💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
Where is the next '100x Meme coin'? 'Choose coin mastery' grand giveaway
Original: Lawrence, Mars Finance
In recent times, the phenomenon of big pump in Meme coins has surprised many investors. Especially ACT and PNUT, these two Meme coins have pumped hundreds of times after being listed on the coin security, making many investors wealthy overnight.
The performance of MEME coin always seems to achieve crazy gains in the extreme market sentiment and speculative frenzy. So, how to seize the next explosive opportunity in this market of fluctuation and achieve similar returns of hundreds or even thousands of times? This article will take you through an in-depth analysis of how to explore the next explosive MEME coin by using factors such as the listing dynamics of coins, market sentiment, and community platform popularity.
The market driving factors behind MEME: Liquidity, community media heat, and monetary policy
The phenomenon of Meme coin's big pump is not entirely a random Fluctuation in the market. They often quickly ferment in specific market conditions and social emotions, thereby attracting capital inflows. We can understand the growth mechanism of Meme coin from the following aspects.
The macro impact of monetary policy
The global loose monetary policy, especially the massive coin stimulus by Central Banks around the world after the pandemic, has led to an increase in Liquidity in the market. In this situation, investors with higher risk appetite started to look for more potential high-risk assets, and Meme coin, with its low price, low barrier to get on board, and potential high return, has become a key area for capital inflows.
In the latest article on coin安, the official detailed the reasons for the big pump of Meme coin. In short, the influx of market funds is the key factor driving the rise of Meme coin.
The increase in Money Supply has not only promoted the growth of traditional assets, but also made risk assets, especially Meme coin, another option for capital to seek high returns. A large amount of funds flowing into the Meme coin market has not only pushed up their short-term prices (big pump), but also further intensified the speculative atmosphere in the market.
The rise of MEME coin is not only driven by market funds, but also relies on the widespread participation of retail investors and social media. One core feature of MEME coin is its 'sociality,' which often generates extensive discussions on social platforms, especially on Twitter, Reddit, and other platforms, where the project's discussion heat and user emotions can directly influence the short-term price fluctuation of the coin.
ACT's key advocate KOL
For example, $ACT and $PNUT experienced a big pump after being listed on the coin, largely driven by the discussion frenzy on social media KOLs. Since these projects do not have fundamental advantages in the traditional sense, their prices are largely determined by market sentiment and short-term capital. Therefore, the price fluctuation of Meme coins is highly dependent on market sentiment, and investors need to keep up with the market dynamics and closely follow the trend changes on community platforms.
Unlike traditional mature assets, Meme coins generally have a lower market capitalization, which leads to extreme price volatility in the short term. Assets with low market capitalization are more likely to attract capital, and once a large amount of funds flow in, they can achieve a big pump in price in the short term. However, this kind of big pump is usually accompanied by rapid outflow of funds, leading to the high instability of Meme coins. Therefore, despite the astonishing price surges of Meme coins, they also face extremely high risks.
The impact of Gate.io's listing: The logic from announcement to big pump
As one of the world's largest Cryptocurrency exchanges, the listing of MEME coin on Gate.io should not be underestimated. The listing on Gate.io is not only an endorsement of the project, but also a market validation of the project's potential. Whenever Gate.io announces the upcoming listing of a project, it often triggers a frenzy in the market, quickly increasing investor attention and buying enthusiasm. Specifically, the impact of Gate.io can be analyzed from the following aspects:
According to the announcement of Coin An, after the listing of the two Meme coins, ACT and PNUT, their prices big pumped 42 times and 20 times respectively. This kind of big pump phenomenon not only reflects the market's recognition of the Liquidity and fund security of Coin An platform, but also means that the exposure of Coin An has a profound impact on Meme coins. The Liquidity, trading pairs, and global user base of Coin An enable the listed coins to quickly attract a large amount of capital inflow, thereby driving their prices to rise rapidly.
