Chasing low-cap shitcoins? That's how fortunes vanish overnight. My approach is different—I focus on which launchpad protocols actually generate real yield through native token appreciation. Take memecoin markets: when a single platform controls over 99% of fee revenue from both meme and ICM segments, that's where the real opportunity lies. Rather than scattered bets, the smart move is identifying which launchpad is positioned to capture the lion's share of this market concentration and own their token before it compounds.