[MEMECOINS] Looking for the Next Great 1000x
[MEMECOINS] Looking for the Next Great 1000x
I’ve seen a couple or so newbie accounts asking for a ‘criteria’ on how to choose an altcoin that would have the greatest potential to be a 1000x coin.
I’m gonna throw around some ideas but as all of you already know, this is in no way financial advice. This is just all for the lulz and it would be cool if you guys throw your own ideas in the mix too… So here goes.
Criteria to find the next 1000x coin:
It must not be listed in any of the major exchanges. This is not a hard rule but I noticed that 1000x coins are mostly unknown.
It must have a dog logo. What can I say, memecoins seem to go up by a lot more than the rest of the market.
Be mindful of market cap. The lower, the better. If a coin’s market cap is 100m, 1000x would be 100b. Lol. It would take a lot of money to pump it that high. But if the market cap is just 1 million, 1000x would be 1 billion. It’s much more possible it could happen imho.
That’s it for now.
There are few project with a limited market cap and yet they never experience a 1000x profit so I guess this will still depend on the project and its hype because no matter how limited your supply is if there’s no investors for that project it will still be useless. Many newbies wants to get easy money right away which Is understand why, and in this bear market I can safely say that its impossible to happen, better wait for the next bull market.
Even a veteran will have a difficult time to know that criteria. That dog logo might just be a hint but it’s hard to just associate it because of Elon’s presence but yeah meme coins can even get more than that but it’s too risky to take. The difficult was on trying to find that meme coin that will be supported by the community.