The life of most MEME basically follows the following path
1: Early stage (market value 2 million): There are only two or three KOLs talking about the project on Twitter. Watch and consider whether to buy it. At this time, the risks are high and the rewards are high, but there is also a high possibility that the project will not be completed.
2: Rising period (market value 5 million): At least 5 KOLs are talking about it, and one or two Alpha communities have begun discussions. Hold patiently.
3: Stable period (market value 10 million): When threads and media reports appear, second-tier exchanges issue announcement lists, consider selling points, and at least withdraw principal.
4: Final period (market value 100 million): When the project spreads in six or seven communities, and is discussed by no less than 10 KOLs at the same time, and the second-tier exchanges have been launched, it can basically be considered to sell out or 80%. Only a very small number of MEMEs have a long flowering period and can impact large exchanges and reach a market value of 1 billion. In the end, people come for money and stay because of their ideals. If there were really no MEMEs, the currency circle would be so boring!
Altcoins are going crazy in the bull market, and they are busy looking for hundreds of times MEME. Cultural phenomena spread thousands of miles, which is the key driver for the strength of the currency circle. Interesting audiences spread widely, and the publicity and distribution team is stable and long. Capital helps make waves, and the life cycle is short and long. The risk of early observation is high, and it is strong to hold patiently during the rising period. Consider the selling point during the stable period, and be cautious about clearing out at the end of the period. A few MEMEs have a long flowering period and have an impact on the market value of major stock exchanges. Come for gold because of ideals, how can we be boring in the currency circle?
