In my previous article, I have talked about why the team behind a meme coin Project is a crucial factor. Make sure to read that article so that you don't fall short on trading meme coins.

In this Article, I will talk about:

• Why is Tokenomics a must to check while trading meme coins?

You have to check out the tokenomics of the meme coin you want to invest in. Stay away from those memecoins that have a huge amount of tokens allocated for the team. Because it is most likely the team will start dumping on you when the token starts trading. Check out if the tokenomics has a burning/buy back mechanism attached. Because then a portion of tokens will be out of supply forever which is good for the token and a sign to increase in value for the token.

Thanks for reading this article.

Part 4 uploading soon.

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