Investing in memecoins profitability is viable only if you can buy it on pre sale price. Before exchanges get their hands on them.
Cause once a token hits 2000% profit, there is no reason for new investors to buy.
Buying in presale is more risky because there are only some memecoin which will survive and will list in dex and cex with good volume while 90% coins will be failed before listing. It's very hard to guess which meme coin investment will be life changing investment. meme coins projects haven't any team details and backers to find best quality project.
PEPEWX is a new PEPE FORK-COIN on the waves blockchain , minted 90B , PPC 0.0000075$ Total marketcap start: 500K USDT + Burn , Airdrop and Bounty.
Link:
https://pepewx.tech This is quite new project and if we check its twitter then we will found that this is fully scam project as twitter has following more than 1k followers and this profile has only 265 followers and only one post so far. only fool will be invest in this project.