How to make 100x off Memecoins step-by-step

Dapp University
28 Mar 202417:30

Summary

TLDRThis video script details the high-risk, high-reward world of meme coins in the cryptocurrency market. The speaker, a blockchain developer, shares personal experiences and strategies for identifying potentially lucrative meme coins, emphasizing the importance of early investment, risk spreading, building a project thesis, and planning exits. Tools like Dex screener and community engagement indicators are highlighted for due diligence. The script serves as both an educational guide and a cautionary tale, reminding viewers of the volatile nature of meme coins and the need for a well-thought-out investment approach.

Takeaways

  • πŸš€ Investing in cryptocurrency, especially meme coins, can potentially yield massive returns, but it's also highly speculative and risky.
  • πŸ“ˆ The speaker emphasizes the importance of getting into meme coins early for the best chance at high returns, highlighting examples of coins that increased significantly in value shortly after launch.
  • πŸ’‘ Meme coins are considered a 'hot' sector in the crypto market, with some individuals making substantial profits from them, despite the overall high risk involved.
  • πŸ›  The speaker is a blockchain developer and shares personal experiences and strategies for investing in meme coins, stressing that this information is not financial advice.
  • πŸ” To find meme coins with high potential, one should use tools like Dex screener and connect to decentralized exchanges to identify new and trending coins.
  • 🌐 The activity of meme coins is primarily happening on blockchains like Solana, Ethereum, and Ethereum's layer 2 blockchains, with a tendency for rotation between different chains.
  • πŸ“± Setting up a wallet like Metamask or Phantom is crucial for trading on decentralized exchanges and participating in the meme coin trend.
  • πŸ“‰ The speaker warns about the prevalence of scams and 'rug pulls' in the meme coin space, advising the use of security checkers and community research to mitigate risks.
  • 🎯 Spreading risk across multiple meme coin investments is recommended, treating each investment like a lottery ticket with the potential for high rewards or losses.
  • πŸ“ Building a thesis for each meme coin investment involves understanding the community, team, and potential for attention and price momentum that could drive the coin's value.
  • ⏰ Planning an exit strategy is essential, with the speaker suggesting setting price targets based on market cap milestones to determine when to sell and secure profits.

Q & A

  • What is the potential profit from investing in a cryptocurrency that goes up 100x?

    -If you invest $100 in a cryptocurrency that increases 100 times in value, your profit would be $9,900, resulting in a total of $10,000. If you invest $1,000, the profit would be $99,000, totaling $100,000.

  • What is the current hot sector in the cryptocurrency market mentioned in the script?

    -Meme coins are the current hot sector in the cryptocurrency market, with the potential to create millionaires overnight.

  • How much profit did the trader mentioned in the script make with an initial investment of $510?

    -The trader made a profit of $83,490 with an initial investment of $510, which is over a 150x return.

  • What is the speaker's profession and how does it relate to the topic of the video?

    -The speaker is a blockchain developer who works with this technology daily. This profession gives him insight into the crypto space and the ability to provide advice on investing in meme coins.

  • What is the importance of being early when investing in meme coins?

    -Being early in investing in meme coins is critical for making significant returns because the most substantial gains are often made by buying into new projects within days or hours of their launch.

  • What are some tools recommended in the script for finding new meme coin projects?

    -Dex Screener, Dex Tools, and Bird Eye are recommended tools for finding new meme coin projects. They allow you to filter by blockchain, look at newly launched coins, and track trending coins.

  • Why is it recommended to use decentralized exchanges when investing in meme coins?

    -Decentralized exchanges are recommended because most of the meme coin activity is happening on-chain, and centralized exchanges often list coins after they've already gained significant value.

  • What are the three major blockchains mentioned in the script for meme coin activity?

    -The three major blockchains mentioned for meme coin activity are Solana, Ethereum, and the Ethereum layer 2 base blockchain.

  • What does the speaker suggest as a strategy to avoid losing money in potential scams or rug pulls?

    -To avoid losing money in scams or rug pulls, the speaker suggests using security checkers like Rug Check .xyz, searching contract addresses on Twitter, and joining Telegram or Discord groups to gauge the legitimacy of a project.

  • How does the speaker recommend spreading risk when investing in meme coins?

