This launchpad market is arguably the toughest it’s ever been, and the hardest time for retail investors to make money.
Think back to 2021: there were plenty of small-cap coins with market caps of a few million or tens of millions. A $1 billion market cap wasn’t even considered overvalued, and the best performers went on to reach tens of billions.
Ever since Pump came along, the whole market has changed completely.
Tens of thousands of new coins can pop up in a single day, but hardly any tokens can hold a market cap of $10 million. And even then, you have to stay on edge every day, afraid that one pullback could send them straight to zero. The projects that reach a market cap of over $100 million are basically the ones with real revenue that flows back to their tokens.
Now we’re in the middle of a full-blown launchpad arms race. Every blockchain has dozens of token launchpads, each of which can list dozens of new coins a day—and every platform has launched its own token.
You might think: So why not just buy the tokens of the top launchpads? Surely that’s a safe bet, right? The reality is brutal. Before a launchpad takes off, there are tons of similar platforms out there. Out of a hundred, maybe only one makes it; the rest basically go to zero. And by the time one really catches on, if you jump in and chase the price, you’re left worrying whether it can keep launching quality new coins and maintain its token buyback program.
Honestly, can retail investors like us still make money in crypto?
Think back to 2021: there were plenty of small-cap coins with market caps of a few million or tens of millions. A $1 billion market cap wasn’t even considered overvalued, and the best performers went on to reach tens of billions.
Ever since Pump came along, the whole market has changed completely.
Tens of thousands of new coins can pop up in a single day, but hardly any tokens can hold a market cap of $10 million. And even then, you have to stay on edge every day, afraid that one pullback could send them straight to zero. The projects that reach a market cap of over $100 million are basically the ones with real revenue that flows back to their tokens.
Now we’re in the middle of a full-blown launchpad arms race. Every blockchain has dozens of token launchpads, each of which can list dozens of new coins a day—and every platform has launched its own token.
You might think: So why not just buy the tokens of the top launchpads? Surely that’s a safe bet, right? The reality is brutal. Before a launchpad takes off, there are tons of similar platforms out there. Out of a hundred, maybe only one makes it; the rest basically go to zero. And by the time one really catches on, if you jump in and chase the price, you’re left worrying whether it can keep launching quality new coins and maintain its token buyback program.
Honestly, can retail investors like us still make money in crypto?