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.
Were you able to chase the hype? and hows it going so far?
This is the riskiest strategy dealing with the meme tokens and seriously, following the money doesn't guarantee anything and because of the hype, you can't be so sure that you will make money too. Be more cautious with meme tokens, not all are worth it and they usually have the budget for big marketing purposes because they need to reach huge market and some of those meme tokens after doing this becomes inactive and rug pull the funds from their investors.