    -The speaker recommends spreading risk by allocating a certain amount of capital and investing equal amounts into multiple new projects that show potential, treating each investment as a lottery ticket with the possibility of high returns or complete loss.

  • What is the significance of having a thesis when investing in meme coins?

    -Having a thesis is significant because it provides a rationale for why a meme coin might be successful. It includes considering factors like community support, team behind the project, and potential for price momentum, which can influence the coin's future value.

  • How does the speaker suggest determining exit points for meme coin investments?

    -The speaker suggests setting price targets or exit numbers based on market cap milestones such as $10 million, $50 million, $100 million, $1 billion, and $10 billion. These targets should be part of the investment thesis and are based on the coin's potential to achieve and maintain these valuations.

Outlines

00:00

πŸš€ The Potential of Meme Coins in Cryptocurrency

The video script introduces the high-reward potential of investing in meme coins, a popular sector in the cryptocurrency market. It presents hypothetical scenarios where small investments in a new cryptocurrency can yield massive profits due to the coins' exponential growth. The speaker, Gregory, a blockchain developer, shares his firsthand experience with meme coins that have grown substantially in value. He emphasizes the importance of understanding the crypto market and the risks involved, noting that while the opportunity is lucrative, it is also volatile and speculative. Gregory invites viewers to follow his channel for insights on blockchain technology and how to become a blockchain master.

05:01

πŸ” Navigating the Meme Coin Market and Strategies for Success

This paragraph delves into the reasons behind the popularity of meme coins, highlighting their role in financial speculation and the straightforward nature of their value proposition. Gregory discusses the importance of dropping pretenses and focusing on the potential of these coins to drive the crypto market forward. He outlines a strategy for identifying meme coins with high growth potential, emphasizing the need to use decentralized exchanges and tools like Dex screener to find new and trending coins across various blockchains. The speaker also warns about the prevalence of scams in the market and the importance of due diligence before investing.

10:01

πŸ“ˆ Key Principles for Investing in Meme Coins

Gregory outlines his personal strategy for investing in meme coins, which includes four key principles: being early, spreading risk, building a thesis, and planning an exit. He stresses the importance of getting in on new projects as soon as they launch to maximize returns and the need to diversify investments to mitigate risk. Gregory also discusses the importance of having a clear rationale for choosing a meme coin and setting exit targets based on market cap milestones. He provides examples of successful meme coins and how they have performed, reiterating that while the potential for profit is high, so are the risks.

15:02

πŸ’‘ Building a Thesis and Planning Exits for Meme Coin Investments

In this section, Gregory explains the importance of building a thesis for meme coin investments, which involves creating a narrative around why a particular coin could be successful. He discusses the factors that can contribute to a meme coin's growth, such as community support, team involvement, and price momentum. The speaker also emphasizes the need for planning exits strategically, using market cap targets to determine when to sell for maximum profit. He provides an example of a meme coin called 'whiff' to illustrate how a thesis can be developed and how to set price targets for exiting an investment.

🌟 The Future of Meme Coins and Becoming a Blockchain Developer

The final paragraph discusses the future of meme coins and the potential for continued growth if the crypto market remains bullish. Gregory reiterates that the information provided is not financial advice and that investing in meme coins is inherently risky. He encourages viewers to share their thoughts on meme coins they are holding or ones that he should watch. Gregory also promotes his blockchain development course, suggesting that becoming a blockchain developer is a way to make long-term and life-changing money in the crypto space.

Mindmap

Keywords

πŸ’‘Cryptocurrency

Cryptocurrency refers to digital or virtual currencies that use cryptography for security and operate independently of a central bank. In the video's context, it discusses how investments in new cryptocurrencies, specifically meme coins, can potentially yield high returns, emphasizing the speculative nature of these digital assets.

πŸ’‘Meme Coins

Meme Coins are a type of cryptocurrency that originated as a joke or for fun, often associated with internet memes or trends. The script highlights the recent surge in meme coins' value, with some investors making significant profits, and discusses strategies for identifying and investing in meme coins with high growth potential.

πŸ’‘Decentralized Exchanges (DEX)

Decentralized Exchanges are platforms that allow peer-to-peer cryptocurrency trading without a central authority. The video emphasizes the importance of using DEXs to get in early on new meme coin investments, as centralized exchanges may list coins only after their value has already increased.

