Meme Coins Week 44 | Trump Liquidity Drain...

in #hive-167922yesterday

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...


Trump Coin Liquidity Drain

The main story last week was trump who released his own coin which had just many holders sell their other coins to buy that one which kind of crashed the market aside from some exceptions. I was up quite late while it launched in the night around 03:00 and by the time I first saw it, it was at 17$ and it took me some time to be convinced that it was legit.Knowing the US had yet to wake up to it I did convert some SOL into it assuming it would at least go to half the market cap of doge at a fully diluted supply. About half a day later I sold for I believe 40% profit which I was happy with

I didn't really bother with this coin afterward and especially the moment Melania also came with a coin made it all a joke. I also have no clue how to interpret all of it and the 80% that is yet to be unlocked. the moment even 1 of those coins get sold the coin will dump mega hard. At the same time, they can't just burn it as they provided a lot of liquidity and the opening price of the coin was quite high already. So Basically I will be staying away from this one as it's just way too high in market cap.


2 increased Position Buys

I've been wanting to buy a bit extra $LFGO as that community still seems to be going strong while many others just vanished. It simply felt worth the gamble at a 800k market cap and I increased the stake x5. I'm now in for a total of 206$ owning 125k LFGO while it's currently worth 148$ so an absolute minimum loss so far.

I also could not resist picking up some more $POPCAT which really suffered from the Trump drain going quite some damage dropping it to 0.4$ while once this was at 2$+. It is a Murad coin and I can see it doing a comeback at some point while it was as something that can be seen as a support line depending on how you draw the lines.


Watchlist!

I'm still watching $Fartcoin after missing my 0.6$ entry and if somehow it would go back to 1$-1.1$ I might end up buying some as I can see it as one of the coins that could be a winner this cycle. it also felt like it was helped by the trump coin and many of the new people likely already heard of it.

$ RETARDIO which is anotherMurad coin also feels like in a zone where it might be worth to add a bit

I also still like $AUTISM which feels like it is setting a higher base to possibly make another explosion to the upside.

Current Holdings (Solana)

Week 43Week 44

Meme Coin Portfolio


1B + COINSChainPriceChangeMCHoldingValue
SPX6900SOLANA1.43$+36%1.33B20002860$
WIFSOLANA1.43$-16%1.43B500715$
PENGUSOLANA0.02594$-25%1.63B10k259$
BONKSOLANA0.00003254$+14%2.48B2M65$
------3899$
100M+ COINSChainPriceChangeMCHoldingValue
BRETTBASE0.09148$-25%906M200001830$
UFDSOLANA0.3061$+32%306M50001530$
MOGBASE0.000001777$-11%694M500M888$
PONKESOLANA0.2155$-25%118M3000646$
POPCATSOLANA0.6032$+2%591M1000 (+400)603$
BITCOINBASE0.1686$-10%168M1000168$
MOODENGSOLANA0.1510$-24%149M1000151$
------5816$
10M+ COINSChainPriceChangeMCHoldingValue
KEYCATBASE0.004387$-1%44M125k548$
MANEKISOLANA0.003873$-7%34M75k290$
BENJIBASE0.02548$+4%25M10k254$
REDOTON0.1125$-25%11M1960220$
SLERFSOLANA0.1588$+1%80M1250198$
RETARDIOSOLANA0.07731$-12%77M2500193$
CHILLGUYSOLANA0.0877$-30%87M2000175$
SFCSOLANA0.01512$-33%15M10000151$
MOCHIBASE0.00001241$+0%12M10M124$
SUNDOGTRON0.06593$-18%65M1750115$
------2268$
1M+ COINSChainPriceChangeMCHoldingValue
AUTISMSOLANA0.002035$+18%2M100k203$
LFGOSOLANA0.001184$+38%1.1M125k (+100k)148$
------351$
100k+ COINSChainPriceChangeMCHoldingValue
JASONSOLANA0.0003423$-38%342k1M342$
❤️SOLANA0.0001679$+185%167k2M335$
VCATSOLANA0.2365$+1%289k1000236$
BENJISOLANA0.0001465$+3.3%146k1.2M175$
USUGSOLANA0.0002277$+0%230k750k170$
LOABASE0.001214$-16%140k50k60$
------1318$
100k- COINSChainPriceChangeMCHoldingValue
LOA on SolanaSOLANA0.0008808$+37%43k50k44$
RiZZSOLANA0.00003356$+30%36k1M33$
HAPPISOLANA0.00006691$+53%66k160k10$
------87$
Total MemesTotal Buy FundsTotal Protfolio Value
13729$21$13750$

Previous Weeks


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

Posted Using INLEO

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$Week 4413750$--
Week 3516936$----
Week 3619342$----
Week 3718164$----
Week 3816508$----
Week 3915009$----
Week 4014194$----
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Trump dump

I also like POPCAT and RETARDIO at these Levels. They should do a Comeback at some point this bullrun. 🤝🏻

My most anticipated post to read this week. I was very interested to hear ya thoughts on the whole $TRUMP and $MELANIA coin debacle.

I caught some of it on social media and wasn't involved, but well done and riding it to profit. I see many also got burnt as well!