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@DineroDom0 breaks down the different trader demographics and why knowing yours matters...
He breaks it down into four buckets:
• Fundamental or revenue tokens - Focus on strong businesses and economics flowing back to the token
• Utility tokens - Trade tokens based on their role or use case within an ecosystem
• Meme coins - Community, CTO strength and supply dynamics drive the trade
• Attention tokens - Trade viral moments, celebrities, pop culture and trends. Usually short-lived stuff
Know where your edge is and don’t chase someone else’s. Dom admits that meme-coins and attention tokens are not his thing because he can’t identify their ceiling the way he can with revenue tokens