Meme Coins Week 43 | Playing The Waiting Game...

in #hive-1679226 days 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 keeping track of what's happening in the space while keeping track of my Portfolio...


The Main Memecoin Trend

The trend right now is that memes continue to lose a bit of ground overall with a selective few getting hot an a lot of volatility last week because of the Bitcoin Dump. It remains an attention game and I'm kind of starting to doubt the buy an hold strategy and so many of them at one point where hot and just lost all the attention. This while it is very questionable if this attention will ever come back. In that regard, I can follow the thesis of Murad who wants coins with a battle-tested community who survived multiple 80% pullbacks and traded below 10 Million for some time.

So most coins that I hold continue to slowly but surely bleed out as the attention fades away but for now I just continue to hold as I'm still hoping for at least some of them to have a big revival. Betting on the winners and taking profit on the pumps which always come back down to buy back more seems to be the winning strategy but it's easier said then done.

Overall I'm still just playing the waiting game for at least 1 of the coins that I own to do a nice multiple at some point.


Missed Fartcoin Entry

I mainly kept my eye on Fartcoin as I do see it as potentially one of the coins that will survive. At the same time GOAT which used to be the hot AI meme coin dropped all the way back to 0.38$ while it used to be where Fartcoin is about now.

Last week wrote this about Fartcoin

I told myself that I was going to buy some if it dropped back to 1$ but now I'm starting to get greedy and want the 0.67$ price.

It turned out that it retraced to the 0.618 Fib level and I was going to buy a couple 100$ worth around 0.70$ but went for a walk firsthand by the time I was back it was already up +25% and by now it's back at 1.13$. So I just accept that I missed that entry


Watchlist!

I'm still watching LFGO which I will probably triple down on as another moonshot gamble given how low it went. Aside from this I'm not really looking to buy or sell anything.

Current Holdings (Solana)

Week 42Week 43

Meme Coin Portfolio


1B + COINSChainPriceChangeMCHoldingValue
BRETTBASE0.1227$-3%1.21B200002454$
SPX6900SOLANA1.05$-22%1B20002100$
WIFSOLANA2.71$-6%2.47B500855$
PENGUSOLANA0.03467$-3%2.19B10k346$
BONKSOLANA0.00002853$-2%2.22B2M57$
------5812$
100M+ COINSChainPriceChangeMCHoldingValue
UFDSOLANA0.2335$+71%233M50001167$
MOGBASE0.000001998$-11%780M500M1000$
PONKESOLANA0.2887$+2%158M3000866$
POPCATSOLANA0.5904$-8%578M600356$
CHILLGUYSOLANA0.1257$-17%126M2000251$
MOODENGSOLANA0.1980$-11%196M1000198$
BITCOINBASE0.1881$+0%188M1000188$
------4026$
10M+ COINSChainPriceChangeMCHoldingValue
KEYCATBASE0.004431$+36%44M125k553$
MANEKISOLANA0.004169$-3%37M75k313$
REDOTON0.1496$-5%15M1960293$
BENJIBASE0.02456$+31%24M10k245$
SFCSOLANA0.02255$+12%22M10000225$
RETARDIOSOLANA0.08830$+27%88M2500221$
SLERFSOLANA0.1577$-1%80M1250197$
SUNDOGTRON0.08076$-12%92M1750141$
MOCHIBASE0.00001241$+56%12M10M124$
------2312$
1M+ COINSChainPriceChangeMCHoldingValue
AUTISMSOLANA0.001718$-28%1.7M100k171$
------171$
100k+ COINSChainPriceChangeMCHoldingValue
JASONSOLANA0.0005503$+4%550k1M550$
VCATSOLANA0.2329$+13%284k1000233$
BENJISOLANA0.0001418$-16%141k1.2M170$
USUGSOLANA0.0002277$-20%230k750k170$
LOABASE0.001451$+0%145k50k73$
LFGOSOLANA0.0008565$-30%850k25k21$
------1217$
100k- COINSChainPriceChangeMCHoldingValue
❤️SOLANA0.00005878$-8%58k2M118$
RiZZSOLANA0.00002571$-16%251M25$
LOA on SolanaSOLANA0.0006421$-6%31k50k20$
HAPPISOLANA0.00004371$-30%61k160k7$
------170$
Total MemesTotal Buy FundsTotal Protfolio Value
13708$4$13712$

Previous Weeks


(Total Money Invested over this period is estimated to be somewhere around 13k-14k)

WeekPortfolio ValueWeekPortfolio ValueWeekPortfolio Value
Week 011680$Week 1117894$Week 217385$
Week 024091$Week 1213771$Week 228204$
Week 034256$Week 1312849$Week 238835$
Week 044574$Week 1412998$Week 248310$
Week 054631$Week 1510177$Week 259651$
Week 066511$Week 1610207$Week 269416$
Week 076461$Week 1711846$Week 2712083$
Week 088536$Week 1811678$Week 2810080$
Week 099829$Week 1910889$Week 2910676$
Week 1014262$Week 208856$Week 3011882$
------
Week 3111352$Week 4112453$--
Week 3210812$Week 4215204$--
Week 3312244$Week 4313712$--
Week 3415155$----
Week 3516936$----
Week 3619342$----
Week 3718164$----
Week 3816508$----
Week 3915009$----
Week 4014194$----
Sort:  

!BEER

Memecoins will come back but These days the correction mode is still on. SPX6900 had a nice run nevertheless. ✌🏻


Hey @costanza, here is a little bit of BEER from @thehockeyfan-at for you. Enjoy it!

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