Value investing is in vain; betting on MEME to live like royalty is a long-standing slogan in the crypto world. Now that the MEME season has arrived, we need to talk about how to find the golden dog.
Narrative-themed popular meme coins are mainly concentrated in themes such as animals, internet 'memes', events, names, foods, and fruits, which easily resonate emotionally with people. 1. Animal and plant themes have the highest proportion of animals. Ethereum and EVM-compatible chains prefer 'dogs', while on Solana, 'cats' seem to be more popular. As long as they are ugly, unique, and have a meme, they are fine.
Occasionally, fruits or foods can also become popular topics. For example, recently, a certain operation by the vice president of Sotheby's became a hit with BAN. 2. Internet 'memes' mainly revolve around highly real-time news hotspots and popular memes. For instance, during the debates between Biden and Trump, there were many related Biden coins and Trump coins. Previously, someone in the group organized members to rush into dog coins via walkie-talkies, leading to the emergence of Lei Jun coins and walkie-talkie coins.
In the crypto world, hot topics discussed online often get quickly packaged into a meme concept for coin issuance, allowing traffic hotspots to be quickly monetized. Another common phenomenon is copycat coins. After a token theme triggers a wealth effect, it attracts a large number of 'missed out' FOMO investors.
At this time, a lot of 2.0 coins, or even 3.0 coins, will be generated to wrap up this wave of traffic harvesting. Those who jumped in early can often make money 😆 The token indicators are key! I remember a big brother who got rich from SHIB said that finding a golden dog is about finding the 'median'. At first, it sounds like he's just showing off, but upon reflection, it makes some sense.
So how do we find this median? What token indicators can we filter for the median?
1. Prohibition of minting (high weight) Almost all successful memes prohibit the minting of additional tokens, which avoids the possibility of unlimited selling. This is easy to understand.
2. LP Burning (high weight) refers to the so-called 'throwing into the pool', losing permission to prevent the issuer from withdrawing liquidity.
3. Total holding ratio of the top ten addresses (high weight) This indicator reflects the holding ratio of top token holders. In successful memes, the median ratio for this indicator is 20%, with an average below 30%. Higher holding ratios can lead to panic selling among retail investors, making them hesitant to jump in.
4. Lifecycle (medium weight) The lifespan of a MEME, or its trading active period, is often very short, sometimes just a few hours. Most memes have a lifecycle of only a few days, averaging around 5 to 20 days. If a token's active period exceeds this time or is longer, it could be a good indicator, significantly increasing the likelihood of becoming a golden dog!
5. Number of social media platforms (low weight) Good meme projects know how to market themselves. Social accounts often publish content across multiple platforms to drive traffic, such as their own website, Twitter, Telegram, and Discord. This can also indirectly reflect the project's sincerity, investment costs, and marketing level.
Among all successful golden dog memes, 70% have accounts on 3 platforms. If there is no Telegram community or Twitter account, the golden dog score will be significantly lowered!
The crypto world cannot exist without MEME coins, just like the West cannot exist without Jerusalem 😄 Although MEME coins seem to have no real value, their wealth creation effect has always existed. It is foreseeable that as long as the crypto world exists, MEME themes will persist, giving everyone a chance to get rich. Unchanging MEMEs, flowing valuable coins; I hope this article can help everyone find their own golden dog and achieve financial freedom soon.
