but the reality is we should chasing for early hype if we want some good profit. Even in small market, like i usually visit gaspump dex in ton ecosystem, the one which fly to 20x is a nonsense memecoin, while a token i bought because of good enough project, it is still in the same place since launched till now
If we're going to talk about short-mid term hyped memecoin trades, then sure. Because why would you even care about the utility, team, and tokenomics if we're just talking about memecoins lol. But OP was asking about "
picking altcoins to hold for the long term"; so I'm not sure why you would hold nonsense memecoins for long periods of time.
When picking altcoins to hold for the long term, what do you look out for the most: utilities, team, hype, or tokenomics?