There are plenty of other meme coins, and some people have turned $30 into $30,000. The key question is: how do they know which meme coin to invest in to make such profits?
No one knows and this is why investing on meme coins is really like a gamble on which there's no way that you can be able to tell on where it will really be going in terms of price because if we do tend to look at on those decentralized exchange and the number of new meme coins in the market then it is really just that too hard to make some choices because of the number of tokens that been created from time to time. People will usually do these stuffs.
1. Follow known influencers specially meme coin based or lovers or investors
2. Follow up some whale wallets and trying to check out tokens that been purchased.
3. Pure gut feeling
4. Community hype and interest
5. Solid back up or partnership
The question is on how they will be making out such decision? This stuff isnt something that you can be able to make up decisions because you will be hesitating because you will be wanting on getting early as much as possible into those meme coins on which something that can make them a millionaire. Buying up tokens into its earliest time or on the moment that it do launches does really need up some at least that mix of luck because there are tokens which doesnt have solid back ups or hype but eventually it did able to hit up x1000 or even more. This is what people that trying out to hit up at least.