How can I understand meme coin good or bad position?

[Magic-Money]

They are many meme coin's in the crypto market, especially in MEXC Exchange has meme coin's listening in the exchange and is tradable in the platform, which every crypto trader or investors always look for a good entry point to buy, base on the current market is good for a long term investment to buy at dip which cryptocurrency market is still in Bear market. Also make research respect to telegram group community and roadmap of the project in the website it helps for a better research for a good meme Coin to buy.

[jaberwock]

।Do a good coinmarketcap analysis to know which meme coin is in a good or bad position and see which meme coin is getting the most buys and what is their market volume.  And check well if they are in the top ten. Like doge is in the top ten in meme coin.  Few people get good profit from this meme coin but most people make loss here. MEXC is new meme coin and very few people among investors familiar with this coin I don't think it will be very good for exchange.  Meme coin lacks a lot of utility so its market value depends only on large investors.  Meme coin price never increases without a bull run.

Whatever you are doing, you could be doing a wrong thing. Because there is no good memecoin and you should not invest in any of them. If you look at CMC and see some bad ones, you are doing a good job, if you look at it and see any good ones then that's wrong and you are making a mistake.

No meme project is a good one and people should not risk their money and should invest into legit stuff like bitcoin and ethereum, those are the real coins and meme ones are just there for fun, nothing more. They were not even invented for profit purposes, they were invented so that you would have some fun, that way you would be able to actually come to a conclusion that it is a good thing to stay away from them in investment, but can have some with them.

[Bushdark]

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

It's the same with any coins in the market, but the main factor to determine if meme coins are in good or bad position by the hype. Because of most of the meme coins are getting attention because the hype of the memes and the assets suddenly getting a massive pump in a short time which makes the investors/traders are interested into this type of meme coins. Do your own research like usual with indicators and keep yourself update with the news because that's the most important one.

Almost every coin in the market need hype to survive and those ones that seem like they are not hyped will make investors not to see good reasons of investing in them. There are thousands of cryptocurrency projects in the market and what we ought to do as an investor is for us to be conscious and make a better plan doing research before we put our money on any cryptocurrency project be it hyped or not. It is also important for us to try and check the market for some good projects not relenting on people that don't have a good idea about the market to tell us what to do.

[Gallar]

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

To identify which meme coins have potential and which do not. This can be exemplified by the journey of the Doge coin and Shiba coin. Because currently these two coins can be said to be very popular memecoins.
For example, Doge became popular (hype) because behind it was Elon Musk's. Therefore, the figure behind the coin meme must be investigated and investigated. Because if you look at Doge's success, one of the main factors influencing it is the character behind it (Elon Musk).

Then what you have to pay attention to is Coinmeme's plans (project). Because although most coin memes do not have a clear direction or goal, there are also some coin memes that have a clear direction and goal.

Apart from that, always monitor influencers' social media which often has a big impact on coin memes which will experience an increase, and usually Twitter is a platform that is often used by crypto influencers or coin memes.

However, all the factors above do not guarantee that coinmeme will become hype or popular. Because the name is also coinmeme, most of the quality is quite bad. So if you decide to buy meme coins, my advice is just follow the above factors and after that you have to be ready with all the risks.

[kevinzxz]

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

you don't need to understand the market position to invest in meme coin, because all meme coin are the same (useless), so if meme coin are hype, then you can invest in meme coin to make a profit, but my advice is that you better invest in meme coin that are already popular and have a high market capitalization (such as DOGE, SHIB and PEPE), then never invest for the long term, so if the price of meme coin is trending up, then you can invest in meme coin to earn profit, but remember you should not be greedy.

[Heulahee]

If we talk about the Mexc exchange then it is not supposed to be an excellent exchange between some other Exchanges and most commonly we have seen MEXC lists many coins with a low volume which we have seen on daily basis. So, you should see them on binance most probably.

[dlightag]

That's very good and easy way to identify meme coin's as long know the coin smart contract address and base on the MEXC Exchange platform price chart is easier to identify good position to buy and is very bad when bought at to and the price get to bottom price chart. As a cryptocurrency investors or trader's need to know the two common thing in mind before buying.

[gunhell16]

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

You know, I remember that before 2017, meme coins were not that popular and were often said to be zombie coins. Then, over time, the so-called zombie coins disappeared, and people were no longer careful in the crypto space. Now, what seems to have taken over is that most meme coins are the shit coins or zombie coins that other communities are thinking about in this business.

