Most ppl clearly missed $GOAT as a main runner, which is totally understandable.
If they couldn’t get themselves to buy a significant chunk of $GOAT at a higher valuation, then they naturally chase beta plays.
And here there are plenty, telegram chats are full of new tickers. But all of these play out the same way – some ppl catch them early, they get shilled, have a mega pump, early buyers take profits and most of these just fizzle out and become irrelevant…
Unless they have staying power – which can happen for several reasons (eg good narrative, supply control, good marketing etc)
If you look at today’s situation, memecoins seem to hit a wall at around 20M market cap and they are now tradable on Bitget with over 5 million Tx in the last 24 hours.
What you want to focus on is the tokens that break that resistance; or before they do, the ones that clearly
show higher lows being put in and buy-side demand coming through (with clear reasons)
Right now, $GOAT is the meta creator and clear leader. You want to own that. how many of these beta plays
pumped to 10-20M, dumped, and then never recovered?
submitted by /u/flashamazin
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