Obviously we all here want some profits. And most people in the crypto market are not just looking for some generic gains like a 2x. Crypto market has been a synonym of get rich fast. Sadly that is not always the matter now as much as it was few years ago. The market is maturing. Risk is declining but also reward.
To get some of those 10x gains, that are happily still possible, you need some low-cap coins. Because those are the ones that have the most growing room left, especially without any billions or so flowing in. It’s simple maths:
If a coin has a 10B market cap you can’t push it much further up with a 10M volume. But if you get a 10M volume for a 10M or even 100M coin (the max low cap coin) it’s easier to push up. In other words you can still be early there.
But you definitely should not just look for low-cap, that coin also needs some usage (utility) in the future or in today’s world. That’s about the most important thing. Obviously tokenomics are also important but there it’s already about advanced research and its not as important as utility anyway.
So obviously generic memecoins don’t qualify to that. Investing in those us more of gambling, having fun.