Otherside is a next-generation token economy made up of 74 onchain resources.
The only way in and out of the Otherside economy is $APE.
Kodas and Voyagers, along with Otherdeed environments, play a central role.
Here are some of the top Cardano memes and their market caps in USD:
SNEK - 552 million
HOSKY - 114 million
SUGAR - 9.4 million
BABYSNEK - 8.8 million (wtf? Lol)
NIKE - 7.3 million
CHAD - 5.3 million
FREN - 5 million
DANZO - 4 million
MOGI - 2 million
SHARL - 1 million
As we get more eyes on Cardano, they will flock to these memes.
Is there anything that I missed?
many tried to shoot the messenger when i tried explaining last week
it's like $SHIB last cycle
to this day many deride it as one of the most boring memes to ever exist ('it isn't a good meme!')
yet SHIB's peak market cap of $43b is likely more than that of every shiny memecoin this cycle combined (including the 'good memes')
what did it for SHIB?
- UNIT BIAS (this contributed to SHIB flipping DOGE temporarily, which was unprecedented and something literally no one expected)
- being on all the right, liquid CEXs (Binance, Coinbase, Robinhood, Upbit, etc)
- it was a dog & people like dogs (not some esoteric 'cult' but a literal dog that EVERYONE can relate to)
ofc the above is oversimplifying things to an extent: SHIB was also in the right place in the market at the right time, had marketing targeted at doge holders, benefited from the Elon factor, had a strong community, etc. however, almost every memecoin has most of these to an extent
the importance of being a simple/dumb meme with good unit bias and on a liquid CEX is extremely underrated on CT
CT likes to pontificate about how their memecoin is superior to some other memecoin that 'isn't even a meme!' and how that's the only thing that matters to retail ('they will look at the picture, like it, and buy') as if they will be the ones clicking the buttons for retail when they come
fwiw i think $WIF is undervalued here where it is, i never attacked WIF and never would (i have almost 7 figs on the line), and i still think it's going to *AT LEAST* $10 billion market cap this cycle
however, the next time someone talks about your coin and all you can do is attack and get defensive... perhaps it's best to reevaluate your thesis and understand why you're holding that coin in the first place
to this day, all of CT including all the past main characters have always put my top memecoin picks (i.e. $FLOKI & $BONK) at the bottom of their tier list or completely omitted it. some have even outright called them trash!
not once have i attacked or ridiculed these guys
because i know what i'm holding and i know they sure as hell ain't the target audience for my bags, retail is!
i won't always be right with my memecoin picks, but when i'm wrong the market will punish me (and i'll happily take the loss!)... not some CT randos ululating in an echo chamber insisting that what they preach is the gospel and anything otherwise is heresy