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.
There are literally zero memecoins that have any fundamental value maybe besides dogecoin because of its first mover position. These are just all copy/paste tokens and just change the supply and ticker and release it out for presale. 100% premine or presale is insane. Anyone remember 2017 ICOs and how that fared? Nobody learns from history I guess.