The Story of MEME Traders: From 100x Returns in 5 Minutes to Being Obsessed with the MEME World

A trader who previously worked in traditional finance shared his experience of entering the cryptocurrency space, particularly trading MEME tokens. This trader originally worked in the enterprise services sector and gradually entered the cryptocurrency industry through exposure to blockchain technology.

His MEME trading career began with a shocking experience. During a market hype, he purchased a MEME token related to the founder of Ethereum. Within just 5 minutes, this investment yielded a hundredfold return, igniting his strong interest in MEME trading.

This trader believes that the MEME token market is more attractive compared to other cryptocurrencies. He explains that the "whales" in MEME trading often work to inflate the market cap to attract more investors, which provides retail investors with profit opportunities.

He also shared how to identify and participate in potential MEME projects. The key is to observe the operating patterns of the market makers, such as frequent wash trading behaviors. He advised investors to enter the market during the pullback after the market maker's first round of price increase, or to decisively chase after the second round of strong price increase begins.

This trader compares MEME tokens to short videos, believing that both cater to the needs of young people. Short videos satisfy people's desire for instant entertainment, while MEME trading fulfills the dream of quick wealth.

When it comes to the future, he believes that MEME tokens have already become a long-term trend in the cryptocurrency market. He predicts that there may be projects more successful than the existing MEME tokens in the future, and this "new king" is likely already in the market.

Finally, the trader emphasized the importance of focusing on quality information sources. He recommended several domestic and foreign industry analysts worth paying attention to, but also reminded investors to conduct a comprehensive assessment and not to blindly follow a single opinion.

Overall, he believes that the key to trading MEME lies in finding the trading phase and method that suits oneself. No matter when you enter the market, there are always opportunities in the MEME market, which is precisely what makes this field so appealing.