Memecoin Frenzy: Get Rich or Die Tryin’

Memecoins are the hottest sector in crypto where you have the highest chance of making life-changing money—but 97% of them are already dead!

There is one key element that contributed to the success of the remaining 3% of memecoins. Since 2021, we have been actively trading memecoins, acquiring extensive knowledge and insight into this market.

Let’s dive in.

So why is there such a hype around memecoins?

The hype is justified. People come to financial markets with only one goal – to make money.

Memcoins are the only tool that gives the opportunity to earn big and fast! The memecoin segment is where you have the highest chance of making life- changing money.

No, we are not making it up. Winning the lottery can change your life, but the probability of winning a significant lottery prize is approximately 1 in 300 million. However, the chances of realising substantial gains from memecoins, though still a long shot, are estimated to be around 1 in 700, and the initial investment needed to make it happen is ridiculously low.

If you will make life-changing money from crypto with minimal investments today, it won’t be BTC or other fundamental coins. The time to make life- changing money from BTC and altcoins with minimal investments was ten years ago. It’s time for memecoins.

Who is interested in all these blockchain technologies, incomprehensible L1/ L2 solutions, sharding, different bridges!? But the picture with animals is interesting and simple. Nevertheless, due to its inherent volatility, memecoin is best suited for investors seeking high-risk, high-reward opportunities. Memecoins’ extra-high volatility – even in a market that is considered generally very volatile – is a consequence of the current high virality in this niche. Speculation-first, tech-second. People don’t need Tech, or even a promise of future dividends to purchase a Crypto coin. All they need is to like it. And see people talking about it.

With a market capitalization of $60 billion and a weekly trading volume of $100 billion, memecoins command significant attention from all cryptocurrency users. Despite ongoing criticism within the industry, there are strategic ways to leverage memecoins from a community perspective.

However, as the popularity of memecoins has surged, their number has also increased dramatically, which has become a big problem.

The explosion of shitcoins

Roughly between September 2023 and March 2024, the playbook for profitable memecoin investing was relatively straightforward.

1. Look for a memecoin related to a popular or potentially popular meme
2. Double-check that it passes the rug test with the renounced ownershipcontract, liquidity locked, etc.
3. Buy the coin and actively work towards building a thriving communityaround the meme.

The arrival of token launch services such as Pump dot fun, which makes it easier to launch memecoins, seems to have turned that playbook obsolete. You could do all the right things in the playbook, and your memes still never take off because hundreds of copycat memes are springing up every day to suck off liquidity from your coin.

The reason is that these token launch platforms allow users to easily create and launch memecoins with minimal effort. Memecoins can be launched fairly on pump dot fun, without pre-sales and team allocations. Virtually anyone can mint a new token with little more than a rudimentary understanding of blockchain technology and a few bucks.

Pump dot fun found a great product-market fit in the current market environment, often generating more fees than Solana and Ethereum blockchains.

A total of 2.7 million tokens have been deployed through pump dot fun, but the “graduation rate” is only 1.4%

According to the Dune dashboard data, the number of tokens deployed on the pump dot fun platform is close to 2.7 million. Despite the current market volatility and the significant decline in the popularity of memecoins, token deployment activities on the pump dot fun platform have not decreased, but continued.

Community is the best utility

After analysing over 2.7 million memecoins, we came to the conclusion that the key element that contributed to the success of memecoins is – the community. The community behind a memecoin is the most important characteristic of success. Without a group of people talking about the coin, hyping it on social media, and believing that it will continue to increase in price, the coin has no way of accruing value. Many projects will try to fake a community using bots, duplicate accounts, and other malicious methods. This becomes abundantly clear when the project has tens of thousands of X (Twitter) mentions, but very little activity on-chain and/or a lot of selling pressure. To build an organic community, many people must have the opportunity to buy the token when it is cheap enough for them to think it has the potential to grow much bigger.

Consequently, the initial release of the token is one of the most critical moments, as this can decide whether or not the token will be concentrated in the hands of a few or distributed among many.

Flight to quality

Rather than a multitude of shitcoins flooding the market from platforms such as Pump dot fun, we are introducing a platform where only the strongest one will survive and be listed to the Raydium.

Before big launch to the Raydium we need to battle test the community. At the end of the day you’re actually not investing in memes you’re investing in people, you’re investing in group of people. Memecoins aren’t primarily about Memes:

20% about the Meme (pic)
80% about the People (community)

So MemecoinFrenzy dot com is the place where memecoin communities fight for survival. It’s like the famous children’s game called Musical Chairs. When the music stops, everyone must immediately sit in a chair. The one person left standing it out. Remove another chair and continue until only one person is left.

So, only “the ONE” battle-tested, real midcap memecoin will be kicked off! The rest will never survive the Memecoin Frenzy…

“The one” or “Deep value” is in the midcaps. The midcaps is like where you’re going to get the most optimal risk-reward. The best returns is going to be with things that are evolving from a small cap to a large cap through a battle test pathway to critical mass.

Conclusion

Memecoins are here to stay. There is no VC funds behind them. All the emission is in the market. They are like street gangs. Real and no falsehood. They are against the authorities and live by their own laws. They gather in communities and fight for survival. And the strongest always survives.