πŸ’‘Blockchain Developer

A blockchain developer is a professional who creates applications and systems using blockchain technology. The video suggests that becoming a blockchain developer can offer significant earning potential and the ability to create bots for trading and other financial operations within the crypto space.

πŸ’‘Financial Speculation

Financial speculation is the act of investing with the hope of making a profit from price changes, often involving high risk. The script mentions that one of the biggest use cases for cryptocurrencies currently is financial speculation, with meme coins being a prime example.

πŸ’‘Pretense of Value

The term 'pretense of value' in the script refers to the perceived value that some cryptocurrencies claim to have, which may not be backed by substantial utility or technology. Meme coins, in contrast, are unapologetic about being primarily for fun and speculation, without pretending to have a value beyond that.

πŸ’‘Community of Holders

A community of holders refers to a group of people who own and support a particular cryptocurrency. The video mentions that a strong community is crucial for the success of a meme coin, as it can drive attention and support for the project.

πŸ’‘Price Momentum

Price momentum in the context of trading refers to the rate at which the price of an asset is changing over time. The script explains that price momentum can create a 'snowball effect' for meme coins, where increasing attention and trading volume can lead to significant price increases.

πŸ’‘Rug Pulls

A rug pull is a type of scam in the cryptocurrency world where developers abandon a project after raising funds, causing the value to plummet to zero. The video warns about the risk of rug pulls and suggests using security checkers and community discussions to avoid investing in potential scam projects.

πŸ’‘Thesis

In the context of the video, a thesis refers to a set of reasons or arguments that support the potential success of a meme coin. The script advises building a thesis for each meme coin investment to understand why it might succeed and to set expectations for its future value.

πŸ’‘Exit Strategy

An exit strategy in investing is a plan for selling an asset to realize gains or limit losses. The video emphasizes the importance of having an exit strategy when investing in meme coins, suggesting setting price targets based on market cap to determine when to sell for profit.

Highlights

Investing in a new cryptocurrency that surges 100x can yield a $10,000 profit from an initial $100 investment.

Meme coins are currently one of the hottest sectors in crypto, creating millionaires overnight.

A trader turned $510 into $84,000 with a 150x return on a meme coin investment.

The presenter, Gregory, is a blockchain developer who shares his experience in crypto cycles and meme coin investments.

Meme coins are considered a high-risk investment with the potential for significant returns or complete loss.

Meme coins are popular because they are unapologetically for fun and speculation, without the pretense of value.

A small percentage of meme coins are pushing crypto technology forward, and identifying these can be profitable.

To invest in meme coins, one should use decentralized exchanges and wallets like MetaMask or Phantom.

Meme coin activity is primarily on Solana, Ethereum, and the Ethereum layer 2 base blockchain.

Dex screener is a tool for finding new meme coins on decentralized exchanges across various blockchains.

To find coins with 100x potential, one must be early, spread risk, build a thesis, and plan an exit strategy.

Being early to a new meme coin project can result in massive gains, as seen with coins like Whiff and Popcat.

Spreading risk across multiple meme coin projects can mitigate losses from unsuccessful investments.

Building a thesis around a meme coin involves considering community, team, and price momentum.

Planning an exit strategy is crucial to secure profits and avoid holding onto a coin that may crash.

Market cap milestones like $10 million, $100 million, and $1 billion are used to set price targets for exits.

Becoming a blockchain developer can provide long-term earning potential and opportunities in the crypto space.

Transcripts

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imagine you put $100 into a brand new

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cryptocurrency and it went up a 100x

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that'd be a $10,000 profit or what if

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you put it in $1,000 that'd be $100,000

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or what if it went up a THX that would

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be a

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million well that's happening all the

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time right now with meme coins okay so

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wait what yes you heard that right mem

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coins is one of the hottest sectors in

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crypto right now that's literally

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printing millionaires overnight like

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this Trader who just put in $510 and got

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a whopping

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$84,000 profit that's over 150x guys I

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know this might sound absolutely crazy

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but it's 100% legit I've personally got

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into multiple meme coins that have gone

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anywhere between 10 and 1,000x and this

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video I want to break down exactly how I

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do that step by step I'm going to tell

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you everything you need to know this

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video today as a blockchain developer

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myself who works this technology on a

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daily basis who's been through multiple

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crypto Cycles has seen things crazy like

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this blow up out of nowhere so if you're

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you're around here hey I'm Gregory and

