The current meme coin market is indeed competitive. My own experience is quite representative — I bought 10 U at 0.007, then added 100 U when it reached 0.011, and later sold everything, honestly not making much profit.

Trying to turn small funds into a fortune within four zeros is basically unrealistic. Back then, it required a large influx of genuine liquidity to have a chance, but I didn't have the guts for that. So in the end, those who got rich were the big players willing to gamble boldly. Small investors like us can only continue to mine for treasures among the more than 20,000 BSC meme coins that pop up every day.

But there's a particularly important pitfall I want to remind everyone of: the same coin name can have countless meme versions. Which one is the "authentic" one? The decision power lies with the exchanges. The one listed on a top platform like Alpha is recognized as the true successor.

This means you must carefully check before choosing a coin. Trading volume, founding time, attention, liquidity — there are many criteria, but honestly, luck plays a significant role too. Sometimes the meme you believe in really takes off, but it turns out the exchange listing is for a coin with the same name, which can be heartbreaking.

If you really can't tell the difference, instead of stressing over it, just cast a wide net. Spread your chips and let probability help you filter. Life is like that — sometimes, the choice is less important than the execution.