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Mr. Beefman 🄩 Mr. Beefman 🄩 @mrbeefman · 2.85K subscribers
Post #1330 269
Which tokens to avoid for slow cooks on Meteora LP and why

Ā· Tokens about Elon, Trump and other people outside of crypto
New ones launch every day, the survivors are the exception

Ā· Tokens where trading fees go to a famous person who never claimed them
The anticipation usually brings solid volume, but way too often the person either disowns the token or claims and dumps right away, hence the heavy dump

Ā· CTO tokens
Last year's meta, barely any survive, can't even remember a recent success story

Ā· Event tokens with no continuation
Someone or some animal dies, the event has no follow-up, statistically these don't live long

Ā· PvP coins and vamps
Someone launches a copy of an existing token, most of the time both die

Ā· Tech projects with no backing from trusted KOLs
Trusted means someone who doesn't dump right after buying, and ideally the devs are public, not an anonymous twitter account made yesterday

Ā· Old large caps after a pump or a volume spike
Wait a day and there will be zero print left

Ā· Tokens in a downtrend for more than a day
Worth watching, but no rush to enter

Ā· Any token I don't understand
If I can't explain the idea and the reasons it could go up, that's just aping

I would've said avoid bundled tokens before, but with the current meta there isn't a single runner without bundles
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