What is up with Diddy COIN? (And all the Meme Coins)

I mean, DAMN…we people can really make fun and also profit from every media drama.

When I first saw this on social media, I thought it was a joke, ohh well, it isn’t.

The Crypto meme wave is something we had not seen since the early days of Crypto when almost every random crypto popped up, made somebody millions, and then went extinct.

This is the case right now, too.

DIDDY coin is the most infamous of the current wave, just take a look at this:

Screenshot on CoinMarketCap

You can clearly see 2 points in this cryptocurrency history with a really high price and market cap, and now it has come down to reality.

Now, you may ask:

“Ok, but what is the point of this article? What are you trying to say?”

WELL, Glad You Asked.

The point is that there are many more other examples out there that we, as Crypto investors/Traders, need to be well informed about before we jump on this “wave,” or we will lose a ton of money.

Look at the following 2 Cryptocurrencies, for example:

And this one:

~Both Screenshots on CoinGaeko.

You can clearly see in their short-term existence it’s a clear trend:

• Really High Swings to the Upside and Downside.
• Really stupid names
• The high spots came in hand with times when the meme was most used

(Well, the last one I had to check myself to confirm on different social media platforms)

So where I am getting at is:

• Only trade in these coins with little money, like 50 to 100$, because the reward can be high, yes, but also you can get to actually 0 in no time.

The best strategy I have seen big trades use is to focus on 2–3 memes like this from the time they get on the market till about a week — 2 weeks into their existence and also track WHALE WALLETS for more confirmation.

Here is the link to a clip explaining how to do that.

Also, as another small note, the most amount of money and fast profits are made from meme coins on the SOL exchange system, so you will need an account.

Here is a clip on how to do that step by step.

Anyway, be safe out there.

EDGE OUT.

---

What is up with Diddy COIN? (And all the Meme Coins) was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.