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on this channel I turn you into a

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blockchain master so if that's something

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that you're interested in then smash

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that like button down below for the

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YouTube algorithm And subscribe and

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while there's a lot of good money to be

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made in meme coins right now you know

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this opportunity is not going to last

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forever this bubble's going to pop at

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some point and the absolute best way to

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make life-changing money in the crypto

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space is to become a blockchain

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developer so that you can increase your

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earning potential you know create your

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own Bots that you can do like Arbitrage

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snife meme coins and so much more and I

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can try to do that stepbystep to start

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to finish over adaptive university.com

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booot

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Camp all right so let's get into this

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let's talk about how to get insane

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returns off of meme coins now obviously

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nothing I'm saying this video is to D be

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Financial advice I'm not a financial

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advisor I'm not telling you to buy or

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sell any cryptocurrency Bas lens

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information nor am I encouraging you to

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dump all of your hard-earned money into

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meme coins I want to stress you know

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this is a risky Endeavor you can lose

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all your money and 99% of meme coins are

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going to zero so that being said let's

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start off with the basics let's talk

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about why meme coins are a thing anyway

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like seriously we have all this

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game-changing technology with blockchain

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and now everybody's focused on memecoins

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so here's why I think that memecoins are

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a hot thing for the 2024 crypto cycle so

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here's Point number one you know one of

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the biggest use cases for crypto right

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now is financial speculation and sure

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you can call it gambling if you want to

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but as you'll see this video there's

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actually some skill involved when you're

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talking about picking winning meme

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projects a person can actually get an

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edge in this space and do better than

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random like just throwing their money

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onto a roulette wheel or just pulling a

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lever on a slot machine and memes are

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the perfect medium for doing this

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because there's no pretense of value and

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that's what puts me to my second point

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and that's dropping the pretense while

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I'm a huge believer in the potential for

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blockchain technology there's a lot of

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really bad project out there that

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masquerade is like the next hot thing

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that's going to do something with

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blockchain that doesn't really have any

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value many of them just pretend to be

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something they're not and meme coins

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bypass all the BS and are

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unapologetically there for you know what

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they say they're going to be you know

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fun and speculation and that also brings

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me to point number three you know with

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that being said 99% of memes are also

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garbage but a tiny percentage are

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actually pushing crypto forward and it's

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your job to figure out which ones might

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do this this is just like icos or

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initial coin offerings in 2017 many were

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garbage and scams but they actually

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brought out a lot of really useful

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projects that are innovating in crypto

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just like a chain link and so much more

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all right so now let's actually talk

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about how to find mem coins with 100x

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potential so the first thing you have to

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understand is the mem coin trend is

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really happening on chain so what does

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that mean well if you're trying to get

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in on a meme coin on a centralized

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exchange like you know binance or

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coinbase or something like that it's

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like way too late okay you've missed a

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lot of The Upside you have to go to

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directly to decentralize exchanges in

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order to do this so if you don't have a

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wallet like metamask installed or you

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know Phantom then that's your first step

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you need to get a wallet set up and

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actually put some cryptocurrency in the

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wallet so you can make buys and sells on

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decentralized exchanges like swap or

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radium or any of the major decentralized

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exchanges on the chain that you're

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speculating on and so which blockchain

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should you be looking at whenever you

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got your wallet set up well a majority

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of the meme coin activity right now is

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happening on three major chains that's

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salana ethereum and the ethereum layer 2

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base blockchain at the time recording

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this video now that being said there's

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always this rotation game happening in

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Chains where people kind of jump from

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one chain to another to catch the trends

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and that's why you want to have a wallet

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set up and be able to bridge between

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these chains to capitalize on those

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opportunities whenever they arise okay

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okay so once you got the wallet set up

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and you know how to look for different

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blockchains how do you actually find new

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projects well I'm going to give you

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several different tools that you can use

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which I'll reference later in this video

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so number one for sure is Dex screener

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so what is this well it's an app that

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looks at all the decentralized exchanges

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out there on most of the different

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blockchains that have you know

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significant trading activity and you can

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find pretty much any coin just from the

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second it's launched all the way to the

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ones that are really hot and trending

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that might even be listed on major

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exchanges already you can filter by

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blockchain you can look at new coins

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that have just launched you know within

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the matter of seconds which I'll show

