Welcome to Alpha drop. My name is Ron Martin and if you're new to trading memes, we do have a resource that we found helpful for you guys. Yes, right here. So just use this as a rough reference, okay? A lot of memes within these ranges eventually, when they start pumping towards the next level, exhibit the same patterns. So, for sub 1 million market cap, we're talking about pump fun tokens. Pump fun tokens, just in general. I think it's easy to understand meme coins that have a market cap below 1 million...
Especially if they're derivative meme coins off of the original metaright. Then you come to 1 million to 10 million. And this is exactly what Nom Nom looked like for a while. Let's use that as a reference. Damn chill, guys, is not chilling. He's popping off. So, Nom is no longer in this category. Not yet. It's in the next one, which we'll talk about later...
Alright, we have Trader SZ begging Bybit, begging Binance to list this on their spot exchange, and he is their official partner. Okay, that is one comment that they will not ignore. They will probably consider it. And there's rumors that Binance is, they have a team that is aggressively looking into meme coins to spot list. That's why they had peanut in the first place. So, Panoot is not going to be the last...
Now that the new cycle is that Bitcoin will pump, then money will flow to memes compared to ETH, then alts, last cycle. Right now, it's like memes will pump for sure. Everyone, even the ones who were anti-memes long time ago, now are trading memes, right? Michael is one of them, Trad, YouMe, everyone, YouMe, a lot of people, a lot of you guys as well...
Q: What are some trading strategies for meme coins below 1 million market cap?
A: Memes below 1 million market cap are often referred to as pump fun tokens. These coins exhibit similar patterns when they start pumping towards the next level.
Q: How can meme coins with market caps between 1 million to 10 million be analyzed?
A: Meme coins in the 1-10 million market cap range can be derivative coins off of the original meme coin. An example can be Nom Nom. These coins may exhibit different characteristics compared to those with lower market caps.
Q: What insights can be gained from trading meme coins with market caps between 10 million to 100 million?
A: Trader SZ's comment about Binance and Bybit considering meme coins for listing indicates a potential shift in focus towards meme coins in this market cap range. Platforms like Binance may aggressively look into listing more meme coins.
Q: How does market cap affect trading strategies for meme coins?
A: In the current market cycle, there is a trend where money flows from Bitcoin to meme coins, then to other altcoins. This shift in focus towards meme coins has led to more traders participating in meme coin trading, even those who were previously skeptical about meme coins.
