I have seen basecat's chart, and it seems already bottomed. 10m cap seems worthy to invest consider it's already listed on coinbase. However, i see nothing special from its roadmap, and the pump may come only when we will enter the meme meta again in the next cycle.
Nevertheless, it's possiblt to go higher as long as the dev behind this meme is also pro actively cashing more site to listing its token. Honestly, if this token can reach Upbit, 100m mcap seems possible.
We had Toshi who peaked at 1b FDV after it's listed in all of major exchanges. So basecat has to do the same to repeat Toshi's success.
Its developers is the key to bring the hype.
The time to get in is around now near the bottom. It is currently $14m market cap and yeah it could go back down to $10m or below but it could also pump 100% in a very quick time so for now I’m happy buying around $15m.
Its not a big amount I’m investing, maybe if I just buy $100 of it total for example and I see it 10x , that’s $1000 I can then put into a safer altcoin that can give me a 3-4x and compound the returns that way.
Meme coins are risky but they are also very fun when they get some hype and you see very quick pumps of 100% or more in very short time.