Now, I can't say much about the good or bad position of meme coins. Most people know that the risk in meme coins is high at this time because it is very volatile, especially since we are in a bearish market and the chart is almost in a down trend and we are not yet in a bullish trend. Maybe it's better not to prioritize the meme coins right now, dude,  think carefully about the investment you're going to make in that matter.

[Hildentine]

I think meme coins are that type coin that can't going in long time they are different form other strong project.
Some time they are pump hard in start and they are suddenly down hard so anyone how are invest in memecoin my believe is that collect your profit in start time one memecoin down so they are Pump again very difficult..

[blockman]

Meme coin didn't good coin but some meme coin successful your life changing.Meme most token didn't succee.I didn't like meme token but some time meme token buy your life changing.

Some of them have made a lot of people's lives changed and that's a fact. But that's it, they're good for short term but if you're for the long term, you should have transferred your profit from it into another asset like Bitcoin which is good as your main holding.

I didn't support this token but some Meme token great opportunity.

If you're too early then it can be said that they're great for opportunity. But it's like a gamble that you have no idea if the choice you've made is going to be better than others.

[kamvreto]

Meme coin didn't good coin but some meme coin successful your life changing.Meme most token didn't succee.I didn't like meme token but some time meme token buy your life changing.

Some of them have made a lot of people's lives changed and that's a fact. But that's it, they're good for short term but if you're for the long term, you should have transferred your profit from it into another asset like Bitcoin which is good as your main holding.

Turn into bankrupt and poor or turn into billionaires with lots of benefits. a fact that does happen and more people will be harmed than benefited if memecoin is only used as initial hype. Memecoin will not last long if it is not developed properly. the more memecoin appears, so if you want to enter, you have to be very selective. be prepared to lose or can gain a lot. Bitcoin and top altcoin investments are good recommendations.

[blockman]

Some of them have made a lot of people's lives changed and that's a fact. But that's it, they're good for short term but if you're for the long term, you should have transferred your profit from it into another asset like Bitcoin which is good as your main holding.

Turn into bankrupt and poor or turn into billionaires with lots of benefits. a fact that does happen and more people will be harmed than benefited if memecoin is only used as initial hype. Memecoin will not last long if it is not developed properly. the more memecoin appears, so if you want to enter, you have to be very selective.

More and more meme coins are coming because it's been stuck with the belief that many will be early adopters and investors of it and in the end, they will all become millionaires. An investor really has to be selective with their choices, meme coins or not but with the entire crypto market.

be prepared to lose or can gain a lot. Bitcoin and top altcoin investments are good recommendations.

Bitcoin no doubt but also be selective with top altcoins.

[kamvreto]

More and more meme coins are coming because it's been stuck with the belief that many will be early adopters and investors of it and in the end, they will all become millionaires. An investor really has to be selective with their choices, meme coins or not but with the entire crypto market.

Bitcoin no doubt but also be selective with top altcoins.

and in the end all will be broke and stressed people. not everything that goes in at the beginning will go well. Sometimes there are several scammer projects that are designed so that it seems as if the victim is in at the beginning, but in the end when the scammer has succeeded in deceiving them, the scammer will leave and leave the project. being selective with the rest of the crypto market has to be done.
and being selective in choosing the top altcoins is of course also done, ETH, BNB, SOL, MATIC, might be an option.

[blockman]

More and more meme coins are coming because it's been stuck with the belief that many will be early adopters and investors of it and in the end, they will all become millionaires. An investor really has to be selective with their choices, meme coins or not but with the entire crypto market.

Bitcoin no doubt but also be selective with top altcoins.

and in the end all will be broke and stressed people. not everything that goes in at the beginning will go well. Sometimes there are several scammer projects that are designed so that it seems as if the victim is in at the beginning, but in the end when the scammer has succeeded in deceiving them, the scammer will leave and leave the project.

I agree, not everyone is going to have the same ending as the others that have became successful.

being selective with the rest of the crypto market has to be done.
and being selective in choosing the top altcoins is of course also done, ETH, BNB, SOL, MATIC, might be an option.

It is a must when you're giving care to what you're investing for. You're investing your money and that's why it has to be taken care and make sure that you know where you're putting it. And it varies from person to person and depending to what we think with the top altcoins in the market. Some that you have mentioned, I also got it but for some people they might not be obliged with that and could disagree.

