I’ve got 20k to invest in a meme coin?!?!?

I usually stay away from meme coins—I’m more of a traditional TA trader—but after listening to Raoul Paul’s podcast and hearing his take on meme coins reflecting cultural trends, network effects, and day trading attention, I decided to do some research.

When looking into meme coins, it’s clear that not all of them are the same. Some stand out with unique qualities that go beyond the hype. What do you think makes a meme coin worth paying attention to?

Here’s the checklist I’ve been using to evaluate them:

1.  Real-World Connection: Is it tied to something relatable, like a cultural icon or viral trend, rather than just a generic cartoon?

2.  Strong Community: Does it have an active, engaged, and supportive community that helps build momentum?

3.  Social Proof: Does it already have a large, established following or a presence on platforms like TikTok, YouTube, or Instagram?

4.  Sustainability: Are there plans for growth, utility, or long-term relevance beyond just a pump-and-dump cycle?

5.  Cultural Impact: Is it aligned with trends or movements that resonate with a broader audience?

6.  Network Effect: Is it gaining traction quickly, with more people jumping on board and spreading the word?

7.  Unique Story or Hook: Does it have a narrative or concept that makes it stand out from other meme coins?

Curious to hear what others look for when evaluating meme coins.

What are you buying?