@yelotree Was interested in $shork but am concerned about the wallet holding 23% of the supply, I don't think you're promoting a scam but it is concerning. Any explanation?
We are going to reach some serious levels of mental retardation for memecoins this cycle
Think of the Memecoin ecosystem as essentially a Skill-based Global Lottery Platform. Players get to decide which lottery brand they want to buy tickets in, but the payouts and odds aren't the same. That's where the skill comes in - the jackpot winners don't come from pure luck, but ability and everyone believes that they can find the next winner. And the more people that they get to buy the same tickets at them, the more likely they and their friends win - that's the best feeling - winning together. It's a mullti player money game with virality built in.
Study the scale of the traditional global lottery industry. It generated $300 billion in sales in 2020 - with half the population of the US playing. Now imagine the valuations of memecoins if a capital injection of that scale were to flow into them.
Last cycle was actually the test pump for memecoins - kind of like bitcoin's test run to $100-1000. This time we get the real pump after there's been a cycle proving their product market fit, how they've changed lives and increasing global acceptance.
I believe that memecoins are going to outperform everything else in crypto by a wide margin. The masses won't care about the 4th liquid restaking derivative or whatever fancy new technology that results in some benefit in throughput. They won't fall for the 10000th DeFi farm which even retail know are self referential ponzi like house of cards. Memecoins are just a much more pure and upfront speculative vehicle. Those that are overweight DeFi/L1s are at massive underperformance risk. Could very well see $ETH moving 50% from here while memecoins return 5-100x in size.
This cycle, we will see a new generation of new money memecoin elites being minted just like many of the old guard/whales were minted with $BTC, $ETH, $SOL
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The YELOCAT nft has arrived
300 whitelist
- Top 200 holders will be whitelisted at the time of snapshot.
- 100 Spots being offered to DAOs/NFT communities
1120 will remain available for the public
$YELO
Buy some and thank me later this week. They have some of THE BEST NFTs in the pipeline and I'm sure they will mint out with an insanely high floor price. Already had a pre-pump and I foresee ATH later this week after the announcement. 🐈 🐈🐈
$YELO
1/ 🚨BREAKING🚨We are honored to announce the acquisition of Solscan by Etherscan, the world's leading block explorer. A momentous step in the world of blockchain exploration that will be a stepping stone for greater contributions to the Solana ecosystem.
🟢🚀 Just confirmed - I'm on the Mint Genesis NFT Whitelist for the @Mint_Blockchain airdrop!
Feeling lucky to be a part of the @Mint_Blockchain evolution, minting a new era for NFTs. 🍀
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https://t.co/LfMVI0DiSf
I survived the bear market and claimed my $FRAME tokens!
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I've found reading business strategy books to be helpful when evaluating protocols.
I find it most useful when looking at their roadmaps / announcements, & seeing if they make strategic sense.
Here are some of my favorites: