So this isn't just a new topic but nowadays I see that on twitter, and discord, people have been profiting from memecoins, especially on solana and some other chains.
BONK, WIF, and MYRO are prime examples of highly traded memecoins that have generated profits for investors. What's interesting is the pattern, when a new memecoin launches or builds hype, it tends to trend across X, telegram and often gets listed on major exchanges.
I recently observed this with the $FUD memecoin on the SUI network. It surged over 70% upon listing on Bitget and MEXC. Their community was actively promoting it, so I took advantage of a dip and bought some $FUD. I don't typically hold memecoins long-term, so I set a price target and monitor its performance.
I think the main game starts once you understand the strategy and plan. If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.
I've had some profit with PEPE in past. It was my most yielding memecoin investment. There might be a few percentage profit on others too but they are still negligible. I'm currently heavily invested on top memecoins. I have Bonk, Bome, ShibaInu, mew as my largest holdings and aims to bag many more.
Its a surprise to see how fast a new meme coin rises but it's too difficult to find them. There are like a dozen of networks that are producing memecoins at a pace of 100s of coins each day in aggregate. Its even harder to predict which would have next pump.