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you how to do in a minute you can also

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use a website like Dex tools which

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basically does the same thing with a few

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different features and you can also look

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up bird eye okay which is another

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website that will show you uh trending

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coins it'll show you new listings you'll

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find profitable Traders but you can

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track their trades and also have their

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gemf finder all right so once you've got

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your wallet you know how to connect

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different chains uh you can make trades

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you can actually find new coins how do

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you actually find that 100x potential

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well there's numerous strategies on how

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you can do this but I'm going to tell

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you just how I personally do it again

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this is not Financial advice but this is

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just what I do I'm going to break this

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down into four major points okay number

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one is be early number two is spread

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your risk number three is build a thesis

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and number four is plan your exit I'll

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go through each of those step by step

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all right so Point number one is

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definitely to be early all right that

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sounds pretty obvious but that's really

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critical for making insane returns off

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of meme coins because some of the most

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absolute insane gains are made off of

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meme coins by buying new projects days

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or even hours after they're launched you

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know for example whiff is one of the

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hottest meme coins of 2024 launched back

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at the end of November and if you bought

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this on launch Day within the first week

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and ridden up to current valuations I

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mean you can just see what the pric is

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done it would have gone from a $200,000

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market cap roughly to a roughly $2

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billion market cap which is a 10,000x

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meaning that if you put in $100 in the

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first week it'd be worth over a million

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dollar now similar story with popcat

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okay if you got it on popcat during the

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first few days you would have turned

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$100 into over $100,000 and if the coin

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continues to run to a billion dollar

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market cap then it could be a million

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dollars in profit now I'm just using

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these coins as case studies I'm not

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suggesting that you buy these coins or

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even sell them if you have them again

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none of this is not Financial advice or

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any specific coins but that's what's

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possible in the mem coin space all right

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so the key definitely is to get in early

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on these projects like I'm showing you

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so how do you do that well you can use

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tools like Dex trainer to find new pairs

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okay so again most of the time you want

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to focus on a single blockchain at a

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time where there's a lot of trending

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activity so I'll just pick salana for

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example okay so what you can do is you

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can go to deck screener you can go to

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new pairs all right you can then filter

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by the the time that the coin was

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created so you can say hey the pair was

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created within the last 24 hours and it

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needs at least $11,000 of liquidity in

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order to trade all right and that's

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going to show you everything that was

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launched within the past day all right

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and then you can do things like you know

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sort by the pair age all right so this

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is literally what's launched within the

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last you know 20 minutes or so all right

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and you can also filter by other helpful

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things like volume okay because you want

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to be getting in on coins that have

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significant trading volume you here's an

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example of a coin all right that was

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launched with in the past 24 hours again

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I'm not telling you to buy this coin

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necessarily this is nubc cat Okay so

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within the past uh 24 hours if you

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bought it below a $1 million market cap

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you'd be up over 10x at the time

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recording this video and you could have

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found that coin basically by using the

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method that I'm talking about all right

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so that's the basics on how you find new

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projects now basically if you look at

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all the pairs that were created and you

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just systematically bought everything

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that was new you're probably not going

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to make any profit off this you're

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probably going to lose money so how do

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you actually avoid you know losing out

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in this case well one of the biggest

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ways that people lose money with this is

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they buy into scams and rug Poes okay

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because there's lots of projects that

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you know pump for like literally 2

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minutes and then just go to zero so how

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do you avoid that type of thing well you

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can use different tools like security

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Checkers you can look at rug check .xyz

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put in the contract address it'll

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actually do some analytics in the

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blockchain to see if it's a scam project

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you can search the contract address on

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Twitter or different Discord Bots

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that'll kind of give you an indication

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whether it's an Insider project and you

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can also join lots of different

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telegrams and discords that'll be

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talking about like whether projects are

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legit or not so definitely there's lots

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of scams there's lots of garbage out

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there and if you just spread your money

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across everything you're probably going

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to lose it all now that being said

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there's still lots of legitimate

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projects that you know just won't

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necessarily work out like not everything

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that you you know get into is going to

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be a winner which brings you to my next

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Point okay and that's to spread your

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risk all right so you know not all meme

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coins are going to be successful in fact

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most of them are not going to be and

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you're probably not going to hit a home

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run on your first try and only a small

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projects are going to really make up a

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majority of your wins but that one

