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Quote from: R1dwanRz on June 04, 2024, 06:08:14 PM

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.

Currently memecoins are trending on various social media and one of them is Twitter, so we as traders have to be really careful and have to do research first before buying memecoins. because if you make the wrong decision then losses will come to you.and I only have hope in Dogecoin and Shiba inu, because I believe these two memecoins can survive in the crypto market.

Meme coins can make us the most money in the crypto world whenever are holding volatile coins especially during launch. Their are memes that can hit 100X to 1000X without days and the same way they could ho highers in price, we should also known that they could also fall in price drastically. Cryptocurrency is a game and we ought to have the experience to keep working and searching for hood coins in the market that can appreciated well giving us massive profits. The newbies should know that the coin market is big and meme coins are dangerous when it comes to investing in it.

I could say that this is something can be considered as lottery on which luck would also a determining factor for you to become profitable because we can't really be able to know whether a particular meme coin will fly or flop on the moment that it would launch. The important thing on here is that you should really be that wary at least on the things that you've been dealing on with.Never ever make yourself being too positive with meme coin investment or going all in with it on which we know that on the time that a meme coin didn't get that hype or community support then it will really be that something ends up on a disaster or simply losing money.

Doesn't matter whether you do invest on meme or established coins or tokens in the market because It will always matter or talks about risks management on which this one is really that indeed crucial or something which is really that important.Meme coins could really give out that enormous amount of profits but that's if you do able to hit up the right ones on the right time.This is the main thing or interest on where people do really wants to because once do able to hit it then you could possibly make yourself that become rich if you do able to hit up huge profits.