Crypto Influencer EnHeng Shares Meme Coin Strategy for 20-50M Market Cap

Cryptocurrency influencer EnHeng recently shared a meme trading strategy focused on the BSC chain during an AMA session on Four.meme. EnHeng emphasized that successful meme coin projects should adhere to three key principles: narrative, emotion, and certainty. According to EnHeng, a meme coin project with the potential for significant returns must have a compelling narrative at the ecosystem level, the ability to evoke strong emotions, and a solid foundation of certainty.

EnHeng advised against buying during market dips or chasing highs when building positions. Instead, he suggested entering the market when a project's market capitalization is between $20 million and $50 million. EnHeng recommended starting with a small investment to gauge the project's response and market sentiment before deciding to increase the position. This approach allows traders to assess the project's viability without committing substantial capital upfront.

When screening projects, EnHeng highlighted the importance of quickly evaluating whether a project is worth participating in. He suggested focusing on two key dimensions: observing early positioning by insiders or familiar wallets and checking for support from top-tier influencers. Additionally, he advised examining the concentration of the top ten holdings, the presence of pre-sale allocations, and the reasonableness of the market cap. EnHeng also emphasized the importance of monitoring alignment between Twitter promotions and actual on-chain buy orders to avoid projects that "shill but don't buy."