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winner can pay for all of the losses

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okay and so that's why you want to

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spread your bets all right across

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multiple projects and don't do it all at

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once trust me I can tell you this from

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the experience you don't want to just

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say all right now I'm going to go invest

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x amount into meme coins and then just

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dump it all in because what I personally

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do is I'm disciplined and I allocate a

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certain amount of capital to this and I

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spread it out over time as new things

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launch I watch for new things and say

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all right here's how much I'm going to

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devote towards this and I'm going to

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spread you know an equal amount into

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each new launch that I think has

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potential and whenever I do this

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basically I consider this like a lottery

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ticket this thing either is completely

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worthless and goes to zero or this thing

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you know really outperforms everything

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else it's a sort of a zero or hero

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mentality here's why that's important

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because if you buy into a coin let's say

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you make a little bit of profit all

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right and you pull it out or you buy

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into a coin and then it goes down you're

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like well that didn't work out I'm going

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to sell it these things can come back

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with a vengeance when you think it's

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completely over or when you think you've

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made a little bit of money trust me I've

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had this happen where I've bought

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something and went up made a little bit

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of profit just forgot about it and then

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check back months later and it's worth

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you know over a,x of what I took off the

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table trust me you don't want that to

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happen no joke it hurts and then when

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you finally hit that winner you just let

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the winners run all right so now my next

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point is that you need to build a thesis

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around a meme coin I know that sounds

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absolutely crazy but here's what that

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means basically you have to pick a

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project and you have to come up with a

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reason why you think this Project's

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going to be successful and try to come

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up with an idea what this project could

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be worth in the future so let me explain

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how meme coins work and you'll see why

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thesis matters because the number one

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thing that's going to give a mem coin

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legs to run is attention so what keeps

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this attention well a community of

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holders one big reason why a lot of m

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coins don't work out is they don't ever

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actually form a community number two is

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the team is there actually a team behind

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this thing that can help make the coin

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successful through marketing or making a

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mcoin actually do something because you

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have to command that attention and then

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number three is really just the price

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momentum okay if you have all these

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things this price momentum can be this

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Snowball Effect where you know you see

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things like relative strength when the

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prices drop in the crypto markets how

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well does that coin hold up memes tend

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to win go through multiple waves and you

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can sort of observe these waves to see

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is this project going to be a long-term

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winner and so how do you find out about

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this well you can do things like look in

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the telegram or Discord groups for these

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tokens to try to get an idea of what the

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communities like what is a team behind

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the project what do they actually plan

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to do with it can they actually execute

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based on their past history and then you

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can build a thesis around hey where

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could this coin end up could it actually

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get listed on major centralized

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exchanges in a bull run where lot people

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want to buy it with significant trading

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volume is it going to be on the sphere

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in Las Vegas is it going to be marketed

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on billboards all around the world

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that's the kind of thing you want to

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think about if you're looking for a meme

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coin that could be worth billions of

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dollars in market cap so I'll just take

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one as an example you know case study

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here like a project like whiff okay so

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again not Financial advice not telling

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you to buy Whi but whiff or sell it if

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you hold it but whiff is you know

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definitely one of the biggest meme coins

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of 2024 okay launched back in November

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it's already at you know a $3 billion

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market cap at the time recording this

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video so what's the thesis behind this

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okay I know sounds crazy for a meme coin

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but the thesis is pretty simple all

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right we've seen coins like Doge in the

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past go absolutely insane during crypto

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bull runs Doge got to over an80 billion

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market cap with an insane parabolic run

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in the 2021 Bull Run part of the thesis

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too is people love dogs it's really

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simple and also you know Meme coins are

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really like Community owned projects

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coins of the people and so here you have

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another dog coin that's a community coin

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on chain with a grass movement that's

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already a$2 billion market cap that's

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really similar to the trend of Doge that

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was worth an $80 billion market cap in

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the last Bull Run so do you think a coin

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like that could be worth you know a good

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percentage of what Doge was before well

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that's basically the whiff thesis and

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again I don't know what's going to

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happen to whiff in the future but that's

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a pretty good reason as to why it's run

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to the price level that we see at today

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and then when you're talking about the

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attention okay you know whiff was funded

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to be put on the sphere and that's

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another reason why we have teams behind

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this thing teams matter because meme

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coins are all about attention if you can

