I recently traded some memecoins and made a solid profit. I started with about 2 SOL on Phantom and now have around 24.
I traded coins like Pepe and EGG. I believe that if you play smart, entering at the right time and with low market cap coins, there's real potential for growth.
However, it's important to be cautious, as some projects can turn out to be scams, rug pulls, or something else entirely.
Currently, I see potential in LuckyLark. I joined with 3 SOL and now have 5. It's still at a low market cap, but the community is strong, and the development team is transparent.
They are planning to invest in ads and boost the project's visibility. I've even had direct conversations with them in their Telegram group, which gives me confidence