@_Ragnar_0123 Appreciate it ๐ 2 Near gamble for the art and lolz, win some and lose some I guess.
Near eco does need a solid pfp nft collection though, will be keeping a lookout if things start heating up. Iโve got a few ideas ๐
Here is how I think a meme could run to 10m in the $NEAR trenches:
Dev waits until there is solid growth on $HOOT or $NEARLY and launches on whatever is hot.
HAS to be something genuinely interesting related to Near eco lore.
Snipe 30% of supply, burn 10% at 100k, 1m, and 5m, lock tokens until then (if possible).
1% buy / 2% sell tax, fees go to 25% buybacks / 25% burns and 50% to holders paid out " insert new token on near intents " (most likely pearl)
Bam. 10M. Dev makes money same way as everyone else. No side wallets. Sizes in at reasonable mcap not at 5k.
I think the burn aspect is the real key. Most of these tokens we see are burning basically nothing. Burn some real supply 10-40%. Lose some real money as a dev so you show the community you're committed.
Alternative thesis:
Founder of https://t.co/ZxLrIOHR5X @cudam321 launches $UNRLZD and it does indeed save the trenches. 10m coded.
I have a lot to say about this product and founder and will be posting a full deep dive in the coming days. If there is one dev I have 100% conviction in, it is @cudam321 , more soon.
Protocol Update
https://t.co/Vq7ilIP5Um has rolled out three updates, approved through the https://t.co/Vq7ilIP5Um DAO.
Nearly Holder rewards
10% of every new launch's fees now goes to Nearly holders, paid in NEAR.
โข Every new launch splits its fees 60% creator, 20% protocol, 10% referral pot and 10% Nearly holders
โข Rewards are paid in NEAR every hour, based on holdings
Creator fees in NEAR
Creators now receive their fees in NEAR on every launch, including existing launches.
$BATMAN pair
Tokens can now be launched paired with BATMAN on https://t.co/Vq7ilIP5Um.
This past week / weekend I made 100 different trading mistakes. 99% of the time your gut/research screams at you but you do it anyway.
Overotation of my bags, fudding myself, following the hypeโฆall obvious in the moment and especially in hindsight.
The bags I held my conviction in and traded based off my own thesis were successful.
A lesson I continue to learn
you will make much more money figuring out what may go right rather than what may go wrong
the former requires a willingness to look foolish, which is why most people are afraid of it
I WILL NOT BUY THE PEAK
I WILL NOT BUY THE PEAK
I WILL NOT BUY THE PEAK
I WILL NOT BUY THE PEAK
I WILL NOT BUY THE PEAK
I WILL NOT BUY THE PEAK
I WILL NOT BUY THE PEAK
It looks like $HOOT is continuing the rampage into the start of the week, expecting $NEARLY mcap to stay suppressed until a new runner spawns on the launchpad or hoot cools off.
Position accordingly
With $HOOT hitting their 2x and a new ATH (let's goooo), solana:5Upkgkqx9nZJGDCz4Kgo8tiT995Gu1PiF7AGMQbBxEg traders are rotating over to $HOOT coins - I will be adding more around 2M. Expecting people to be taking profits over the next day or two on hoot.
Following the hype can only get you so far and often leads to overrotation and FOMO. Seeing where the opportunity is ๐
solana:5Upkgkqx9nZJGDCz4Kgo8tiT995Gu1PiF7AGMQbBxEg pumped to 4M yesterday and has retraced to 3M completing gap #1 The breakout wedge is forming nicely. We could see a final dip to 2M - 2.5M but expect significant growth soon pending near:native stabilizes above $5.. NFA ๐
@nearlytrade
Has anyone noticed that when $NEAR takes a dip @justhootfun rallies? Happened twice now, each hitting ATHโs on big near dips.
Been busy this weekend so I didnโt size in like I wanted to, but going to consider it as a nice hedge going forward.