I don't know if you guys noticed, but I can feel this is memecoin season already. X (formerly Twitter) is filled with tons of memecoins. I know what you are thinking, like how am I supposed to research which one is good or bad so I could invest?
This is where the research comes in. If you do research and put in the effort, you can basically find a gem that's worth investing in.
Let me give you an example of how you can find one, especially dog-themed memecoins. Check Twitter or DexScanner, and if you see a coin that's making green or the numbers are attracting you, you will want to research and find out about that token on X to see if it's connected to any links or even mentioned by Dogecoin team members. Coincidentally, today I saw a memecoin called JungleDoge in the top 60 on DexScanner as it was trending as well, and it was also mentioned by Jordan Jefferson on X, and he even follows the project's team X account. So you can already tell I have found at least one good memecoin.
Also note that, this strategy will not work all the time; crypto is unpredictable. It teaches us to be patient with anything we touch. So if you guys have any experience investing in memecoins, share it here.
This is also what I sometimes do. but the truth is that sometimes I don't find any good projects that interest me. But when we find a good memecoin project that is also followed by one of the famous people in crypto then we feel happy because it is like finding a diamond in a haystack. But we also have to remain careful. Because it could be that the project that is attracting our attention is already too hyped and could go down at any time. Unless the MC is still small then it is still possible for us to enter and we must be prepared for the risks. I like the way you make that simple analysis, friend.