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attract a lot more attention to a

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project then it's probably going to be

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successful and then part of your thesis

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and the last most important part is how

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high can this coin go which puts me to

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my next point which is pick your exit

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because once you buy a mem coin it

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doesn't matter unless you click the sell

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button okay you can watch that thing go

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up crazy valuations but if it crashes

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back down your round trip or you sell at

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a loss you know it was all paper gains

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and just a dream to begin with so how do

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you how do you decide when to do this

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well you're probably not going to

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actually sell it if you just buy it and

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you just watch and try to use your

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intuition and say okay well now I'm

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going to do it you can't just wing it

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okay and that's why you have to have a

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thesis in place and your thesis has to

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include you know price targets or exit

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numbers okay so how do I personally like

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to set these price targets well I do

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these based upon market cap okay so I

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think about could a coin be worth a $10

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million market cap that's the first one

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the next one will be something like 50

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million then 100 million then a billion

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and then 10 billion

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and I do this for several reasons so

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number one is most mem coins are not

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going to make a billion dollar market

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cap and Beyond okay the road to getting

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there has a lot of trap doors people

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could just you know not care anymore

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then move on to another coin that could

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most likely go to a 10 million plus

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dollar market cap because most coins are

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short-term hype a project really has to

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have legs in order to get to a billion

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dollars and Beyond because if a project

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launches you know below a million market

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cap there's lots of people that going to

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be taking you know profits at you know

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10 million 100 million and and they

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could just not care anymore and move on

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to the next thing so you have to ask

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yourself like can this thing actually

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run and that's where your thesis goes

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into play and if it can't then that's

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when you should consider taking profits

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at some of these round numbers like 10

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million 50 million and 100 million but

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if it actually has legs then you could

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say like hey could this project be worth

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a billion dollars or could it even be

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worth 10 billion like so for example

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with whiff you know at this point it's

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easily crossed the one billion dollar

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threshold you know if we hit an

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absolutely insane crypto Bull Run is it

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possible that it could be worth $10

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billion it's definitely possible

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obviously not Financial advice nobody's

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got a crystal ball but Dogecoin was

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worth 80 billion same thing with popcat

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okay it's it's seen multiple waves at

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this point and if we go it's had a ton

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of volume continue to have attention and

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so could it hit a billion dollars and

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cross that well it definitely could if

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we go into another insane crypto bull

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run when the meme coins go with it so

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that's just a way to think about it and

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anything that doesn't have that quite

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clear path you should probably consider

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taking profits to some of these other

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targets that I mentioned before now that

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being said you know smaller projects you

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know can get to a billion dollars I mean

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you if you got into one of these

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projects early and they got to a billion

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dollars and Beyond you know you would

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have ridden that wave the entire wave up

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but would you have held okay that's the

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important thing to understand is along

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the way nothing goes up in a straight

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line particularly with mem coins you

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could have multiple 50 70% draw Downs

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along the way before they actually

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achieve escape velocity and see these

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massive you know 100x plus returns all

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right so that's an overview of how to

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make 100x off of meme coins again so

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this is a crazy Trend that's happening

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right now in 2024 I expect this trend to

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continue if the crypto Market continues

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to be bullish for the rest of this year

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again none of this is D me Financial

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advice I'm not telling you to buy

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specific cryptocurrencies based on this

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information or to put all your hard-

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earned life savings into meme coins is

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definitely a risky Endeavor but I've

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made some good profit off this and

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there's lots of potential here to do the

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same so let me know what you think down

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in the comment section below are you

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holding any particular meme coins are

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there any that I should watch out for I

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want to hear from you and whenever

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you're done leaving your comment make

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sure you smash that like button down

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below for the YouTube algorithm And

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subscribe and while there's definitely

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some good money to be made in meme coins

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right now this is definitely not going

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to last forever and the absolute best

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way to make it longterm in this space to

play17:08

make life-changing money is to become a

play17:10

blockchain developer so that you can

play17:12

increase your earning potential create

play17:13

your own Bots make passive income and I

play17:15

can show to do that step byep to start

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to finish over at dap university.com

play17:18

booot Camp you really don't to be an

play17:20

expert to get started today I've help

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people with zero coding experience

play17:23

become real world blockchain developers

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in a matter of months so that's all I've

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got until next time thanks for watching

play17:28

dap adversity

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