There’s definitely another run coming for #MEME on the BSC chain, but for now there are three kinds of plays I’m staying away from:
1. I’m not touching PVP speed-run launches. New projects don’t have much upside or a concentrated narrative. Even if one hits a $1 billion market cap in an hour, it’ll probably end in a mess.
2. I’m not touching old projects that suddenly come back to life. The shady market makers have no hot narrative left to ride, so they dig up some ancient projects to trick retail traders. You won’t even have time to react.
3. I’m not touching conspiratorial plays that are too obvious. Some celebrity or official account openly shills a token, or someone posts a call—then it all reverses and becomes a trap to dump on buyers. None of these are genuinely building.
At this stage, the best thing to do is save your ammo and keep waiting. The next wave isn’t far off. If you’re really itching to trade, look for small-cap projects with some established community consensus that aren’t dead yet, and try a small position for a second leg up—for example, $GANG and #年年.
When the market’s bad, trade less and talk more!
1. I’m not touching PVP speed-run launches. New projects don’t have much upside or a concentrated narrative. Even if one hits a $1 billion market cap in an hour, it’ll probably end in a mess.
2. I’m not touching old projects that suddenly come back to life. The shady market makers have no hot narrative left to ride, so they dig up some ancient projects to trick retail traders. You won’t even have time to react.
3. I’m not touching conspiratorial plays that are too obvious. Some celebrity or official account openly shills a token, or someone posts a call—then it all reverses and becomes a trap to dump on buyers. None of these are genuinely building.
At this stage, the best thing to do is save your ammo and keep waiting. The next wave isn’t far off. If you’re really itching to trade, look for small-cap projects with some established community consensus that aren’t dead yet, and try a small position for a second leg up—for example, $GANG and #年年.
When the market’s bad, trade less and talk more!
