The Supercycle of the MEME Market: Focusing on Chips is Key

In the past month, we have witnessed the rapid iteration of the MEME market. From $GOAT to $MOODENG, and then to $BAN, almost every day a new top MEME project has emerged.

In this market, the short essays always depict the stories of winners, telling how to turn 1 SOL into 100 or 200 SOL. However, the actual participants understand that behind every successful case, there are hundreds of losing investors.

Despite market participants' efforts to summarize various investment skills, such as focusing on the developer's historical projects, pool depth, and following smart money, there are still very few truly successful individuals. After all, very few people can sell faster than the project team.

Looking back at this round of market trends, the MEME project ran through the entire cryptocurrency cycle. The market showed a bottom-up change trend, and retail investors seem to have achieved the "fairness" they pursued, which is to combat venture capital and avoid buying into the stories of overvalued projects.

However, has the market really become fairer? Venture capital has simply shifted from the forefront to the background. We see GSR and DWF Labs emerging as new market makers, while the GOAT project has rapidly gained popularity due to support from A16Z. In the end, venture capital is still leading the market direction.

In such an environment, investors should adopt a perspective from the previous cycle, focusing on areas of capital inflow, and only invest in leading projects.

![[Stable Dog Original] MEME's Super Cycle, Only Chips in Sight] ( https://img-cdn.gateio.im/webp-social/moments-83669ffd82db5904f70dedbbf9b9a02f.webp)

From a more macro perspective, when the Bitcoin market is doing well, attention should be paid to the MEME chain market. However, when the overall market is sluggish, MEME projects typically do not generate significant wealth effects, as large funds tend to remain cautious.

The current market's liquidity is not insufficient, but rather too dispersed. Chains such as Solana, Ethereum, and Base each have their active user groups. Among them, the MEME projects on the Solana chain are more accessible, leading to more successful cases. However, due to the existence of certain platforms, the PVP (player versus player) competition is more intense.

On the Solana chain, it is advisable to choose MEME projects that have already gained attention on social media and have been listed on certain trading platforms with sustained popularity for more than 24 hours, in order to avoid overly intense PVP competition.

The entry timing can be chosen at the second pullback or at the pullback point after the heat has formed. In addition, the number of pullbacks for a single cryptocurrency should not exceed three, as "if it happens again, it weakens; if it happens three times, it is exhausted." Although heat is equivalent to attention, the appropriate buying price is more important for the holding mentality and "holding on."

Finally, remember "Selling out means eternal profit, securing gains is peace of mind". The current cryptocurrency market sees new narratives emerging every month, with no everlasting hotspots, only constantly flowing hot money. When participating in MEME projects, one should focus on chip management, as this is the key to success.