By now we know that memes are some of the most powerful forces on the internet. A good meme has viral potential that can generate hundreds of millions of views. However, when it comes to meme coins they are often dismissed as a scam and something that a serious investor would never venture into. To an extent these people are right. There are literally hundreds of meme coins dropped a week and most of them are nothing but a quick pump and dump leaving those late to the party holding worthless coins.
However, every now and again there is a meme coin that will generate truly life changing returns at minimal risk if you get in early enough. I’m talking about people who have turned a hundred dollars or less into millions. I believe the meme coin casino is an opportunity that is not to be overlooked as it has developed into a social, economic, and financial phenomenon of the likes which we have never seen before. This is where you can go if you have even just 100 dollars or less to invest and potentially hit the jackpot.
You may have heard of stories of people who put just a few dollars in Doge and watched it return them 7, 8, even 9 figures. Same with Shib. There were people who only put a few bucks to work early on and saw life changing returns. The truth is this happens more often than you think in these low cap “shitcoin” markets.
I have long theorized that this sector of crypto is not a waste of money. For investors that have little capital to put to work it may be the smartest thing they can do. At the same time investors that have deep pockets might as well take a flyer in this market as well since all it takes is one to hit it big even if the rest go to zero.
Billions of dollars have been made and lost in this market. Of course its absurd and ridiculous. We’ve had dog season, cat season, and even cheese season. Yes, coins named after various cheeses went to multibillion dollar market caps. This is the nature of speculative manias and you can bet it will happen again.
In every meme season there are massive, winners but also at least 10 coins that will go to zero for every one that hits 100 million plus market cap. It’s part of the game. It’s not for the faint of heart but hitting that one winner can make all the difference.
I’ve spoken before about the power of memes in todays internet society and if you think they are a waste of time reserved for the unsophisticated investor, you are only fooling yourself and leaving massive opportunity on the table. The irony is that there are two meme coins today in the top 20 market cap of cryptos. While coins that were endorsed by clowns like Kevin O’leary and other high profile celebrities went to zero.
Memes on the other hand, don’t promise anything but funny memes and a community that can rally around the opportunity to get rich. It’s the perfect intersection between gambling and memes. Both of which people love to do.
In my view meme coins act as a leveraged bet on crypto during a bull market (without actually having to take on leverage). If Bitcoin does an 2-3x again you can guarantee doge and shib will get their bids as well likely doing 10x plus type moves. Lesser meme coins that most people don’t know about will 100x with ease.
We’ve seen this story many times before not only in crypto but in the stock market.
The success of these memes is based on cult like communities. Much like Tesla, AMC, and GME today. Wildly overvalued and overrated. It’s a cult, it’s a community of rabid investors that got rich with the stock and then went out and bought a bunch of Teslas regardless of any underlying fundamental issues with the company. You cant’t blame them. So far they have been right the stock has outperformed bitcoin over the last few years.
The reality is there is not much difference between the psychology behind Tesla, doge, and shib. Maybe thats why Elon is such a big doge supporter. These are powerful principles of human psychology. If you make investors rich they will live and die by you.
I was able to capitalize on this mania within the crypto mania several times. In fact my first big win in crypto was in the meme coin space. After doing some research and going down a few rabbit holes I invested $80 dollars in $Shib before its historic pump. After a few weeks went by, I nearly forgot about my small investment. Then one day, out of no where the price exploded.
My small $80 dollar investment had turned into over $1,400 dollars in a few short weeks. Incredible return right? Being a new investor in to crypto and never having seen gains like this I was happy to take my 17x and run. That was a huge mistake.
Shib would correct for the next few weeks before going on its parabolic ascent. At the height of that run my $80 dollar investment would have been worth $60,000. Yes, 750 times my money from $80 to $60k in just a few short months.
This was during one of the most historic bull runs in history and theres no guarantee this will happen again with more regulations and tighter financial conditions. However, I do know that humans love to gamble and they especially love what appears to be a “get rich quick” opportunity. As long as crypto is around and there’s a bull market I imagine memes will prosper and there will be all kinds of different narratives and seasons to capitalize on.
That being said memes are not exactly an easy get rich quick opportunity. There is a method to the madness and it does take a lot of time, effort, and lost money to be in the right place at the right time.
You have to be in the right chats and following the right people while understanding a few basics of what makes a meme coin successful including things like the contract set up- who is the dev and what are the tokenomics. Community- what whales are buying from which previous winners and how fast are the holders growing? Meme-ability - is it a good meme? does it fit the current narrative or some other major current event?
When the next bull market starts there will be 50 meme coins being created everyday. In a bull run the way to buy memes is just be hanging out in the chats all day and be one of the earliest to buy after launch. The issue with this strategy though is that it is 100% gambling. You don’t know who the developer is and you don’t have a community built yet so there is no telling whats going to happen. Theres is simply too much hype and euphoria to navigate such a minefield.
Just like any other investment the real winners are found during the bear market. Coins like Shib and doge were not created during the bull runs. They were projects that were launched in bear markets and slowly built their communities and holders until the bull market.
This is why I believe there is a unique opportunity today to find the next big meme coin and I have a basket of them that I have been watching closely for nearly a year now. The risk in buying these coins now is at a near all time low. These are coins I have been watching closely and done the work for you to see if they have that shib like potential.
They have a proven story, a proven community, and the chances of them being a rug pull after a year is highly unlikely. So if you like outstanding risk to reward setups you may want to throw a few bucks in each of these and forget about them. As a reminder this is not financial advice and I already hold several of these but there is still plenty of potential here.