Today YouTube showed me the latest video from the Crypto Tips channel which was presented by . She talks about how to evaluate memecoins for possible large profit.
The Crypto Tips channel is watched by many crypto fans so it is good to see what they are talking about. It has 251K subscribers and this video which is just hours old already has 5K views.
Heidi says that memecoins and low cap coins can pump hard in Alt Season, which is either here or coming. I said above that they could offer "possible large profit". Please understand the difference between possible and probable. Anything with a probability of greater than ZERO is possible. But if something is probable then you would expect it to have a probability of over 50%. So will be get wiped out by an asteroid tomorrow? I mean it's possible? But no one is offering any data that it is probable.
The overview summary of this video is that you probably will NOT make large gains in memecoins. Some will, and you will hear from them! They will want to show off their amazing profits. But be aware that many many many more folks will LOSE money, and you probably won't hear from them as they really don't wanna talk about it!
But okay, you are an adult. You make your own choices and you live by them. So how will you make the best choices?
Here is what Heidi talks about:
Look for a Lot of Community Engagement. She recommends that you check Lunar Crush. I went there and visited the pricing page, and it costs $24 a month.
Source: https://lunarcrush.com/pricingLook for Liquidity and Market Depth. For this, Heidi recommends dextools and coingecko. I like coingecko personally.
CoinGecko: https://www.coingecko.com/Check the Token Distribution. See who owns what, and when tokens may be unlocked. Heidi talks about the "scans" which for example a token on Ethereum can be looked at with etherscan.
Etherscan: https://etherscan.io/
If this is the first time you're hearing about any of these 3 websites that I linked here, do you really think you're going to be one of the memecoin millionaires, or would it be more probable that your purchases will be someone elses' exit liquidity?
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PEPE on HIVE
Just as an example, we have our own PEPE memecoin token on hive-engine. It has been there for over a year and has had its ups and downs.
Source: https://hive-engine.com/trade/PEPE
The community is pretty good! We stick together. We share tweets on X. We share memes. We play the PEPE Game.
There is some liquidity on the order books and in the 3 pools that PEPE is paired in.
The token has a pretty good distribution. Thousands of accounts have it or have had some of it. If you look at the top 50 in the rich list, you'll see they al have over 3 Million tokens each.
Shill Me Your Fav HIVE Memecoin!
Whatcha likin' on here?
Tell me what to buy and I'll pick one and buy some of it!
I'll be looking for your recommends in the Comments! 🤑🤑🤑
My Activity
today was mostly indoors. I had family business to attend to. But I did high knees and squats as exercise snacks (2 minutes of nonstop activity). I also lifted the dumbbells, doing arm and back exercises as well as squats holding the dumbbells.
At night I went out for a walk but found it was raining so I didn't go far. Still I hit 6K which is low-average for me.
Have a Nice Day, My Friends!!! ❤️❤️❤️❤️❤️
This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io