[kamvreto]

It is a must when you're giving care to what you're investing for. You're investing your money and that's why it has to be taken care and make sure that you know where you're putting it. And it varies from person to person and depending to what we think with the top altcoins in the market. Some that you have mentioned, I also got it but for some people they might not be obliged with that and could disagree.

whether you agree or not is everyone's personal choice, the important thing is that they will be responsible for their own choice. This is an investment goal that must be achieved, whatever asset you hold, as long as the coin has a good reputation and you are confident, then you can continue. ETH has always been the best than other altcoins and it is everyone's choice. Do your own research and determine which one is best, it will satisfy you more.

[lalabotax]

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

If you are new and very interested in meme coins, then it would be better to really learn about it. If the meme coins already have an ATH, it would be better to avoid them, because usually meme coins that have touched the ATH and have started to drop again will be very difficult to rise again. most of them will end up in shit coins. There are lots of memecoins that eventually become shit coins. Don't trust memecoins too much, especially those listed only on regular exchanges.
If you can't yet, it's better to avoid meme coins, unless you can really judge when they will go up.

[JeffBrad12]

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

If you are new and very interested in meme coins, then it would be better to really learn about it. If the meme coins already have an ATH, it would be better to avoid them, because usually meme coins that have touched the ATH and have started to drop again will be very difficult to rise again. most of them will end up in shit coins. There are lots of memecoins that eventually become shit coins. Don't trust memecoins too much, especially those listed only on regular exchanges.
If you can't yet, it's better to avoid meme coins, unless you can really judge when they will go up.

this statement honestly is true, usually meme coins after reaching certain all time high they went downhill, why? because quite literally everyone is dumping their meme coin in to the market for the sake of liquidating their investment to make investment in yet another emerging meme coins, they are already preparing for it.
meanwhile the meme coin which has reached all time high will eventually getting abandoned i mean they might retain their market capitalization which was initially quite huge but it is undenied fact that from here on there will be no significant rally or even market movement coming from such meme coin, just see at shiba, so many innovation yet the price going nowhere.

[justdimin]

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

you don't need to understand the market position to invest in meme coin, because all meme coin are the same (useless), so if meme coin are hype, then you can invest in meme coin to make a profit, but my advice is that you better invest in meme coin that are already popular and have a high market capitalization (such as DOGE, SHIB and PEPE), then never invest for the long term, so if the price of meme coin is trending up, then you can invest in meme coin to earn profit, but remember you should not be greedy.

This is true, people should definitely stay away from it because there isn't any money to be made from this without a doubt. I think it should be important to make sure that you are not going to make any profit from meme shitcoins, if you invest into something like bitcoin then you could make some profit and that would be a lot more important.

I understand that it is not that simple and I understand that some people may approach this differently but that doesn't mean that you are going to make money from it that easily neither. I hope that people would realize that they could end up with a good return one way or another, and when they do that it would definitely be something that will change some things in the end.

[Biznesmen]

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

There are a few steps before you buy any coins, especially meme coins. The first is to visit a website that shows you trending, newly launched meme coins. You can check the daily gainer section and start to invest with unique and catchy names. The second step is to stay active on social media and follow genuine social media meme coin influencers. And you can join a telegram group as well, because there are many telegram groups that are made specially to spot new meme coins at very early stages, so you can take advantage of such groups. And you also have to understand that 90 percent of these meme coins fail, and most of them are pump-and-dump, so learn about the risk before investing.

[hitsnorth]

How can I understand a meme coin's position in the current market? Is there any way to tell if it will be good or bad? I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

There are a few steps before you buy any coins, especially meme coins. The first is to visit a website that shows you trending, newly launched meme coins. You can check the daily gainer section and start to invest with unique and catchy names. The second step is to stay active on social media and follow genuine social media meme coin influencers. And you can join a telegram group as well, because there are many telegram groups that are made specially to spot new meme coins at very early stages, so you can take advantage of such groups. And you also have to understand that 90 percent of these meme coins fail, and most of them are pump-and-dump, so learn about the risk before investing.

So your last sentence just crosses out everything you said before. Even if the developers are truly trying to make some new good and catchy project it can fail because almost everything that matters in memecoins is luck and trends.