i've always viewed social awareness as one of the biggest edges in memecoin trading
being early to viral trends matters, but understanding who's behind the attention and how committed the community is can be just as important
i pay close attention to holder distribution, community activity and the social capital of people associated with a coin
those factors can help explain why certain memes sustain attention while thousands of others fade away
Green Monday ๐ข
$BTC and $ETH see small gains as "Black Monday" fears ease on the 39th anniversary of the 1987 crash.
Will the gains hold through the US open?
๐จ While everyone is betting on Black Monday, this whale just opened a $110 million $BTC long with 40x leverage.
Does he know something the rest of the market doesn't?
BREAKING: $BTC just fell to 81,000 while $ETH dropped below $2,400.
Over $115 million worth of longs liquidated in the past 60 minutes.
Even on the weekend we see a leverage flushโฆ
BILLIONAIRE MICHAEL SAYLOR SAYS STRATEGY "WILL BE INCORPORATED" INTO THE S&P 500 INDEX
"WE WILL BE INCORPORATED INTO MORE AND MORE INDEXES"
MATTER OF TIME ๐
๐จ HUGE CRASH: Next week will be crucial for markets.
The U.S. stock market has a HUGE problem beneath the surface.
5,000 stocks are down 20%+ from their 52-week highs.
Nearly 4,000 are down 40%+.
Thousands of individual stocks are getting destroyed. And with the major indices starting to fall too, things could escalate fast.
This could drag other markets down with it.
if i could hold only ONE memecoin heading into this bull run
it's $USELESS
and it's not even close
study $DOGE & $SHIB in 2021
then study $PEPE & $BONK last cycle
every cycle has its defining memecoin runners
i believe $USELESS is shaping up to be THE ONE for this cycle
and not having exposure before the crowd catches on could end up being a VERY painful mistake for many
time will tell
JUST IN: BILLIONAIRE REAL ESTATE TITAN GRANT CARDONE JUST BOUGHT $5,000,000 WORTH OF #BITCOIN
HE'S NOW HOLDING NEARLY 3,000 BTC
HE KEEPS BUYING EVERY DIP
THIS IS THE WAY ๐
i pay more attention to how a memecoin community behaves during a 70-80% drawdown than when the price is going up
the strongest communities tend to stay active, keep creating content and bring in new people even when momentum disappears
attention drives memecoins, but i believe the ability to sustain that attention through difficult periods is one of the most important things to look for