MEME Trading: From Hundredfold Returns to the Path of Addiction

In the cryptocurrency industry, MEME coin trading has become an intriguing emerging field. An investor who previously worked in the traditional finance sector shared his experiences and insights into entering the world of MEME trading.

This investor worked in traditional finance, including investment banking and buy-side institutions, before entering the cryptocurrency industry. From 2020 to 2021, he officially entered the cryptocurrency sector, mainly responsible for managing secondary market positions for assets such as Bitcoin.

His interest in MEME trading stemmed from an incredible trading experience. During a hype surrounding a certain celebrity's signature, he purchased a MEME coin related to the signature of the Ethereum founder. Just five minutes later, the market value of this coin skyrocketed to the million-dollar level, turning his few hundred dollars investment into tens of thousands of dollars in an instant. This experience sparked a strong interest in MEME trading, and he began to devote a lot of time to researching and trading MEME coins.

In MEME trading, he pays special attention to "strong庄盘". He believes that compared to the pure PvP (player versus player) model, MEME projects with a market maker tend to be more interesting, as they actively promote project development, including accumulation, washing, and pumping operations, which provide retail investors with more profit opportunities.

He shared the method for judging the market makers, mainly by observing the trading behaviors of wallets, especially the frequent buying and selling operations within a short period. He also described in detail the typical process of market makers operating MEME on the Solana chain, including the early covert accumulation of chips, the mid-term phased price increase, and the later search for listing on exchanges.

Regarding how to participate in strong庄盘 trading, he proposed two strategies: first, buy after the first wave of rise ends and before the second wave begins; second, decisively chase the high after the second wave starts. He emphasized that true strong庄盘 often does not give retail investors too many opportunities for pullbacks during the second wave of rise.

This investor also compares MEME trading to short videos, believing that both meet certain basic needs of young people. MEME trading satisfies people's desire for quick wealth, just as short videos meet people's need for fast entertainment.

Regarding the future of the MEME market, he believes it will be a long-term phenomenon. He predicts that stronger MEME coins than SHIB may emerge in the future, and this "new king" is likely already present in the current market. He is particularly optimistic about projects like DOGE, PEPE, WIF, and POPCAT.

Finally, he emphasized the importance of paying attention to quality information sources and listed some overseas and Chinese opinion leaders worth following. He reminded investors to comprehensively evaluate these information sources, as their reliability may change over time.

Overall, while MEME trading is full of opportunities, it also requires caution. Investors should find a trading method and entry timing that suits them based on their capabilities and risk tolerance.