📩🧐 Lifechaning money - what does this actually means?
By buying Memes - it can be possible. But there is a hint. It only can be done when the Meme just went live and online - such as Kekeius Maximus which was promoted by Musk in December 2024.
But what is lifechanging money? For many, its 10.000 Dollars, or 100.000, or one million. Depending highly on currency on country I believe.
Meme coins like SHIB, PEPE or Lunc cant do that anymore. Their hype is far from over. And yes, Terra Classic can be rated as a Meme already since this coin is an utterly bad joke. Coins for poor people to give them hope, not more.
I, myself hold a little SHIB and PEPE and Bonk - from giveaways with Binance Red Packages. Pepe I bought as experiment to show you all how to get daily pepe for free by staking it.
What can make you rich/wealthy?
By buying coins at cheap price? Partially right. But cheap is relative.
Cheap would be $ICP since it can do a 2-5x from todays price. But that is not cheap for many other people on this planet. Same goes with Chainlink.
In what you want to invest are rather small or mid marketcap coins.
One could be $REI which is currently sitting on a laughable market cap of less than 30million dollars.
However, these small coins bear a risk aswell. Basically a high risk/high reward kind of coin.
Small and mid marketcaps are one way to make an easy 5-20x depending on coin and usecase.
In comparison, PEPE sitting on a marketcap of 3,7 billion. Can a 3,7billion marketcap coin make a 100x? Most likely not, it would be bigger than Solana which resides at 77billion.
Its just simple math. Be careful what you invest in.
Just invest money you are willing to lose. Well meme coin traders can surely relate, their money was wasted the second they put it in.
Not everything which sounds too good to be true actually brings lifechanging money.
Small little hint: Coins which be affected by novembers ISO20022 can be a good buying opportunity from todays price.
Cheers.
We move.