Honestly, it’s probably a mix of both – a bit of luck and being in the right place at the right time.
With small amounts like $10, people can take higher risks without worrying too much about losing it, so they jump into new projects early. If one of them moons, the percentage gains look huge.
The tricky part is that for every $BNKR or $CLIPPY that takes off, there are dozens that go nowhere or rug. The friends you’re mentioning might just have hit a few good ones, but that doesn’t mean the same strategy will keep working forever.
Exchanges listing solid projects definitely helps, but by the time most people see it on a major exchange, the early gains are often already gone. The real skill (or luck) is spotting those gems before the crowd does – and that’s way easier said than done.