Meme Coins Week 47 | Continued Carnage!

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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...

There is a continued carnage in pretty much all memecoins which has put me down again now considerably compared to what I put it. This is fine though as I understand it's part of the risk and I'm willing to lose it all in worst case without really being affected. The main question now is where to go from here and if the entire memecoin thesis where they outperform the market is busted or if this actually brings a great buying opportunity. I haven't bought or sold anything in a while and I'm also not sure at the moment where to go with it all. I might make these weekly posts into monthly ones as they take up just too much time while the activity isn't what it used to be.

One thing I'm not looking to do now is to capitulate or more to a style were I'm constantly buying or selling to try and catch some pumps. I still like the Murad thesis the most that there will be at least a couple coins who will outperform everything but it remains a big gamble which ones that will be.

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 45Week 47

Meme Coin Portfolio
1B + COINSChainPriceChangeMCHoldingValue
BONKSOLANA0.00001693$-29%1.30B2M34$
------34$
100M+ COINSChainPriceChangeMCHoldingValue
SPX6900SOLANA0.6563$-39%611M20001312$
BRETTBASE0.04129$-47%409M20000825$
MOGBASE0.0000007927$-28%309M500M396$
WIFSOLANA0.5628$-56%562M500281$
PENGUSOLANA0.009394$-40%590M10k94$
POPCATSOLANA0.2439$-30%239M1000244$
------3152$
10M+ COINSChainPriceChangeMCHoldingValue
KEYCATBASE0.003308$-38%33M125k413$
PONKESOLANA0.1344$-15%74M3000403$
BENJIBASE0.03116$-25%31M10k312$
UFDSOLANA0.03204$-74%32M5000160$
MOCHIBASE0.00001603$-53%16M10M160$
MANEKISOLANA0.001688$-48%15M75k127$
SLERFSOLANA0.1005$-30%50M1250125$
REDOTON0.06011$-37%10M1960118$
BITCOINBASE0.0821$-35%82M100082$
RETARDIOSOLANA0.03223$-20%32M250080$
CHILLGUYSOLANA0.02893$-46%28M200058$
MOODENGSOLANA0.05752$-44%57M100057$
SUNDOGTRON0.03269$-37%33M175057$
------2152$
1M+ COINSChainPriceChangeMCHoldingValue
SFCSOLANA0.004483$-51%4.4M1000045$
------45$
100k+ COINSChainPriceChangeMCHoldingValue
JASONSOLANA0.0001681$-28%168k1M168$
BENJISOLANA0.0001114$-42%111k1.2M133$
VCATSOLANA0.1260$-34%154k1000126$
USUGSOLANA0.0001445$-22%144k750k108$
LFGOSOLANA0.0007319$+16%731125k91$
AUTISMSOLANA0.0008124$-43%811k100k81$
------707$
100k- COINSChainPriceChangeMCHoldingValue
LOABASE0.0008874$-35%88k50k44$
❤️SOLANA0.00005747$-51%57k2M115$
LOA on SolanaSOLANA0.0004272$-52%21k50k21$
------180$
Total MemesTotal Buy FundsTotal Protfolio Value
6270$38$6308$

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$----
Week 3816508$----
Week 3915009$----
Week 4014194$----
hive-167922 crypto money investing memes bbh neoxian proofofbrain inleo ecency
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11 comments
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Yeah, it has been brutal! Today Near and Ondo are showing some signs of life and even ETH is up over 2% hopefully we will get more of a bull market soon.

While we are waiting for that I decided to commit more to HIVE and invested into a Hive witness node.

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I'm quite pleased with Hive as an investment as it at least allows to earn more than what it inflates at when you are active. At the same time, the lack of incentive for users to actually buy and stake Hive combined with all the post payouts that are mostly sell pressure makes me cautious.

I guess the best way to go about it is to just lease Hive Power, from what I experience the ones how fill the lease on hive engine need to manually claim it back so when they don't do that the lease stays at no cost until they do (not 100% sure but that is what it feels like)

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Hmm... I was looking at leasing some Hive, but at 9.35% APR it is higher than the 8-9% APR I usually get on my curation. How do you make it work hope that the lease is not cancelled in time so you actually get a higher APR than what you are paying for the lease?

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I still have 2000 HP leased to me at no cost and it's been almost a year I think. I guess the trick is to have multiple smaller leases and hope some of them don't get canceled. The fact that you have higher HP usually also means you'll get more upvotes on your posts which compensate for the slight loss in curation. Overall if you are active on hive and below a certain range below 50-100k HP, I guess it's always +EV to delegate. Once higher it likely won't lead to more as it gets exponentially harder to get more upvotes once your posts already do reasonably well.

good luck!

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