How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?
It's difficult. but generally if the demand is higher than the selling action I think it's a good sign when viewed from the daily transaction history data on the stock exchange if they are already listed, for example as you mentioned one on the MEXC exchange or others.