When looking at the Meme gain rankings to place an order, the easiest thing to overlook is: how much you are willing to lose at most.
In this USDT snapshot, $WIF 24 rose 22.195% over 24 hours, with the current price at 0.2461 USDT. This gain only means it made it onto this ranking; it cannot decide for you how much to invest. Suppose you are willing to lose at most 20 USDT. After entering, if you calculate using a 10% exit distance, the maximum position size is about 200 USDT; if you only accept a 5% drawdown, the upper limit is about 400 USDT, excluding fees. For the same coin, the amount can differ by a factor of two. This example does not predict how $WIF will move, nor is it a position recommendation; if the exit price may be changed temporarily, the reverse calculation will fail. Don't use the excitement on the gain rankings to fill in these two lines for yourself. Before placing an order, write down "how much you can lose at most" and "the exit price," then calculate the amount in reverse.
In this USDT snapshot, $WIF 24 rose 22.195% over 24 hours, with the current price at 0.2461 USDT. This gain only means it made it onto this ranking; it cannot decide for you how much to invest. Suppose you are willing to lose at most 20 USDT. After entering, if you calculate using a 10% exit distance, the maximum position size is about 200 USDT; if you only accept a 5% drawdown, the upper limit is about 400 USDT, excluding fees. For the same coin, the amount can differ by a factor of two. This example does not predict how $WIF will move, nor is it a position recommendation; if the exit price may be changed temporarily, the reverse calculation will fail. Don't use the excitement on the gain rankings to fill in these two lines for yourself. Before placing an order, write down "how much you can lose at most" and "the exit price," then calculate the amount in reverse.