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99% are shit, invest in some more etablished coins (more than a week old) they will moon enough and you don‘t loose your money. GME HARAMBE DUKO HONK USEDCAR SOLAMA WYNN HAT to name a few they look bullish af long term
Don't forget to check on other coins too. Lemme shill you some of my holding: HARAMBE, BORK, USEDCAR, WYNN.
It’s both, investors go for good bluechips for longer term and also memecoins for the possible gains. FetchAI and JasmyCoin are top IoT Company’s (with AI), both have solid use and went up a lot yesterday. Memecoins that ran yesterday where Pepe (ETH I think) and on SOL it was WIF, HARAMBE, WYNN, USEDCAR, GME. Bullrun and Alt Season aren’t even here i.m.O.
Pumps I saw on my watchlist today as bitcoin pumped where WYNN, WIF, HARAMBE. HONK, DUKO, PONKE gained a bit.
It *can* be. When SOL was booming I was doing LP for a bunch of stuff. Got around 4 ETH worth of profit. About 2 weeks ago I closed off all of my positions and camped them into stablecoins/eth. This was when WIF was at $0.40+. I figured that the meme train had run its course and there would be some sad days coming. For once, my call was pretty much on the ball. Here's what I would've had in my positions if I kept them LP farming: - WIF -59% - CHONKY -70% - USEDCAR -75% - WYNN -85% - MYRO -75% - POPCAT -75% - SILLY -50% And many, many more. Basically, you catch the latest trends and farm them while they're popular. Yes, you CAN make more if you catch a trend, buy it, and sell it at the top, but very few people including myself are actually profitable traders. With LP, you're hedging your bets and hoping for a few things: - Trading volumes are high - Your share in the liquidity pool is large - Fees are high - The price either stays the same or goes up There are problems too. You end up watching like a hawk. Rugpulls are very common, so the recent fad of the day might be a rugpull. You have to analyze communities, see if the community is solid, see if there are more holders than the usual few thousand rugpullers assemble to kill tokens after a big rise. (There are hundreds of these) - That metric doesn't always save you either, there are things like [this one](https://birdeye.so/token/BjBzvw6VX7UJtrC7BaYLG1dHBiwrXP1T9j2YfDEdP4zU?chain=solana) which started off, got listed on a big exchange, got 8,000 holders, then immediately crashed. It's stressful. I doubt I'd recommend it unless you are literally going to watch it 24/7 and pay attention to every single minute detail.
Anita max $WYNN DRAKE + STAKE SPONSORED