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SEAT is about to be the biggest project seen on Solana in a while. This is going to do BODEN and WIF numbers
tldr; A trader using the Solana Name Service account 'paulo.sol' earned over $22.83 million by trading Solana-based memecoins like Dogwifhat (WIF), Jeo Boden (BODEN), and Bonk (BONK). The trader capitalized on market trends, buying low and selling high, and still holds significant amounts in WIF and BODEN. The success story highlights the ongoing craze and profitability in trading Solana memecoins. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This is going to be the next life changing project for so many just like BODEN and WIF were
SEAT is going to be the next monster like BODEN! Such a great project 🔥🔥
Pretty solid spread, in terms of your categories, focusing 30% of your portfolio on tokens with over $25B market cap like ETH and SOL is a solid move, considering their stability and potential for growth. If you're okay with a bit of gamble, throwing a tiny percent into a crazy memecoin like WIF, ROCK or BODEN might surprise you. Then you can always roll those meme profits into safer bets(Large caps). Interesting to see you favor Layer 1s and 2s, but don't underestimate strong oracle players. DIA is becoming increasingly integrated within the BRC20 ecosystem, and its role with Runes and Bitcoin L2s could make it a good bet.
No easy way to perfectly replicate a market-cap-weighted top 100 crypto index yet, but there are options! ETFs are coming, but regulations are still evolving. Crypto Index Funds exist, but be mindful of fees and tracking differences compared to a true market-cap index. Some platforms allow building a basket of the top 100 cryptos, but this requires rebalancing as market caps change (not entirely passive). Now, onto maximizing returns: don't sleep on meme coins like BODEN, TRUMP, WIF, and ROCK for those adrenaline-fueled gains. Once you've got some profits, consider reinvesting in mid to lower cap projects like DIA and LINK for more stability. Speaking of DIA, it's got a sweet spot in various crypto ecosystems like BRC20, Runes, and Bitcoin L2. They're like the data wizards making sure everything runs smoothly. So, while there's no easy button, mixing passive strategies with a sprinkle of opportunistic investments could be the ticket to riding the crypto wave. Good luck out there!
$30 is a great way to start small. Chasing memecoin pumps (like BODEN, TRUMP, WIF, ROCK) is risky but they might pop or might also disappear. Consider a mid cap (INTRO)or a utillity project with a strong team like DIA in the oracle space, building oracle solutions on the BRC20, Runes, and Bitcoin L2 ecosystems.
All it takes is having an IQ higher than that of a grasshopper to see that this thing is going to make a moonshot. It's a fire meme, with the most based dev, and a philanthropic mission. I really can see this doing WIF or BODEN type numbers. It's still so early on this thing. The community is dead set on supporting this and making it a huge, well known name in meme coin crypto.
yeah, they should buy the undervalued memecoins with lots of purpose! Actually you could make the argument that even though no memecoins are like that, BONK may be the closest as it did have a purpose (at least relative to things like PEPE, WIF, or BODEN) and it's market cap is comparable to both PEPE and WIF but BONK has showed pretty good longevity steadily gaining popularity over the bear market.
tldr; Andrew Kang of Mechanism Capital predicts that memecoins centered around cultural values, termed 'culture coins,' could outperform traditional memecoins like Dogecoin and Shiba Inu. These new memecoins, which may focus on politics, religion, brands, or lifestyle, have the potential to be more viral. Examples include Solana-based coins Jeo Boden (BODEN) and Doland Tremp (TREMP), which have seen significant gains. Kang also sees potential in memecoins associated with consumer brands. Despite mixed opinions on memecoins' impact, they have been highly profitable, with the top 10 memecoins averaging gains of 1,312.6% in Q1 2024. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Man, I thought TREMP would be the runner, but BODEN has been smoking it!
#1 They buy a TON of shitcoins on the cheap... their investment is in 100+ memecoins and 2-3 go up big, but the rest are shit #2 When they do strike it "rich" most memecoin millionaires can't exit the market. How many people made money on BODEN? None, because on a $1Billion MC had $400K liquidity. You start selling and you collapse the market, which is what happens with most of them #3 Most influencers will promote P&D schemes, just to make their pockets better and they will work with the issuer to get early distribution of coins if they promote them on their feed, then they dump it on the public and create a liquidity trap #4 It's easy to make money in a bull market... everyone is a genius now, but they will all be broke when the cycle is over. You MAKE your money in the bear market, you TAKE PROFITS during the bull market. All of my trades were in when we were in the accumulation phase 6-18 months ago, right now I am just sitting tight and enjoying my coffee
TL/DR. Im buying BODEN
Guys, it is very simple, do you know how I feel every time I have to pay those gas prices in ETH? Exactly, I'm in the process of getting rid of everything I have in the ETH chain (leaving only the actual ETH of course), and moving over to Solana. BNB is not bad either, and I have some coins there, but SOL is "easy". Plus I made good money from BODEN ;-) and got airdropped some $USA (what a great ticker by the way, not selling those babies until after the 4th of July)
$BODEN wants $TREMP to win if he does this proposal