i pay more attention to how a memecoin community behaves during a 70-80% drawdown than when the price is going up
the strongest communities tend to stay active, keep creating content and bring in new people even when momentum disappears
attention drives memecoins, but i believe the ability to sustain that attention through difficult periods is one of the most important things to look for
Over 1.9 million new crypto tokens were launched in September alone.
That's roughly 44 new tokens every minute.
Pumpfunโ alone launched over 1 million of them.
Even if you checked one new coin every minute without sleeping, it would take you more than 3.6 years to go through the tokens launched in just one month.
You could spend a full minute researching one memecoin, and another 44 would have launched before you're done.
[Smol alpha]
Pls participate in the @axisrobotics epoch 2, Might be the only COOK for the year
Top $500 will be rewarded
Their tokenomics is pretty solid too
Join here: https://t.co/5POnpo4axi
Probably something