Meme Flavor Of The Week!
The big coin that went from Nowhere making Millionaires last week was $CHILLGUY, it does feel kind of impossible to get in these early so it's always a risk/reward consideration to get in late after there has been an original retrace. this happened going from 560M Market cap to a 220 Market cap touching the 0.618 Fib level which would have been the entry point as it went to 800 Million later on. The 430 Million level now would be the next bounce on a dip but each next level is getting harder and a bigger risk of just collapsing as the interest might drop given how quickly these tend to fade out.
Looking at other more recent flavor of the week coins, $FWOG is down -35% since the high, $GOAT is down 33% since the peak, $PNUT is down 58% since the peak, &$MOODENG is down 50% since the high. Each time a new one comes to life if kind of rotates money out from the older ones. So it's a tricky game that I'm not sure that I want to play.
Adding To Positions!
The market had somewhat of a dip and I used some outside funds to increase on some of my positions in total around 800$ worth I estimate. I do feel that I'm close to done allocating more money though it it does all remain very high risk while there is no guarantee that there will be a memecoin supercylce and the ones that I hold will be part of it. For all I know, I am the exit liquidity right now already.
I've been adding a bit of $SPX each week as the price is cooling down after the initial major pump. I still like the narrative around of and it does have the next Memecoin Messias behind it with Murad. So I feel like now there is some rotation from old bag holders to new ones who aren't going to be willing to sell at a loss. once this is over, it should be possible to make the next leg higher.
At the same time though, it might all turn out into a big nothing burger. I might add a bit more to it as I'm still not too much invested but I will see how it goes.
$SFC I doubled on my position having an even 10k SFC now, I can't say that I'm fully sold on this one but I still kind of like the chart and likely should take some profit if it goes above 0.16$.
$SLERF was on my watchlist and it broke out on the 0.618 fib after which I kicked myself for not getting in but it did drop back down which made me add some more. I still have a small position but think this one is undervalued based on the unique position it has with the very high locked liquidity. I do anticipate at some point for this to become a good selling point.
$AUTISM is also one I added to quite a bit after initially fomo-ing in on the top. This makes me more and more realize that the only real way to buy coins is on big dumps as they always happen at some point as a single person wanting to take big profit can dump the price by 80% while not that much needs to be bought up to restore the price.
$VCAT is one of those coins that I accumulated 8 months ago and held ever since seeing it go from 5$ t0 10$ to 1$ to 8$ to 3$ to 8$ to 2$ to 6$ to 0.83$ to 2.5$ to 0.65$ to 4$ to 1.6$ to 3.2$ to 1.4$ to 2.8$ now going as low as 0.45$. So if the trend continues ut should at least go back to 2$ at some point in time. That reasoning made me add more this time with the intention to actually sell some in case there is another pump. It remains a recognisable meme but at the same time there are very few ways for retail to actually find an buy it.
I also bought 1000 extra $Retardio which still is on a higher high and higher low trajectory
New Week Buys !
$POPCAT is one that I successfully got in and out of when it was trading a lot lower but I missed my entry point to get back in to see it run crazy high. Now that the price came down around -40% to the top I did buy a little bit pure ouf of FOMO as I don't want to kick myself in case this is one of the coins that ends up doing really well. At the same time with a 1.26 Billion dollar market cap, how much edge is there still as it's unlikely to do a 100x from here while not too much needs to happen for coins like this to go all the way down. Everyone is also anticipating for this one to get a big exchange listing and it does seem to be quite popular.
BRETT Real Yield on Just.Bet !
It looks like the BRETT pool finally got fixed today which brought a pleasant surprise as the 10000 BRETT I allocated to it now is worth 19000 BRETT so really nice profit also knowing the price went up a lot since I bought extra. It's only 20% of the profit going to liquidity providers though so I likely will reduce my exposure to swings a bit there taking out at least 9000 BRETT. I'm still quite comfortable with the big position I have as the chart does still look quite good and a listing on Coinbase looks like a matter of time.
It also looks like WINR PROTOCOL partnered with KLAUS which is now enabled as a currency to gamble with and for holders to provide liquidity to possibly earn income from it. I do fear this one might become something of a dead weight. I know Crypto Banter shilled it for a while but at the same time there was a report that this one just has a lot of insiders holding the majority of the supply in many different wallets. so for now I'm holding off.
Watchlist!
