How to Discover Hot Meme Coins Before They Rocket to the Moon
Pepe coin was recently launched and within just four days, one investor turned $250 into $1.14 million during the last crypto upswing. Similarly, a Shiba Inu investor turned $8,000 into $5.7 billion. These meme coins have the potential to generate incredible wealth. But you may be wondering, how can you profit from them? While Pepe coin may continue to rise in value, it’s already too large to replicate such significant gains. To achieve success, we must locate these coins at their inception. So, where can we find these lucrative meme coins?
Investors are eager to find those meme coins that have the potential to skyrocket their wealth. The reason behind this interest is that many investors have witnessed the incredible gains made by those who invested in Shiba Inu and Pepe coins at an early stage. As a result, it’s essential to know how to identify these meme coins before they become saturated and reach the point where early gains are no longer possible.
The cryptocurrency market is unpredictable, and it can be challenging to determine which meme coin will become the next big thing. However, there are a few methods that can be utilized to increase the chances of identifying potential meme coins early on. One of these methods involves utilizing cryptocurrency tracking websites such as CoinGecko or CoinMarketCap, which have specific categories dedicated to meme coins.
These platforms offer a wealth of information, including data on the performance of various meme coins. By checking the meme coin category on these websites, investors can discover new coins that are gaining traction in the market. Additionally, investors can learn about the coin’s trading volume, market capitalization, and other crucial indicators. By utilizing these tools, investors can narrow down their search and identify those meme coins that have the potential for explosive growth.
But the process to get listed on CoinGecko or CoinMarketCap can be lengthy, as they have certain requirements that need to be met before a coin can be listed.For example, to get listed on CoinGecko, a cryptocurrency needs to have a certain level of liquidity and trading volume, as well as a well-defined use case and a functioning product or service. Additionally, the cryptocurrency needs to be traded on at least one reputable exchange.Similarly, CoinMarketCap has its own set of requirements for listing a cryptocurrency, including a certain level of trading volume, market capitalization, and a listing on at least one exchange that meets their criteria.
Once a cryptocurrency finally meets all these requirements, the team behind the coin can submit a request to be listed on either platform. The team may also need to provide additional information and documentation for the review process, which can take several weeks or even months depending on the backlog of requests.
The implications of a coin already possessing some momentum before it is listed beg the question: how do these coins emerge before being listed on popular cryptocurrency platforms such as CoinGecko and CoinMarketCap? To address this question, I have conducted a bit reverse engineering and discovered a valuable answer that may interest potential investors looking to capitalize on these meme coins. Although it may appear straightforward, the solution may not be immediately evident without prior knowledge. The key to discovering these coins is to search through launch pads like a prospector panning for gold.
One way to potentially discover promising new coins is to take a look at pinksale.finance. It is important to keep in mind, however, that the author of this article is not associated with the platform in any way. Pinksale.finance serves as a launchpad protocol, which means it assists in the launch of new coins. As of now, the launch pad has already raised nearly 500 million in liquidity and has had more than 16,000 projects and 1.7 million participants or buyers. Essentially, this platform provides a space for the debut of new cryptocurrencies. By utilizing this platform and others like it, individuals have the potential to discover new coins before they become mainstream, and potentially reap the benefits of early investments.
The Pinksale website offers a wealth of resources for individuals in the crypto industry seeking to launch their own projects. These resources include various features that can aid in the process of launching these projects. Additionally, Pinksale provides its own crypto wallet that users can take advantage of. However, in the context of our present discussion, we will focus solely on one particular aspect of Pinksale: the possibility of uncovering new and potentially lucrative meme coins through the platform.
In order to find potentially lucrative meme coins, our approach is to utilize the launch pad protocol provided by the Pinksale website. This can be accessed by clicking on the “Launchpads” section located on the left-hand side of the webpage. Within this section, users have the option to create their own launch pads or tokens through tutorials. Again, for the purpose of our current discussion, we will hone in on the “Launchpad List” tab located at the bottom of the page. Here, users can browse through a vast array of coins available for investment. Click on the “Filter By” tab next ti the search window at the top of the page and select “Inprogress.” While the number of options can be overwhelming, it’s important to note that some coins can yield significant returns, with some experiencing a 7500X increase in value. Investing in such meme coins can lead to profits of up to $7,500 for a single dollar invested, making it an enticing opportunity to explore.
These tokens are all newly launched, but it’s important to analyze them before investing. On the Launchpad List, we can see the name of the tokens along with their soft and hard caps. The soft cap represents the minimum amount needed to start the project, while the hard cap is the maximum amount the project aims to raise.
As shown below, a SAFU badge signifies that a project has measures in place to prevent developers from unfairly manipulating the project to the detriment of investors. Further, it’s important to note that having an audit badge is also a good sign for a project, as it can provide valuable information for potential investors. However, it’s essential to understand that even if a project has an audit, it doesn’t guarantee that it’s entirely safe to invest in. An audit can reveal crucial details about the project, such as whether there’s a buy or sell tax in place. Some investors may perceive this type of tax as shady and avoid investing in such coins. On the other hand, the meme culture tends to focus less on tokenomics, functionality, and utility and more on the fun and cultural aspects of the coin.
To ensure the safety of your investments, it is crucial that you conduct thorough research on any project listed on Pinksale before investing. You can further your research on a project by clicking on the “View” button located in the right-hand corner of the project listing. By clicking on a project, you can access information such as its tokenomics, token address, as well as its social links and website. This information can help you make an informed decision when deciding whether or not to invest in a particular project.
Exploring a project’s social media presence can provide valuable insights into its momentum and potential success. In the case of meme coins, momentum can shift rapidly and unexpectedly. Therefore, when considering these projects, it’s important to look for something that stands out and catches people’s attention. This could be a unique image or concept that captures the imagination of potential investors. Meme coins operate on a highly speculative and risky basis, and it’s crucial to remember that most of them will ultimately fail and become worthless.
Let’s take a look at Dogecoin as an example of a meme coin. Dogecoin became popular in 2021 due to its use of a Shiba Inu dog as its mascot, which quickly went viral on social media. This surge in popularity caused the value of the coin to skyrocket, making it one of the most valuable cryptocurrencies at the time. However, its value subsequently dropped significantly and is now considered a highly speculative investment that is heavily influenced by the actions of Elon Musk, who is known for his tweets about Dogecoin.
On the other hand, some meme coins, such as Floki, have continued to gain momentum even in a bear market and have maintained a strong following. Despite this, it’s essential to approach these types of projects with caution and understand that they come with a high level of risk. While some meme coins may experience significant growth in a short period, they can also crash just as quickly, making them a highly speculative investment.
Finally, In the ever-evolving world of cryptocurrencies, meme coins have certainly made their mark. They can be fun, exciting, and offer the possibility of significant gains, but they also come with a warning label: “Highly speculative and not for the faint of heart.” As with any investment, there are potential risks, and it’s essential to approach them with caution. However, with a thorough understanding of the potential risks and a bit of luck, you may just find yourself riding the wave of the next big meme coin sensation. Remember, always do your due diligence, stay informed, and never invest more than you can afford to lose.
Why did Pepe take off?? Find out what made this meme go parabolic: https://medium.com/coinmonks/meme-coins-are-back-in-the-news-why-pepe-is-the-cryptocurrency-to-watch-8c5d73d86ae4
My blah blah blah disclaimer: I am not a financial advisor and cannot provide investment advice. Cryptocurrencies and investing in general involve risk, and individuals should conduct their own research and consider their personal financial situation before making any investment decisions.
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