Source: Web3Quant X account

Written by: Web3Quant

Compiled by: TechFlow

 

Here are the key things I look for when investing in memes:

  1. Meme Name

The best names should have 3-5 letters.

Easy to remember.

The pronunciation is not awkward.

  1. Possessing Meme attributes

There was absolutely no practicality, no commitment from the team, just good vibes.

Avoid tokens that call themselves “More Than Just Memes.” If it’s not 100% a meme, then it shouldn’t even be here.

Meme should be a universal concept so that more people can participate easily.

Scalability. New Meme elements can be continuously added to attract new community members.

Be positive. Try to choose positive memes and avoid controversial content, which will make it easier to get public support from celebrities and exchanges.

There is no expiration date. Great memes should not have time or price limits.

  1. Community

The core of meme is community. Specific memes can attract specific types of community members, and good memes usually have healthy members.

Early adopters need to be nurtured so that they remain positive when the meme price drops.

Coin holding distribution @HolderScan. The more dispersed the coins are, the better, which means more people are working hard for their investments, and it also increases the risk resistance of the tokens.

  1. Valuation

Categorizing memes into different valuation categories ($1 million to $100 million, $100 million to $1 billion, and $1 billion to $10 billion) can help better plan selling strategies.

Many small-cap memes may not achieve huge market cap jumps, and understanding this is crucial for developing short-term trading strategies.

For memes with a market cap of over $1 billion, they typically gain broad support from the cryptocurrency community.

Conclusion

In the world of cryptocurrency, Meme has become a force to be reckoned with due to its unique cultural appeal and huge community support. Through careful analysis and selection, investors can find interesting and potentially lucrative opportunities in this emerging field. Remember, everyone's investment path is unique, and we must choose Meme tokens that match our values ​​and enjoy the fun of investing.