If we have been paying attention recently, in the world of meme, Sol memecoins have been surging and in other context, exchange tokens too aren't left out for the scope, surprisingly $68B which is 3.2% of the entire crypto market is held by them. Token insight has given us an insight of the tokens that did well, which $BGB and $MX.
I think grouping tokens based on the niche they belong can answer the question "what coin should I trade at the particular moment in time" as it helps to filter the noise and know where the entire market is focusing on. How do you do yours?
Despite their share in the total cryptocurrency market cap, I am not a fan of meme coins at all. I like to do long-term and short-term trading with altcoins and Bitcoin. Bitcoin is the only long-term investment for me and for short-term trading, I like good alternatives. When it comes to coin choice, I never trust meme coins, so I don't like to put a single $ on meme coins, so I will suggest others try and find good tokens and coins here and there. It is better that you invest the money in some good altcoins or Bitcoin where you can expect sure profit.
If you still want to try meme coins or new tokens, then I suggest you invest very little money in them so that you won't regret if you lose your money because, in such tokens or coins, you are not given any surety of benefit. I am not saying that meme coins are not pumped. There are many good projects in the market which have benefited people. As for sustenance, I think Bitcoin and some altcoins are much better.