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Why Memecoins Have Been 2024's Most Profitable Crypto Trade: Ansem and Kelxyz - Ep. 641
Unchained
Determining the Potential of Meme Coins
The scope and intensity of the appeal of a meme coin determine how far it can go. If a meme coin is only appealing to a small subset of people on crypto Twitter, its upside potential is limited by the amount of money that those individuals are willing to invest in it. This could result in the meme coin reaching a cap of 10 million, 50 million, or 100 million.
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