The Biggest Mistake People Make with Memecoins

Many investors fall into the trap of looking back instead of focusing on the future when it comes to memecoins. Take $WIF, for example, which achieved an impressive 1000x+ growth and reached a market capitalization (MC) of $40 million. Many thought they had missed the boat, but $WIF still did another 100x! If you're feeling like it's too late, here are some critical questions to ask yourself:

1. 👀 How many of the initial investors still hold large amounts of these tokens?

- The reality is very few still hold their investments. Approximately 99.9% of early investors likely sold when they achieved x2-x5 returns. This indicates that there’s still room for growth, as most profits have already been realized.

2. 💰 Assess liquidity:

- Check if the "whales" have already entered and if they still can. Memecoins usually have low liquidity, and if you have significant capital, you might need to wait until the market cap reaches several tens of millions to avoid inflating the price too much with your purchase.

3. 🚀 What is the potential of this token?

- If the target market cap is $300 million, does it really matter if you buy at $100 million or $40 million? An increase to $100 million is usually just a confirmation that your idea is right, not the end of the road.

🌍 It's important to zoom out and assess the future potential, not just past gains. Focusing too much on what has already been achieved can make you miss out on more 100x opportunities. 😁