In the past months I've seen too many memecoins being deployed or going to insane numbers in market cap. Just to name a few, PEPE, WIF, SLERF, MOG, BONK, BOME, MYRO, BODEN and how many.
I think that being invested in all of these myself, I do have a big enough basket of memecoins allocated in my portfolio. I don't think it's worth looking for all new gems that are being deployed on a daily basis. Some of the new gems are also appealing, with millions of dollars deployed in liquidity upfront, but surely not everything will get the hype and market will become over-saturated for new players.
Considering in the past bull run DOGE touched $80b mcap, it could mean anything from 25x to 100x+ for the above coins. Just one coin to do 25x will most likely cover my entire risk amount.
Do you think it's worth investing small amounts in all new memecoins that will appear or will market get oversaturated, making the current ones more strong?
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