Memecoins can make you millions of dollars in just a glimpse but the difficult part here is, where? How and when should I invest and not get my investment pulled?.
It is difficult to analyze which memecoins will generate tens to hundreds of times the increase, most of us know it when the token has already risen. Info is the most important thing, so relationships are needed here. Because the earlier we know about it, the greater the potential profit that will be obtained and the less risk accepted.
Unfortunately, there are way too many people who think they can hit that one in a thousand, and they end up putting way too much money into them and they think they can do a great job but then they realize they are not doing a great job and they end up with nothing at all. I personally believe the best way we can move right now is the fact hat it can do a great job later on if they know what they are doing.
If we can do a good job then we can definitely get a lot of money for it as well. Memecoins are so easy to make and you can spend just 15 minutes on some AI to get some logos and banners and social media pfp and then you can generate from one of thousands of free opensource ones and just switch the name to what you want. Why trust people who do something so simple that they will make us millions?