RE: Meme Coin Summer Portfolio Week 11 | Winners, Losers, & 2 New Coins!
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Wow .... First time I'm seening this report of your and I'm amazed .... how do you even find the new ones? Dexscreener?
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Dexcreener I would say is pretty bad for finding new ones as those that are trending tend to be at peak hype with a high risk that you are exit liquidity when buying them. However, coins that stay in trending week after week tend to be good to buy on pullbacks. Most of them I come across on Twitter or Youtube. I also try to stay away from coins that are just new as I would say that is a totally different skill set.
It's incredibly fun and addictive though this memecoin space. It's like altcoins on steroids. I do worry though that the pace at which new ones are created is too high putting some pressure on existing ones.