How should one approach #memes on BSC now?
New projects are emerging daily, even in a sluggish market. While the overall market is weak, several hot projects in the hundreds of thousands range still appear each day. For those with a market capitalization exceeding 100,000, entry depends on the level of hype. For example, today I traded #ClawBot and #XiaoAn; as long as the hype remains, there's potential. One of them doubled in value.
However, some projects lack hype and are difficult to push up; even if they do, you should sell! If the price surges, at least 50% will have to be sold off, turning daily farmers into hourly workers.
Another option is to hold onto existing tokens and gamble on Alpha. Of the tokens worth over a million in this round, only #MILADY and #TITAN are still holding on. Their market capitalization is relatively stable in the long term, making them the two most likely candidates so far. Build positions at the bottom of the range and let time do the rest.
The last option is to patiently wait for the "Queen of Memecoins'" new token. CZ's influence on BSC is undeniable, but there are different players, clearly in the #memecoin sector.
CZ's new book is already on Alpha, and she hasn't spoken for 10 days since her "Fight," so she might be planning something big.
BSC chain still has a chance!
@binancezh @BinanceSquareCN
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