Making Profits w/ Meme Coins 🚀
PLUS: The Best 15 Meme Coins
Hey, The Altcoin Investor here 👋🏻
Every Thursday, I send profitable opportunities to help you make (more) money with altcoins.
Today I want to talk about Meme Coins.
Let’s dive in!
The Basics
Meme Coins, as the name suggests, are cryptocurrencies inspired by internet memes or trends. They often lack the technological sophistication of major blockchains like Bitcoin, Ethereum or Solana but gain value through their community-driven hype and viral appeal. These coins are typically characterized by a lower market cap, high volatility, and speculative trading activity.
These projects, despite their broken mechanisms, were worth billions of dollars and generated huge returns for those who spotted them early enough (Dogecoin +2,891.49% & ShibaInu +46,000,000% during the 2021 bull market).
There are five common characteristics of great Meme Coins:
Endorsed by influential leaders
Exclusivity
Us vs. Them
Signaling belonging
Co-ownership
The Opportunity
Every project in crypto is actually obsessed with building "community.”
Communities are people with shared interests and activities. The focus is on the common interest, not on the brand.
In bull markets, the projects that achieve the greatest heights (and valuations) are the ones that achieve cult-like status. The raving followers of these projects can be found constantly promoting the project and aggressively attacking anyone online who is a non-believer.
Meme Coins are simply amplifiers of the crypto market and they should definitely be included in a portfolio strategy.
The best Meme Coins
We have selected the best memez we think might be the next Shiba Inu or Dogecoin.
Here’s the list of the 15 best Meme Coins followed by the related narrative and number of X followers.