Following the bullishness of the market, we’ve seen Bitcoin and altcoins moving uptrend without showing any signs of slowing down. Memecoins particularly have been gaining momentum, this made me put more attention on them.
Considering, lot of memecoins enter the market daily, i made some research on how i can filter out the potential ones and so far buying coins on ChainX has made me good returns. The cex has an ongoing New signup 150K usdt prize...anyone can participate..
The fact it gives degen traders access to the potential and high value coins early has been a game changer for me. what's your thought on entry strategy
It is also difficult to determine whether new meme coins listed on cex platforms will suddenly pump the market on an exchange. We know that usually meme coins are just pump
and dumps that often happen. Only rare are meme coins like Shiba inu, Pepe and Floki that actually have something good in return in terms of long-term.
So, the risk is really high when you do it like you say, honestly speaking. But if you are in time, you will suddenly boom, you will be rich suddenly if you are right. Because there are others
that have not been listed on the exchange for a week and suddenly pumped 1000x or more in which is really a winner for its early buyers.