The listing of coin安 not only increased the market Liquidity of MEME coin, but also promoted the growth of its volume. Taking $HIPPO as an example, the coin big pumped 4 times within 5 minutes after being listed on coin安, significantly exceeding investors' expectations. The listing on coin安 platform provides a strong channel for capital inflow for these projects, and the platform's large user base ensures the continuous follow and investment enthusiasm for the projects.
How to Choose Potential Meme Coins: Screening Criteria and Tools
To mine the potential MEME coin, first follow the active coin varieties on Decentralizationexchange (DEX) at present.
Through tools like @dexscreener, investors can see the currencies with the largest increase in the past 24 hours and higher volume. Through the initial screening of these currencies, potential investment opportunities can be discovered. Specific screening criteria include:
Market Cap is greater than $15 million
24-hour volume is greater than $5 million.
Liquidity is greater than 300,000 US dollars
Listed for more than 3 days
Token with a market capitalization of less than 5 million dollars is relatively unsafe for the long-term prospects of MEME coin, and the risk is very high.
For each potential project, investors can use tools such as @ToxiSolanaBot for further screening.
This tool can help analyze the contract Address, market sentiment, and historical performance of the project, providing investors with more comprehensive data support. When using this tool, investors need to pay attention to:
Select the contract Address for analysis;
Choose the correct purchase amount and check the Liquidity of the item and the activity of the market.
Through these analytical tools, investors can better assess whether a project has the potential to explode.
Investors can also verify the potential of a project through social media platforms. On Twitter, the discussion heat of a project often directly reflects the level of follow from the market. By viewing the project's official account and related discussions, investors can obtain real-time feedback about the project. At the same time, platforms like @TweetScout_io can analyze the project's fan base and market influence to help determine its potential.
Avoid risks and ensure stable investment
Despite the big pump of MEME coin being tempting, its high risk cannot be ignored. Investors should reasonably diversify their investments and avoid concentrating all their funds in one project before investing. In addition to Technical Analysis and community platform analysis, investors also need to closely monitor market dynamics, especially external factors such as policy changes, platform announcements, etc., that may affect the price of MEME coin.
It is recommended that investors diversify their assets and avoid concentrating all their funds in a single asset, especially projects with lower market capitalization and insufficient liquidity. You can choose a diversified investment portfolio, including some mature projects and some potential stocks. By allocating funds reasonably, you can achieve higher returns while ensuring security.
The volatility of the Meme coin market is very high, and investors need to constantly track market dynamics, especially announcements from major exchanges, policy changes, and other information. Listings announcements on exchanges like Gate.io and the project's performance on social media can have a significant impact on prices. Maintaining sensitivity to the market and adjusting investment strategies in a timely manner is the key to success.
Summary: Grasp the trend, seize the opportunity
As a high-risk, high-return investment vehicles, MEME coins undoubtedly bring huge opportunities to investors with the potential for big pump. However, to seize the next project with a hundredfold return, investors must fully utilize the Liquidity of the market, the heat of community platforms, and the listing dynamics of exchanges such as Binance. Through scientific screening methods, Technical Analysis, and analysis of community media heat, investors can increase the probability of discovering potential projects, thus standing invincible in this market full of variables.
But just like all high-risk investments, the speculative nature of Meme coin also comes with tremendous risks. Investors should ensure reasonable risk control and asset allocation while pursuing high returns, to avoid significant losses due to excessive market Fluctuation.
(The above content is excerpted and reproduced with authorization from the partner MarsBit, original link )
Statement: The article only represents the author's personal views and does not represent the objective perspective and position of Block. All content and views are for reference only and do not constitute investment advice. Investors should make their own decisions and trades, and the author and Block will not bear any responsibility for the direct or indirect losses incurred by investors in their transactions.
"Where is the next '100x Meme coin'? 'Mastering Coin Selection' is released in this article first on 'Blocklike'.