The meme trenches are totally cooked right now. 99.999% of the microcaps (< $10m MC) are either going to zero or struggling to break the $10M MC barrier. It's mayhem out there. Most coins between $10M and $70M MC are 80-90% down from ATH and show no signs of recovery. Maybe a few good ones will eventually recover but picking a potential winner is like playing a lottery. So what's the best strategy? We are in that phase of the market where the established moderate-high cap memes have the best R/R and they are gradually turning into liquidity blackholes. The older bluechip memes are obviously never gonna see ATH again so the key to success and to making life changing money is finding a recent meme that has proven itself, is listed on multiple Tier 1 CEX's, and has a die hard community rooting for it which will lead you to the promised land of 'lowest risk and highest reward'. My bet? $USELESS. It has gone through its ups and downs and has proven to be the No. 1 bluechip meme of this...
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