Meme coins thrive on speculation and hype，their prices are driven more by sentiment and social media trends than by fundamental value.
I've been reflecting on my approach to meme coins, and it's become clear to me that their hype-driven nature has become my guiding principle. Essentially, it's become a case of "follow the money" - whichever coin has the biggest marketing budget, that's the one I invest in, aiming for quick gains. It's a rather blunt strategy, but it's yielded results.
Yes, you put in right, we really don't know what's going to happen if we invest on meme coins. Maybe you can hit the jackpot if you invest early on Doge, Shiba or Pepe and then you cash out near the top and make a lot of money. So it's base on pure hype alone, pump and dump and you should be at the right place and at the right time to be able to hit that lottery. As for you strategy, yeah it could be good, follow the money plan. But still I do hope that you know the game very well as you might also fall for the trap and can't get out without suffering any losses.