How To Find The Next "BIG" Meme Coin

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If you're looking for the next $PEPE then I'm sorry, you wouldn't find that here, but wait up, you might just be interested. The $pepe buzz is gradually dying.

At one point in time, the marketcap seemed to be the biggest thing in crypto amidst a bitting bear market where the SEC and the US government are dishing out their daily FUD.

First of all, I believe meme coins are here to stay because the whole crypto space seems to have a soft spot for them. It's true they really do not have any legible project other than hype, I believe that a lot of people treat them more than this and that's why they get burned so badly.


Reason Why People Do Meme Coin s

Some people treat them as solid projects, putting in crazy amounts of money of their real-life investments and all that.

I feel that one of the reasons why a lot of people go into meme coins is because it's easy to tell someone that they'll make money other than telling them about whitepapers, the potential of an exciting project that might be futuristic.

A lot of people are recently coming into crypto through the meme hype, so because of this, they solidly invest in these projects without bothering to check out the fundamentals of crypto, or the other aspects of crypto


The Money/Crypto Generation

This makes me question: If adoption is going to be driven by meme projects, what type of people are we going to be adopting?.

To be factual, meme projects pull a lot of people into crypto, however, a huge percentage of these people might not be really interested in crypto but just make money.

The reason why this is so is because the reach of meme hype is unbelievable. In the last bull market, I learned of Shiba Inu through WhatsApp and not even on Twitter or on the blockchain.

There were tens of INU coins which are always hyped across social media. I believe that this is because of astute marketing.


Meme Projects Thrives At The Grassroot

A lot of people at the grassroots are on Snapchat, WhatsApp, and TikTok. These projects got talked about in these places and it was surprising to see noobs and normies putting in crazy amount of money, just so they could earn that mega bucks.

So the meme approach is always to preach the money and get the crowd crazy, but one thing I've discovered is that for every meme coin like Shiba Inu and doge that made waves and gave people some massive profits.

there are tens of others that wrecked people as well Memecoins aren't bad in my opinion.


Influence Where The Money Goes

I just feel that people are trying to create an everlasting milking machine where there's no product or utility that can drive sustainable value. However, if it were so, then as wouldn't be seeing massive interest in them.

A lot of people say that doge was already a sensation before Elon Musk talked about it on ,Twitter but this is not true. Elon Musk was an unpaid influencer, who to me, had no business in crypto.

If he did, he'd have chosen what to hype rather carefully. Maybe BTC, ETH? Who knows, but one of the biggest ways meme coins employ to hype is a total concentration on one coin and hyping it massively until it becomes a sensation.

But what are the criteria to truly determine what meme coins will likely blow up and become viral crypto sensations?

This is the question on the lips of everyone who missed out on the $PEPE millions.

There are people who missed out on Shiba, floki, and even doge, funny thing is, they have still missed out on $PEPE and they're now becoming to wonder if there was a certain strategy to knowing which meme coin would be the next big thing.

I think everyone has thought about this too, why?

Inasmuch as the OGs also know not to be too serious or greedy about meme coins, if they were to know the next big thing, I believe they'll develop an entry and exit strategy, dump the profit into alts and they would have successfully increased their bags and holding as well.

But meme coin is all pure luck and the marketing strategy of the developers. This a risk that some people are not willing to take.

However what blows up meme coins is the eventual latecomers who throw in the Money
when the coin is already peaking, but one of the reasons why people still throw in money at a meme project that already peaked is because of the FOMO they experience, hoping they can also make some little profit, but all they do is pump the bags of those who are already holding the coin.

Being a latecomer to a meme project can be a bummer

......but sadly there's really no way to be a meme OG, unless you have all the money to test the waters. So meme coins are the battle of gainers and losers.

Seeing it as a gamble will help you understand that the money thrown into them should be disposable.

There's no metric to judge a potential meme coin, but you can of course make money by knowing how to get in and get out, if you treat them like a solid project just like a normie would, then it's likely you'll get burned.



Interested in some more of my works?


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Money: The Consequences Of Making The Right & Wrong Decisions
The Nigerian Economy: Monopolizing Incompetence
The Experiential Process of Understanding Money
A Case Of Theft On Hive: Here's Why Some People Choose Scam.

