i know it may be surprising to ppl but i actually spend a lot of time looking at the market and deciding which coins i believe will run, i bought a lot of memes when i started looking at solana again bc i thought bottom was close and believed onchain would heat up again when it eventually started its uptrend, similarly to what happened prior cycles, some of them were older memes, some of them were newer memes
for a memecoin to do well it needs a community of people who are both good at making content and also good at going viral while also being generally likable to the average person, all three of these things are important, as well as how relatable the meme is to people - there are a few memes who have ppl that are just too negative for the coin to ever do well, and there are some memes that are just not relatable to your average person imo
i did not hard shill any of them and wanted to see which ones would show the most market strength, some did some didn't, a lot of the older memes that people have been holding for awhile are not going to be net new interesting to someone, which is also another key factor in building momentum early because ppl want to feel like they are early to something and newer things always do better than old, there are a ton of memes that have been on the internet forever and dont do well as coins or needed multiple attempts to do so
most of the memecoin volumes are done through pump fun & ppl kept claiming an onchain wallet ppl thought was me was endorsing coins so i made a pump account and attached my X to stop ppl from thinking im doing things im not, somebody else devved this coin that they sent me supply of, i dont know who they are, and i didnt acknowledge any of them for the first week or so instead waiting to see what the market would do, when i posted my account again it was to airdrop a portion of the creator fees that had been sent to my wallet as a stimmy to ppl since i know a lot do not have large onchain balances rn and it is ideal to have a starting balance when bull market is beginning, not to shill any one coin, ppl decided on their own to start buying the coin of which somebody sent me 65% & i acknowledged it after it had done more volume than any other meme in the past few weeks, me having a lot of the supply is a positive thing not a negative thing, because as the coin goes higher i can give it out to ppl who do not have a lot of money rn without causing a lot of sell pressure on the chart, and the black bull meme is easily relatable to anyone who trades markets, whether that is stocks or crypto, also im black and CT is hilariously racist, so theres an entire demographic of ppl who not only wont buy the coin but will hatewatch it go up while talking about it being a scam the entire time, it entices ppl who believe i am a good-intentioned person on here and also ppl who believe i have bad intentions, so it gets attention from all sides of the market and its easy to push because its my actual twitter alias
at the beginning of every crypto bull market to create wealth effect + bring back retail attention, you need:
- one crypto major to go parabolic
- one crypto meme to go parabolic
in 2017/18 it was btc & xrp
in 2020/21 it was eth & doge
in 2023/24 it was sol & pepe
NOBODY is talking about it now, but $CARDS has flipped https://t.co/Au0ARRA4sY on daily onchain revenue
at its peak, Pump Fun hit about $3 billion in market cap
https://t.co/xkVTSd11ng
eth thesis has been weakening consistently for years, solana this cycle dominated retail activity, hyperliquid dominated perps activity, rollups still have yet to gain significant traction & vitalik publicly abandoned gen usage rollup thesis
eth's main value prop has been safety + security of defi & insto interest, current aave situation is mark on that value prop that has possibility to continue weakening confidence
eth in 2026 is in worse spot than it was in 2023, amplified by ai doing extremely well & tech stocks being much more favorable investments with real revenues / emerging narratives / increasing momentum, eth is $300B asset with ton of overhang from tom lee topblasting + complacent eth holders sitting idle in defi protocols
ta-wise its in sustained downtrend after failing to break through multi year res levels & at current range highs of multi month bearish consolidation range, if downtrend continues should target lows of 2025 around $1300 & then lows of bear market around 2022
tight invalidation 2377 assuming problems worsen
if you want to play it loose assuming other risk assets continues doing well & drags it up probably somewhere around 2700/2800
invalidation fundamentals wise would want to see breakout activity from some new vertical
We are positive this is the main driver of the ENTIRE TCG boom right now.
Here's exactly how it happened:
- Gacha companies start buying up slabs (mostly gems to start)
- Slab prices start to move up across the board ("charizard pumped 3x, Blastoise and Venusaur need to catch up")
- Demand snowball occurs and gacha companies need to start buying up more obscure and illiquid cards to fill machines (lower grades and randoms pump 10x)
- Raw cards that can be graded and sold for 10x what they could 6 months ago are considered undervalued (everyone starts buying up raw to grade and raw market pumps 10x)
- Sealed that has these cards is now undervalued (everyone starts buying up sealed to rip and sealed market pumps 10x)
- Everything is pumping. Everyone is getting rich. Buyers buying just to resell in a week for 2x.
- No longer about collecting at all. Its buy because its going up and can be sold for more very quickly
- New articles about price drive a massive wave of demand. New product cheap and fun for new entrants. Demand up, supply stable, prices for brand new product shoot through the roof
- While this is all going on market participants look for greener pastures. One Piece, Dragonball, Yugioh, Magic, and Lorcana all experience this same boom
@CanteringClark Idk who said it but I remember a long time ago a tweet that said something like “you act too quickly when you are trying to grow capital, and you act too slowly when you are trying to protect capital” and it rly changed my life tbh
Fake Pokemon slabs (top row) vs Real Pokemon slabs (bottom row).
Even with the certification numbers being correct many things are off.
Most, if not all people who have been around the hobby would be able to spot a fake.
This is an expensive rookie mistake. Be careful out there.
the Pokemon market is at absolute all time highs
the big question: is this the top?
the owner of the largest eBay consignment shop compared this mania to what we saw with NFTs
I’ve already started selling some of my grails, but I will be holding my forever personal collection
When one of the best traders in crypto tells you to stop trading, you should probably listen
If you’re an investor who made money with crypto, there’s really nothing more important than finding the best way to get long AI
Developing patience just comes from time in the game like all skills. You have to truly believe the market will continue to provide great opportunities if you wait for them (it always does multiple times per year) and you have to believe in your ability to hit those good times
bro how do you pivot your brain from looking at your career from a port ATH perspective instead to a “ok i’m here, i’m fucked, need to run it up again” perspective
for anyone that’s round-tripped 7 figs and made it back
please help