So this isn't just a new topic but nowadays I see that on twitter, and discord, people have been profiting from memecoins, especially on solana and some other chains.
BONK, WIF, and MYRO are prime examples of highly traded memecoins that have generated profits for investors. What's interesting is the pattern, when a new memecoin launches or builds hype, it tends to trend across X, telegram and often gets listed on major exchanges.
I recently observed this with the $FUD memecoin on the SUI network. It surged over 70% upon listing on Bitget and MEXC. Their community was actively promoting it, so I took advantage of a dip and bought some $FUD. I don't typically hold memecoins long-term, so I set a price target and monitor its performance.
I think the main game starts once you understand the strategy and plan. If you really want to make some profit with meme coins, find them on Coingecko and research. Now I'm not advising you all to do the same as me but I'm just sharing what I do when investing in meme coins.
Memecoins have definitely been a wild ride this year. While some folks have seen crazy gains, it's important to remember they can be volatile too.
Speaking of interesting options, I'm currently participating in the BingX XR Listing Carnival! They're giving away a prize pool of up to 27,000 XR - might be a good place to find some exciting memecoins (or other tokens!).
What are your thoughts on memecoins? Have you had any luck with them?