$MAD memecoin serves as an excellent case study for identifying and trading successful memecoins. By focusing on strong team dynamics, powerful marketing, consistent price action, and an innovative approach to IP, Mad has set a benchmark in the memecoins space. This guide will help you spot potential memecoins opportunities early and leverage them to your advantage.
Disclaimer: This is not a financial advice nor shilling any memecoins.
The market cap of $MAD tokens rise from $7 million since its launch to $33 million, with an all-time high of $40 million. Why $MAD is thriving? The success of $MAD can be attributed to 2 key factors:
1. Strong Team and Marketing
One key factor in $MAD’s success is its robust team, which translates to a strong community. The team excels in marketing, as seen through their relentless content output on platforms like Twitter and Instagram. They have even ventured into high-quality advertisements, such as those seen during the Paris Olympics.
Brand exposure, not just on Twitter but across all social media platforms, is essential. $MAD’s marketing strategy extends beyond mere content; it’s about creating a pervasive presence, increasing visibility, and constructing a compelling narrative. Trading memecoins isn’t just about the numbers, it’s also about community. Investors often develop a strong emotional connection to these projects, becoming integral parts of the communities. This connection can be a powerful motivator and sustains investor interest and engagement.
2. Consistent Price Action
$MAD’s price action is another indicator of its strong foundation. The project’s exceptional price action reflects its steady growth, consistently hitting all-time highs. Despite a dip caused by key opinion leaders (KOLs) selling off their supply, $MAD’s management addressed the issue transparently and swiftly, maintaining community trust and market stability. $MAD has shown resilience and quick recovery.
Technical Analysis: Scalping Strategies for Memecoins
- Order Block Trading
When trading memecoins, there’s a scalping strategy called Order Block Trading, to focus on short-term trades within specific price ranges. This involves identifying “demand zones”—areas where price dips attract significant buying interest. (Details can refer to the previous articles: Mastering Memecoins Trading: Part 1 – Beginner Guide: https://airdroplet.com/airdrop/memecoins-trading-beginner-guide/; Mastering Memecoins Trading: Part 2 – Order Blocks Strategy https://airdroplet.com/memecoins/memecoins-trading-part-2/)
For instance, during Mad’s early days, it experienced a dip to 600K market cap after some KOL sold their supply. However, the subsequent recovery was quick, indicating a strong demand zone. Monitoring these zones can guide you to make profitable trades.
Risk Management
While opportunities abound, it’s crucial to acknowledge risks. Major holders (often called “whales”) could sell large amounts, impacting the price significantly. Always be aware of top holders’ actions and plan your exit strategies accordingly to minimize losses from sudden market moves.
Intellectual Property (IP) in Memecoins
$MAD’s unique vision involves addressing intellectual property (IP) ecosystem within the memecoins market. By creating a stable and recognizable brand, they aim to bring together the largest memecoins communities under one ecosystem. The intellectual property aspect addresses the common issue of counterfeit tokens. By partnering with reputed projects like Boys Club and associating with well-known memes, Mad is building a credible, expansive ecosystem.