[Wenggou Original] MEME's Super Cycle, only chips in sight

  • The article discusses the rapid evolution of meme coins in the cryptocurrency market, highlighting the dominance of PVP (player vs. player) dynamics where winners are few and losers are many, despite strategies like tracking smart money or early project involvement.
  • It critiques the illusion of fairness in the market, noting that VCs (venture capitalists) have merely shifted from the forefront to behind-the-scenes roles, with firms like GSR and DWF now influencing meme coin trends.
  • The author emphasizes the cyclical nature of meme coin trends, advising investors to focus on timing and liquidity, particularly on the SOL chain, where entry and exit are easier but competition is fierce.
  • Key strategies include buying during the second callback of a meme's popularity and avoiding overexposure, as "the second callback leads to decline, and the third to exhaustion."
  • The article concludes that in the current crypto era, narratives change monthly, and the only constant is the flow of hot money, urging investors to focus on securing profits rather than chasing trends.
  • Tools for tracking meme coin activity are provided, including platforms for monitoring holders, on-chain data, and identifying potential blue-chip memes.
Summary

In the past short month, we seem to have experienced many ciicles, from AIMEME's leader $GOAT, to the top $MOODENG in the web2 world, to the auction art leading meme $BAN, iterating at the rate of almost one top meme per day.

[Wenggou Original] MEME's Super Cycle, only chips in sight

In the essay, PVP is always the winning side, and it is always the side that earns 100 or 200 SOLs for 1 SOL.

Anyone who has actually participated in PVP knows that behind every winner there are at least 100 losers.

Although we have tried hard to sort out the secrets of PVP, such as looking at the projects before DEV at the beginning, looking at the depth of the pool after the start, following the smart money, and watching the actions of smart money, and so on.

There are still very few winners. After all, who can ship faster than the project owner?

Looking back at this round, the rhythm of meme runs through the entire cryptocurrency speculation cycle. The market is changing from the bottom up, and retail investors have also achieved the "fairness" they want, bringing down VCs, not buying VC stories, and not buying high FDV stories.

Now I have got what I wanted.

But has the market really become fairer? VCs have only moved from the front stage to the backstage. GSR has become a new meme market maker, and DWF has also become a new favorite of market makers. GOAT has become successful with the endorsement of A16Z and quickly fomo.

In the end, VC still leads the market

In such a market, all we can do is to follow it from a cyclical perspective, find places where money can enter, and only be the first to win.

For the big market, when the BTC market is good, pay attention to the meme chain market. When the market is bad, meme will not have a big wealth-creating effect. Because big funds (main force) dare not move

In terms of liquidity, the current liquidity is not insufficient, but too dispersed. SOL/ETH/BASE chains each have their own players and users, but if you have to say, it is more convenient for SOL chain memes to enter and exit. There are more big memes coming out. But because of the existence of PUMP.fun, PVP is more serious.

On the SOL chain, only memes that are already popular on Twitter, have been added to the RAY pool from pump.fun, and have lasted for 1 day, avoiding overly intense PVP.

It is safer to buy at the second callback, or after the callback has become popular. Secondly, do not make more than three callbacks for a currency, because "the second callback will lead to decline, and the third callback will lead to exhaustion." Hot spots = attention, we all know that, but a good price is more helpful for adjusting the mentality and "holding" after buying a meme.

Selling at a loss means making a profit forever, and putting the money in your pocket is safe. The current cryptocurrency world has become an era where a major narrative changes every month. There is no permanent hot spot, only permanent hot money. Only chips in your eyes should be what you should do when playing memes.

[Wenggou Original] MEME's Super Cycle, only chips in sight

Tools for playing MEME

(1) Check the number of holders: http://holderscan.com

(2) On-chain monitoring, smart money, social data, etc.: http:/memego.ai

(3) The next blue chip: http://gmgn.ai/?chain=sol

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Author: 稳狗日记| Winterdog

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

Image source: 稳狗日记| Winterdog. Please contact the author for removal if there is infringement.

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