Meme Coins Week 45 | Portfolio -23% Drop!

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...

Terrible week in the memecoins for me as everything pretty much continues to dump which is quite frustrating as the portfolio dropped with -23% putting me back down on my investment. It's been a quite frustrating 45-week-long journey so far as it feels to win With memecoins, you either need to go all in on 1 coin early enough that then ends up doing well or you need to trade in and out of positions all the time as almost every pump ends up dumping again. Having too many memes also highly increased the number that get rugged, hacked, screwed, replaced, die out.


Meme Story Of The Week

The only real story that I picked up last week in terms of outperformed was toshi which out of the blue got listed on Coinbase. I didn't own it while I do own Basenji (+64%), Keycat (+22%), Moshi (+176%) which also went up I assume out of anticipation of a listing. BRETT (-15%) continues to go down week by week while if feels like everyone sees that as the main memecoin on Base which also has most holders.


General Performance

$UFD main dev got hacked and lost 0.65% of the supply which got dumped in 1 go and was partially bought back up. From what I saw, he accepted a link to a zoom call and pressed something to share screen by the scammers which did the trick. I do see it recovering though as Rontoshi is by far the most wholesome person in crypto who will keep going. There have also been donations and this coin really feels like it qualified for the murad narrative. While I thought about selling at 300M market cap, I didn't want to take the risk while right now it's closer to 100M market cap again after the dump and more than a million needs to come in of hardcore holders to make up for it which won't be that easy.

$JASON more or less completely rugged his coin (twice) now after removing the contract address from his wallet. I just can't grasp how much of a douchebag you can be to act like this. Silently I still hope that it's all part of the plan to only keep the hardcore believers with him doing a 1-click Million dollar buy getting back to it after everyone got shaken out. However, this would also be scummy as many who just read all the signs that he wanted to show that sold then missed of. The only conclusion I have on this one is that Jason Derulo is just a terrible person and I hope that Karma catches up to him after what he pulled. At the same time I'm also at a point where my trust in people is at an all time low.


Watchlist!

I don't feel like buying more right now as it feels like maybe aside from a temporary pump, it's a guarantee to go lower. At the same time, this feeling usually is also the sign to buy more. Everything is just very counter intuitive and I'm not quite sure where to go the coming weeks

Current Holdings (Solana)

Week 43Week 44

Meme Coin Portfolio


1B + COINSChainPriceChangeMCHoldingValue
SPX6900SOLANA1.07$-25%1.00B20002140$
WIFSOLANA1.27$-12%1.27B500635$
PENGUSOLANA0.0158$-40%1.00B10k158$
BONKSOLANA0.00002386$-27%1.82B2M47$
------2980$
100M+ COINSChainPriceChangeMCHoldingValue
BRETTBASE0.07791$-15%772M200001558$
UFDSOLANA0.1222$-60%122M5000611$
MOGBASE0.00000111$-38%433M500M555$
POPCATSOLANA0.3482$-42%341M1000348$
BITCOINBASE0.1266$-25%126M1000126$
MOODENGSOLANA0.1040$-32%102M1000104$
------3332$
10M+ COINSChainPriceChangeMCHoldingValue
KEYCATBASE0.005367$+22%54M125k671$
PONKESOLANA0.1577$-27%86M3000473$
MOCHIBASE0.00003426$+176%34M10M342$
BENJIBASE0.04177$+64%41M10k417$
MANEKISOLANA0.003267$-16%28M75k248$
REDOTON0.09569$-15%10M1960187$
SLERFSOLANA0.1453$-8%72M1250181$
CHILLGUYSOLANA0.05341$-40%53M2000106$
RETARDIOSOLANA0.03982$-48%39M250099$
SUNDOGTRON0.05196$-21%52M175090$
------2814$
1M+ COINSChainPriceChangeMCHoldingValue
AUTISMSOLANA0.001421$-30%1.4M100k142$
SFCSOLANA0.009265$-40%9M1000093$
------235$
100k+ COINSChainPriceChangeMCHoldingValue
JASONSOLANA0.0002349$-31%235k1M235$
BENJISOLANA0.0001913$+31%191k1.2M229$
VCATSOLANA0.1902$-20%232k1000190$
USUGSOLANA0.0001857$-19%185k750k139$
LFGOSOLANA0.0006277$-47%627k125k78$
LOABASE0.001063$-12%106k50k53$
------924$
100k- COINSChainPriceChangeMCHoldingValue
❤️SOLANA0.0000821$-51%82k2M164$
LOA on SolanaSOLANA0.0008808$-12%38k50k44$
HAPPISOLANA0.00005236$-36%52k160k8$
------216$
Total MemesTotal Buy FundsTotal Protfolio Value
10501$44$10545$

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$Week 4510545$--
Week 3619342$----
Week 3718164$----
Week 3816508$----
Week 3915009$----
Week 4014194$----
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