Meme Coin Portfolio Week 18 | Selling Popcat & Buying Senk!

in #hive-1679222 months ago


I managed to flip a switch after being someone who cared a lot about fundamentals in crypto and started to get into Meme Coins with a small % of my overall portfolio trying to play this game and see how it goes. These are weekly update posts in what I believe could be a Meme Coin Summer...

There was a brief Memecoin Season during the last 7 days with some of the coins showing signs of life but it didn't really last. I did make some moves selling some positions and adding to others.


Sold Popcat, Boden, & Doh

In Week 13 (Link) I bought some Popcat as it came down enough hitting a support line. This with the idea to sell once it got closer to a Billion Dollar Market cap and the resistance line. This brought in some good profit as 500 Popcat at 0.2635$ (132$) I fully sold now a month later for 0.84$ each 420$. If it would come down again I might get in another position.

Popcat Week 13

Popcat Now


A failed attempt the make some profit however was Boden which feels completely dead now with no way I can see it ever returning so I dumped my bag at a loss. At least on the positive side did I stop cost-average buying in time. I will also likely get out of Tremp as I no longer see real potential in these coins that mock politicians or famous people.

Another one I partially got out of is Doh as at some point last week it was up over 300% on the day. It's always tricky with these ultra low cap coins if it's just the start as 300k can turn into 3M in no time so I hesitated and only sold part of my position (350k out of 1.6M) ever since it basically came all the way down again but it feels like a matter of time before there is another one of these pumps.


Bought SENK, LOA, REDO, & ROOST

I ended up buying some more of all the ones on my Watchlist last week Link

Out of all of those Senk is slightly up while the others went down a bit more which might have me buying some more of them.


New Week Watchlists!

My Watchlist hasn't really changed much


Current Holdings (Solana)

Week 17Week 18

Meme Coin Portfolio


Overall no real profit or loss this week and I removed both Tren and Sixpack from the list to save some time as they have gotten too small by now.

CoinChainPriceChangeHoldingValue
BRETTBASE0.1208$-9%240002899$
WIFSOLANA2.47$+2%4401086$
MOGBASE0.000001712$-14%500M856$
DONKESOLANA0.0001568$-9%5M784$
MANEKISOLANA0.009565$+7%75k717$
BENJISOLANA0.0005585$+14%1.2M670$
PONKESOLANA0.5580$-6%1000558$
SENKSOLANA0.0005216$-10%1M (+600k)521$
VCATSOLANA1.75$+20%250437$
REDOTON0.4911$-28%800 (+300)393$
USUGSOLANA0.0004667$+14%750k350$
BENJIBASE0.03247$-23%10k324$
SLERFSOLANA0.245$+14%1000245$
PENGSOLANA0.2377$-4%1000237$
LOABASE0.007717$-27%30k (+500)231$
TREMPSOLANA0.456$-6%500228$
ROOSTBASE0.003575$-23%50000 (+38k)179$
DOHSOLANA0.0001192$+44%1.25M (-350k)149$
HAPPISOLANA0.0008647$-1%160k138$
MOCHIBASE0.00001251$-19%10M125$
KEYCATBASE0.00101$-35%120k121$
BONKSOLANA0.0000275$+0%2M55$
POPCATSOLANA0.82$+5%500 (-500)0$
BODENSOLANA0.0121$-60%0 (-4000)0$
Buy Funds-----
SOLSOLANA170$-2.21375$
----Total11678$

Previous Weeks

WeekPortfolio ValueWeekPortfolio Value
Week 011680$Week 1117894$
Week 024091$Week 1213771$
Week 034256$Week 1312849$
Week 044574$Week 1412998$
Week 054631$Week 1510177$
Week 066511$Week 1610207$
Week 076461$Week 1711846$
Week 088536$Week 1811678$
Week 099829$Week 19-
Week 1014262$Week 20-
----
---Total Profit Taken
----

Conclusion

I'm still having plenty of fun with these Memecoins especially now that they start to pump again. I will see how it continues to evolve. A week is an eternity in meme coin world so I'll be back in 7 days with the next update...
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MYRO and MEW did well the past week