@ordinaryb0b

The only reason the price, of any asset, will go up, is because there are more people buying it (or more people buying with more volume) than there are people selling. Meme coins are, in a sense, an advertisement. Each "dev" creates a coin, but more importantly... they are creating a narrative. The question they are asking us (the traders) is : do you think this coin will be more valuable in 1, 2, 4 or 24 hours? In rarer cases we are tempted with ... do you think this coin will be worth more in 1,2 or 10 days? I'd be curious as to what questions others ask themselves when trying to evaluate this? We can look at social traction. We can look at current events (often the most popular memes are linked to viral events) We can, with a bit of investigative research ... look at other coins created by the same dev and see if they were able to create "success" and to what scale. In these cases we are using, a semblance of an educated guess to determine the future.... I will pass.

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