Part 5/8:
Meme coins can be extremely volatile, but they offer significant upside potential. Many small-cap coins have managed to gain traction on social media, attracting attention and investment. Instead of playing the risky lottery with newly launched meme coins, I suggest exploring those with a market cap of around $50 million to $100 million that have a good community base and consistent trading activity.
Investing in a range of these coins, such as Benji the Dog or Miggles the Cat, spreads the risk while targeting potential high returns. A prudent strategy could be to invest $100 in four carefully selected meme coins while keeping an eye on their communities and market behaviors.