Which meme is going to make you a millionaire this cycle?
If past cycles are anything to judge by there will be a few coins that bolt out of nowhere. IT's a sad but true fact in crypto that the biggest gainers in the next bull run will be tokens with no purpose or value other than people hoping to make it big.
Personally I don't get people's fascination with these shitcoins and the fac tis that most people are far more likely to lose money chasing riches than actually make any profit from meme's but every time around they go again and we see a few tokens pump out of nowhere.
Just looking at the top 100 tokens on coinmarket and the top gainers.
7 of the top ten gainers are memes.
- PEPE
- SHIBA INU
- DOGWIFHAT
- BONK
- FLOKI
- BRETT
- DOGECOIN
Up 20 - 35% this week alone. Nice but nothing to when the exploded into the mainstream. Look at $SHIB between MAY and NOV 21.
Starting at $0.00000068 and jumping to $0.000082 in a six month period. That's when you want to be getting your funds in and hitting those 100x gains.
Those rare gems are few and far between. You can spend years chasing lost causes to try and make some money but more often than not you're going to lose.
Even harder is holding onto those gems for real lifechanging money if it does get pumped as you know there is no substance behind the token and it can die or rug just as easily as it can pump.
I've had a few shitcoins that would have been worth a lot if i had the diamond hands but it's hard to hold when oyu don't believe in the project.
I had some doge and some wif. Still have some shib and some Floki. Hoping that we get a burst from Corgi or Osak.
Who knows, any token can make a run in bull markets.
I don't know how to find those gems but i do know that you need to get in early and forget you have them until it hits the news. I might try to stack a few more small caps and put them aside for the winter.
Looking down the ratings it all looks like shitcoins to me but who knows.
