Meme Coins Week 53 | Market Revival ?

I managed to flip a switch over a year ago 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...

It has been another 3 weeks since my last report and right now it feels like the memecoin market is somewhat in a revival with prices pumping across the board. The main question though is if this is just a dead cat bounce or if there really is going to ve a Memecoin Super Cycle. Unfortunately I don't have the answer to that and just continue to hold without making too many movements.


Strong Memecoins


While many of the coins just continue to drop as the community just was unable to survive the pain, some actually saw a nice bounce recently indicating that they are not dead just yet and might see a major revival.

Murad still is full time shilling SPX6900 and it remains one of the coins with still quite some activity on Twitter. From the low of a 250M market cap, it's now in 3 weeks back to 585 Million.

Fartcoin which I don't own also had a bounce from the low of 0.22$ to now 0.56$. I'm looked to possibly buy some at a 200 Million market cap but it never got that low.

Keycat which I do own also performed well but it seems to now come down again from a resistance line a,d I might sell a small part of my position there.

Market Outlook

I honestly would be surprised if all the sudden Memecoins would become the main narrative again but at the same time I also don't think they are dead like previous crazes (NFTs / Play2Earn / ICOs / ...). So I continue to just hold and keep an eye on the market without the intention to make too many moves. Most likely a couple winners will take it all while it's almost impossible to find the micro gem cap that will do the insane multiples and if it happens the chance is very likely that I will sell way before the top missing out.

I do believe though that patience remains key and if things go somewhere, those who didn't capitulate during these bad times likely will be the big winners. It remains a risk/reward game and I'm not sure at all if this actually is favorable.

Current Holdings (Solana)

Week 50Week 53

Meme Coin Portfolio


100M+ COINSChainPriceChangeMCHoldingValue
SPX6900SOLANA0.6338$+39%590M20001267$
BRETTBASE0.03932$-5%389M20000786$
MOGBASE0.0000005698$+13%222M500M285$
WIFSOLANA0.5425$-2%541M500271$
POPCATSOLANA0.2479$+14%243M1000248$
PENGUSOLANA0.006985$+8%439M10k69$
BONKSOLANA0.00001440$+18%1.11B2M29$
------2955$
10M+ COINSChainPriceChangeMCHoldingValue
KEYCATBASE0.005320$+193%53M125k665$
PONKESOLANA0.1144$-3%63M3000343$
UFDSOLANA0.03993$-45%40M5000199$
BENJIBASE0.01734$-7%17M10k173$
MOCHIBASE0.00001505$-15%15M10M150$
REDOTON0.06007$+42%6M1960117$
SUNDOGTRON0.05678$+10%56M175099$
MANEKISOLANA0.001293$-7%11M75k97$
SLERFSOLANA0.06715$+1%33M125084$
CHILLGUYSOLANA0.03194$+6%32M200064$
BITCOINBASE0.059854$-21%60M100059$
RETARDIOSOLANA0.01897$-16%19M250047$
MOODENGSOLANA0.04472$-22%44M100044$
------2111$
1M+ COINSChainPriceChangeMCHoldingValue
SFCSOLANA0.005272$-10%5.2M1000052$
------52$
100k+ COINSChainPriceChangeMCHoldingValue
BENJISOLANA0.0001251$+27%125k1.2M150$
VCATSOLANA0.1032$+35%126k1000103$
JASONSOLANA0.00008523$-28%119k85M85$
USUGSOLANA0.0001038$+30%103k750k78$
AUTISMSOLANA0.0004371$-26%414k100k44$
LFGOSOLANA0.0005202$+15%520k125k64$
------524$
100k- COINSChainPriceChangeMCHoldingValue
LOABASE0.0005437$-21%54k50k27$
❤️SOLANA0.00001747$+11%17k2M35$
------62$
Total MemesTotal Buy FundsTotal Protfolio Value
5704$26$5730$

Previous Weeks


(Total Money Invested over this period is estimated to be somewhere around 12k-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$Week 476308$--
Week 3718164$Week 505218$--
Week 3816508$Week 535730$--
Week 3915009$----
Week 4014194$----


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