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?
You have to understand the concept of trading and that’s the only way for you to know when to buy and sell. Since this is a meme token, you also need to consider its news and the hype because not all are worth it and probably some may turn into a scam. If you came here with lack of knowledge then I believe you should learn first and don’t invest right away, understand the risk as well.