We all know memecoins move very quickly and are highly volatile. Most of the time, by the moment people hear about one, the biggest gains have already happened. That is why timing is so important. This week was different for me. I saw $SPARK holding at a strong support level, which is usually a good place to enter. I decided to take the risk, and it worked. The token went up more than 100% soon after. Cool right ahah.. Moments like this show how much difference it makes to watch the market closely and act at the right time.
At the same time, BG has started Phase 18 of the Onchain Challenge. This round includes some of the most talked about tokens right now: $CARDS, $TROLL, $PUMP, $KOGE, and $SPARK. The prize pool is 100k BGB, which makes it both fun and rewarding. It is not only about trading, but also about testing strategies and seeing what works best in a live market.
I have already joined the challenge. For me, it is a chance to try out my trading approach on different tokens, improve my skills, and also earn some extra BGB which is highly rewaradijg. I am excited to see how far I can go this round. The Onchain Challenge is a great way to stay active in the market, learn from experience, and enjoy the fast pace of memecoin trading.
Linkback: https://www.forex.zone/coins-and-tokens/20/what-makes-a-difference-with-trading-memecoins/4801/
