Among people playing Meme coins, some have doubled their profits, while others are tightly trapped. The gap often isn't in vision but in entry price.

Recently, I’ve been paying special attention to some Meme projects that still have decent hype. They usually hover around a market cap of $30,000 to $50,000. It looks calm and suitable for entry. But I just don’t dare to move because on-chain data makes it very clear—those early high-frequency traders who laid out early have costs only in the range of $5,000 to $10,000, and they’ve already recouped their investment. Now they’re just watching.

If I rush in at this point, with a cost several times higher than theirs, I’d really be caught in their trap. The price might not rise much, and they could sell off at any time for quick profit; if it drops, they might just dump and run. No matter what, you’re the one taking the passive hits.

Later, I developed a habit: before choosing a Meme coin, I must first figure out the costs of the big whales at the front. If your buy-in price is more than three times their cost, the risk is already terrifying. The smart approach is to find projects where the big whales have already mostly exited, or where your cost is close to early investors’. That way, even if you don’t make big money, at least you won’t lose everything.

Information asymmetry is the lifeline in this market. Understanding who holds how much and where their costs are makes the patterns of rise and fall clear in front of your eyes.