here's a longer post on how to think about memes
mostly applies to short/med term attention tokens
enjoy
why hold a coin???
either you know someone will pump it artificially (cabal scam)
or you are pretty sure attention will go up not down
for example the penny coin everyone is shillijg me
story is out, no one cares
where will attention come from??? nowhere, youre betting on a random thing, lucky bailout (elon post or smth)
lets look at some examples from the last few days
2 tokens i bought and 1 i didnt
tpt and basilisk (bought at 40k and 90k)
were easy to buy sub 100k and wait- these are existential concepts (tpt more obvious) that seem like they will get traction at some point- discussion/attention
that attention came, and looks obvious now
similar coin- veo3
was shilled to me a lot
did ok but i passed instantly cuz- what will people talk about more/longer and what will get more attention- the name of a product (that will change- veo4 any day???) or a concept that lasts forever and is new/expansive idea
memes actually feel very easy right now if you think this way
hope this helps
thank u for reading
- kook