next thing you need to understand before buying any memecoin is how to read the narrative

because without a narrative, a coin dies fast

a strong narrative is the lifeblood of a token

there are a few filters you can use to spot good narratives in the market

but keep in mind, every trader has their own way of seeing things because everyone views the market differently

still, from what I’ve seen, the core approach is pretty similar across the board

What makes a good narative ?

a strong narrative is usually found in hype trends that are going viral across the internet

• everyone can relate to it
• it hits emotionally and feels real to people
• there’s a story behind it (sad, happy, hero arc, etc.)
• it’s being pushed or amplified by big celebrities and spreading across Twitter, TikTok, and other social platforms

besides that, you can also look at examples of tokens that performed well in the past few months

for example:

$LABUBU: a keychain doll that went viral on social media a while ago, and the token pumped to around a $50M market cap

$PUNCH: a small monkey character with an emotional backstory behind it