What makes a memecoin reach $100M and beyond?

What makes a memecoin reach $100M and beyond?

It seems like these days meme coins don’t last too long before they’re dumped and forgotten. Even the successful tokens might last a few weeks after the big run up and then it’s just people hanging on hoping for another pump that never comes. I’ve been there, I’m sure we all have tbh.

What I look for is a few things… First off, it’s gotta be fresh, new and trending. Shiba? Cmon man. Hell no. It’s just sad to see people chase the old glory days of the past.

The newer the better for a few reasons. Firstly, the excitement on something new can send buyers rushing in faster than you might think. Something old and well known just will never get that level of excitement.

But also newer is better because it usually means the mega whales haven’t caught on just yet. I look for tokens under $40M market cap. I’ll invest above that but no one’s getting mega rich off a token that’s above $40M already.

Another thing to get right is which chain to be on. Solana is all I’m interested right now because that’s where the money is flowing this season for whatever reason. If you’re buying bsc or Eth memes you’re wasting your time.

Two more CRUCIAL things to get right…. the actual meme has to be relatable, funny, and have opportunity to be creative with it. Is your meme coin called green wizard??? Wtf is that? No one’s laughing, it’s not relatable and little opportunity to get creative with it.

The community must be autistic on a level that can seem scary at times. If the community isn’t working like crazy then the token won’t make it. Too many others have people working around the clock to push out fresh memes and to get the word around.

My two picks at the moment are CHEESE on Solana and I’m in BONK as my hedge. Bonk market cap is way too high but it has room to at least triple from here. Cheese I’m looking for a 20x from current levels putting it above 100m market cap.