Trader Shares 3-Point Strategy To Win With Meme Coins—Here's Where Dogecoin, Shiba Inu Come In
Portfolio Pulse from Khyathi Dalal
Crypto trader Hoeem shares a three-wave strategy for trading meme coins, highlighting Dogecoin and Shiba Inu as established options in the third wave. The strategy emphasizes understanding market dynamics and social metrics to navigate the volatile meme coin market.
October 23, 2024 | 5:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Dogecoin is categorized in the third wave of Hoeem's strategy, indicating it is an established meme coin with a higher win rate and lower risk-reward ratio.
Dogecoin is identified as a third-wave meme coin, suggesting it is more stable and less risky compared to newer meme coins. This could attract investors looking for safer meme coin investments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Shiba Inu is also placed in the third wave, similar to Dogecoin, indicating it is an established meme coin with a higher win rate and lower risk-reward ratio.
Shiba Inu, like Dogecoin, is considered a third-wave meme coin, suggesting it is more stable and less risky. This could appeal to investors seeking established meme coins.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80