I don't really have a watchlist for the coming week even though I might look to add some to existing positions
Current Holdings (Solana)
Week 35 | Week 36 |
---|---|
Meme Coin Portfolio
Coin | Chain | Price | Change | Holding | Value |
---|---|---|---|---|---|
BRETT | BASE | 0.1706$ | +22% | 39000 (Variable) | 6653$ |
WIF | SOLANA | 3.15$ | +2% | 500 | 1575$ |
MOG | BASE | 0.000002528$ | +20% | 500M | 1264$ |
PONKE | SOLANA | 0.5463$ | -17% | 2000 | 1092$ |
JASON | SOLANA | 0.001049$ | +4% | 1M | 1049$ |
KEYCAT | BASE | 0.007926$ | -18% | 120k | 951$ |
MANEKI | SOLANA | 0.01000$ | -12% | 75k | 750$ |
SPX6900 | SOLANA | 0.5409$ | +9% | 12500 (+250) | 676$ |
REDO | TON | 0.2751 | -3% | 1960 | 539$ |
BENJI | SOLANA | 0.0004345$ | -25% | 1.2M | 434$ |
SFC | SOLANA | 0.03898$ | +7% | 10000 (+5000) | 389$ |
LOA | BASE | 0.007351$ | -3% | 50k | 367$ |
MOODENG | SOLANA | 0.3659$ | -14% | 1000 | 366$ |
USUG | SOLANA | 0.0004609$ | -16% | 750k | 345$ |
SLERF | SOLANA | 0.2726$ | -5% | 1250 (+250) | 340$ |
BITCOIN | BASE | 0.2574$ | +27% | 1000 | 257$ |
BENJI | BASE | 0.02466$ | -31% | 10k | 246$ |
RETARDIO | SOLANA | 0.1199$ | +2% | 2000 (+1000) | 240$ |
VCAT | SOLANA | 0.4629$ | -50% | 500 (+250) | 231$ |
PENG | SOLANA | 0.1575$ | -3% | 1000 | 157$ |
AUTISM | SOLANA | 0.003863$ | -11% | 40000 (+27500) | 154$ |
POPCATI | SOLANA | 1.30$ | New | 100 (+100) | 130$ |
MOCHI | BASE | 0.00001250$ | -22% | 10M | 125$ |
LOA on Solana | SOLANA | 0.001910$ | +28% | 50k | 96$ |
BONK | SOLANA | 0.00004435$ | -15% | 2M | 89$ |
ROOST | BASE | 0.001761$ | -11% | 50000 | 88$ |
❤️ | SOLANA | 0.00007402$ | -36% | 1M | 74$ |
DOH | SOLANA | 0.00004343$ | -14% | 1.25M | 54$ |
LFGO | SOLANA | 0.002121$ | -22% | 25k | 53$ |
MAMBA | BASE | 0.0001131$ | -40% | 320k | 36$ |
HAPPI | SOLANA | 0.0001579$ | -32% | 160k | 25$ |
Buy Funds | - | - | - | - | - |
SOL | SOLANA | 240$ | - | 0.01 | 2$ |
- | - | - | - | Total | 19342$ |
Previous Weeks
(Total Money Invested over this period is estimated to be somewhere between 9k and 11k)
Week | Portfolio Value | Week | Portfolio Value | Week | Portfolio Value |
---|---|---|---|---|---|
Week 01 | 1680$ | Week 11 | 17894$ | Week 21 | 7385$ |
Week 02 | 4091$ | Week 12 | 13771$ | Week 22 | 8204$ |
Week 03 | 4256$ | Week 13 | 12849$ | Week 23 | 8835$ |
Week 04 | 4574$ | Week 14 | 12998$ | Week 24 | 8310$ |
Week 05 | 4631$ | Week 15 | 10177$ | Week 25 | 9651$ |
Week 06 | 6511$ | Week 16 | 10207$ | Week 26 | 9416$ |
Week 07 | 6461$ | Week 17 | 11846$ | Week 27 | 12083$ |
Week 08 | 8536$ | Week 18 | 11678$ | Week 28 | 10080$ |
Week 09 | 9829$ | Week 19 | 10889$ | Week 29 | 10676$ |
Week 10 | 14262$ | Week 20 | 8856$ | Week 30 | 11882$ |
- | - | - | - | - | - |
Week 31 | 11352$ | - | - | - | - |
Week 32 | 10812$ | - | - | - | - |
Week 33 | 12244$ | - | - | - | - |
Week 34 | 15155$ | - | - | - | - |
Week 35 | 16936$ | - | - | - | - |
Week 36 | 19342$ | - | - | - | - |