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21 comments
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Meme coins will burn a lot of people and people like them because it represents how much money they can earn. The percentage increase is crazy so people investing hundreds and earning thousands appeal to them. It's all about risk and most of these meme coins don't really any use

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They really are of no use. Just that it's pump and dump. The craziest thing is that some normies come into crypto through them and because they don't know how it works, they just stay vested in it, until they're burned, then they blame the whole crypto.

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I think a light heart strategic approach to meme coins wouldn't be such a bad thing. It seems that they aren't going away anytime soon although many of them will find it hard to achieve sustained growth. It's a good money making opportunity in the short term but the chances of success are very slim.

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They're not going away like you've said, not matter how some people hates it. The market demands for them because people want to make short term profits. The owners just wants to create and hype them.

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Right. There's demand for them. So the owners will continue to find ways in bringing the supply. It's the proverbial find a gap and fill it. Although in this case, a lot of stake could be involved.

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Great article on meme coins. As for me I would not invest in any of those coins, unless I had first hand information that Elon Musk or someone influential was going to promote or talk about them, then put in money and sell as the crowds begin buying in. I guess its pump and dump for most of them. I feel bad for the newbies who buy at the height of these projects and watch helplessly as the price plummets. Unfortunately some people just have to learn the hard way.
Anyways, lets see what comes next after pepe, but am not following the meme coin market so keenly. Thank you for sharing and keep enjoying your week :}

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I think some of these newbies dug their grave. A whole lot of them now spread the misconception that crypto is ponzi, meanwhile they're the ones who bought into the wrong projects. It's crazy.

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Doge is different though. Its been around 10 years and has always had a strong community... and still in the Top 10. However, all these new memecoins are a complete gamble... nothing more, in my opinion.

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Well hahaha can actually call doge the BTC of meme coins. It's however still a Memecoin and I wish we can have other meme coin with some solidity and not always the pump and dump approach. A lot of normies gets burned by meme and blame it all on crypto

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It is like the same analogy is really hard to time the market. Finding the next meme coin that will make a 15000% gain is really hard and pure luck, as you have mentioned.

I monitor lately the new projects and is unbelievable how much new meme projects that pop up daily!!!

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You're right, these meme Projects pop up everyday and it's hard to tell which will make that much gains. It's pure luck and I believe that there are people who might gain and some others will lose.

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Picking meme coins, like buying lottery tickets, can be a solution :)

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It's like buying a lottery truly. I think it's a trend that can continue...

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Crazy how I have never scored from these meme coins, the reason is obvious though since I don't chase them there is no way I score some profit or even get rekt for that matter.
I do however think meme coins do drive a bit of crypto adoption through FOMO, some will stay regardless of profit or loss, while some will leave with regret of trying out crypto.

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I think some of the FOMO are misplaced, hence making some of the newbie to crypto put their money into the wrong investments. However it has it good sides. I think a lot of people are not paying enough attention to how these things are. Like you too, I've never scored any profit from them because I don't invest in them in tne first place.

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A great overview of fomo and the meme projects. If investing in meme coins is part of an investment strategy, then even if you do get lucky, you will likely also lose the wealth gained just as quickly. I do believe in the Get Rich Slowly philosophy and learning how to invest is part of that strategy.

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I also believe in the "get rich slow" psychology. I think the fomo thst comes with meme projects is why you have some many people coming for the money, hopefully so they can diversify. But in real sense, people lose as much as they gain, just as you've pointed out.

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Yes, I have learned the hardway about de-worsification!

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I know that if I did invest in a meme coin, it wouldn't be a long term one. I'll sell it off once the hype sets in and bag my profit. Meme Coins have been known to not have any real value except the hypes and sensations created around such tokens.

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I don't even have enough money to invest in them, so I'd just stay far away from it. But anyone who has enough money can explore it with the right understanding. Afterall we make money with money.

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The main reason I can't invest my money into meme coins is because of the risk, it is just too much but it is worth the risk if have a lot of money you can play with. I can never take it serious

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