How to get in on meme coins before they go viral

The meme coin environment is a relative newcomer to the crypto ecosystem, but one that has definitely taken the environment by storm. These coins originated from memes and internet culture with humorous characteristics, which is why they have attracted a vibrant community around them. Yet, detractors believe that the category is essentially worthless and that the assets lack the ability to bring any real value to those who integrate them into their portfolios. However, those who have invested in them appear to be satisfied with their choices. From Dogecoin to Shiba Inu and from Bonk to Pepe, an ever-growing number of traders have begun integrating these holdings into their lists. 

The reason for their popularity stems from the fact that their prices are much lower than those of standard cryptocurrencies. This characteristic makes them the safer, more accessible choice for most investors, especially beginners who are not yet adept at navigating the intricacies of crypto markets and all the fluctuations they record. As a result, investing in meme coins is inherently not as risky since the losses are not as monumental and debilitating. They largely run on hype, so if you want to make the most of what they have to offer, you’ll need to become a bit better at predicting trends and learn how to spot the meme coins with the highest potential before they go viral.

Launchpads

The first thing you must do in order to enjoy all the benefits meme coins have to offer is to learn to identify the ones that are just emerging on the market. However, finding the next big meme coin is not as easy as it may seem. You can’t expect it to just fall into your lap, you’ll need to put in some effort. Research, engagement, and using the right tools are the only ways to succeed. Leveraging launchpads is a great way to discover new projects before they become mainstream. There are several which are dedicated to meme coins and choosing them means that you will interact with a solution that is especially tailored to your interests. 

MemePad is one of them. It is the first IDO launchpad created exclusively for meme coins and other microcap projects. GraFun, built on the BNB Smart Chain, specializes in meme coin releases as well and emphasizes advanced security measures and fairness in order to reduce the incidence of events such as rug pulls. Pump.fun is hosted by the Solana blockchain and lets users design and create their own coins as well. 

Learn to use tools 

The crypto ecosystem is undoubtedly complex and downright confounding to those who aren’t accustomed to it. If you’re not tech-savvy, getting started in this world will feel intimidating and challenging to deal with. Add the volatility and price changes to it, and you’ll most likely begin wondering why you’d ever wanted to join this community in the first place. But there are many advantages that are unique to crypto. The decentralized systems, the potential for portfolio diversification, enhanced privacy, and the fact that all the information that enters the ecosystem cannot be altered or deleted (which makes the system tamper-proof) are some of the primary reasons people invest in crypto in the first place. 

Using tools to boost your success rates is a very sound choice, but it is naturally important to know which resources you should pick in the first place. Several platforms let you keep an eye on wallet movements and see what whale investors are doing. The areas where this cohort places its bets should be of interest to you as well, as whale activities are generally believed to indicate the new direction of the market with a fair amount of accuracy. This way, you’ll have early insight into the tokens as well. 

Some of the other resources keep track of metrics such as token burns, holder statistics, and general activity levels. Having a more comprehensive view of a crypto coin’s growth trajectory and community engagement will allow you to determine if the asset is worth investing in as well or if you’re better off looking elsewhere. Look for tools that compile data from as many exchanges and blockchain networks as possible to have access to details concerning the health and pool activity of these areas. This way, you’ll cover as much ground as possible and have an easier time spotting hidden meme coins long before they become super popular. 

Stay engaged 

There’s no way to know what’s going on with the crypto community if you don’t engage with the crypto community. The space thrives on shared knowledge, hype, and community, so the only way to be successful is to stay up to date with the latest developments. Use as many social media platforms as you can since you never know which one of them will end up being a goldmine. TikTok, Reddit, and X are the ones that are most likely to help you out since they’re the ones that hold the largest and most active crypto communities. 

Look for subreddits and hashtags that you can follow or join, as well as discussions about potential projects and their scope. Social media trends can also offer clues. In the past, viral videos have been known to cause meme coins to soar, so if you see a video starting to pick up speed, it’s a fairly good indicator that the coin will probably grow in the near future. Forums, Discord servers, and other online groups are important as well. Early adopters tend to be the majority in these spaces, so the probability of launches, rumors, and upcoming projects being discussed is much larger. 

The bottom line 

The exact movements of cryptocurrencies are difficult to predict and there’s no way to be 100% sure of their future values. However, that doesn’t mean there’s no logic and objectivity to trading digital assets. In order to figure out which coins you should invest in you should always keep up with the latest development in the field. Look for as many resources as possible and use them wisely for maximum results. 

And never disregard the importance of a sturdy yet flexible game plan that lets you build a strong foundation and adjust to market changes at the same time.