Betting on $COLON: The OG of all dog memecoins! ๐ถ
Before Doge, there was Colon - the true father of the meme revolution.
Featured by Kabosu's owner, Colon paved the way for Doge and all others.
https://t.co/Hv3aVyRqGq
I don't want to jump too fast to conclusions but I think there is a good chance $Omnom gets some big support from the Doge Chain team. Omnom is by far the biggest winner of the initiative, and now with ordinals, "memes on doge" is clearly the best angle that can be taken for the chain.
This means, that $omnom could potentially, with the right support from the @DogechainFamily (and here I am making proposals more than anything):
- Have a big boost in liquidity onchain
- Be added to ETH mainet (same way DC has been) which would bring this to a much bigger audience onchain
- Have it listed on bigger tier/US friendly centralized exchanges
- Lastly but not least, having the support of the DC community, those who had the vision to make doge a bigger thing than what it is, would obviously, I believe help both projects to expand hand in hand.
Let's say things as they are, the best marketing tool is a memecoin pumping to infinity, the leaders of the biggest L1 and L2 have understood this and are taking steps in the direction I proposed above. So I think this will ultimately happen and will close the loop and bring the last ingredients to make $omnom a very big success as the "1st meme coin on $doge ".
omnom thoughts
I am not one to post much, but I feel it will be a disservice to the OMNOM community if I donโt. @arrogantfrfr has already laid out an extremely well thought out thesis days ago. I would like to add some further thoughts on this.
1. Doge will be the BTC of the meme cycle. BTC has outperformed any other L1/blue chips this cycle. It was under allocated because CT preferred ETH, SOL. Now that we are in meme season, the first ones which started to rally were WIF, BONK, SHIB, PEPE because of the liquidity in those ecos. Doge has rallied, but nowhere to the same degree. The expectation is that Doge is too last cycle, retail will go to the new ones. Perhaps, but by the time they come, they will look at the chart and see where Doge is compared to the new coins. Guess which they will choose. Absolute mcap doesnโt matter, perceived/relative value to historical does because it sets an arbitrary tp level. Additionally, 'Doge to $1' itself is a meme, and with the amount of liquidity we are seeing this cycle, Iโll say we surpass that and that will be a 10x from here for Doge.
2. High tide lifts all boats, just as how WIF, BONK accelerated as SOL increased in price, the wealth effect for Dogecoin holders will be onto Dogechain. And right now, the bluechip and first meme on there is OMNOM. If you want to get beta to Doge as your main meme play, you also want to get exposure to OMNOM.
3. The deafening silence I am observing on OMNOM, and itโs understandable. CT influencers will only shill what they have already accumulated, OMNOM has gone up so fast that there has been hardly any dips to load up on. Liquidity is also not great right now. Look at the price action and the chart. New buyers are not selling, the wallets who sold are the old holders who were OTM for 2 years. But these dumps get bought up so quickly. This distribution to new holders with much higher price target levels are healthy. The cabal of shitcoin influencers are busy rotating you through a bunch of p&ds on SOL meme plays. You want to load up on one memecoin you donโt have to second guess where to offload and take profits before they dump on you. OMNOM is a long game, this is SHIB in Mar21, but you wouldnโt believe it. Study the similarities.
4. What else is more meme-able than a coin that is literally created to chase the other dog coins in ranking. We are currently at 18Mcap, with 18 dog coins in front of us. 7 <100m mcap, 6<1b mcap 5>1b cap. This is an under-dog trade for the ones who dream, for the ones who want a shot at generational wealth, for the ones who want to fight back against the cabal of mercenary shitcoin influencers who rinse you for a living.
Omnomnom, we eat zeros, and we are coming for you
$omnom $doge