Hive @commentrewarder Experiment.
First off, I've been watching some of the development on Hive and am trying the commentrewarder project setting it at 20% of the post payout and I might do this on more posts going forward especially if I end up having more than 1 in a dag. So Please Shill me your Favorite Memecoin (or altcoin for all I care) and why you like it and I'll make sure to give an upvote for the engagement!
High Market Volatility
With a correction on Bitcoin because of the war, Memecoins also saw quite some volatility which caused a 20% decline in the overall value. This is pretty much the name of the game as everything can happen. Right now Memecoins are a gamble for the big public to one day get back in crypto (likely after BTC reached 100k+) which can make some of them go wild. I do believe (& hope) that at some point this will be the case again and I'm holding tight during the ups and downs until this point is reached.Missed Opportunity :-(
In Week 26 & 27 I wrote how both $GUMMY and $BAKED were on my radar after they were in a beaten down state. The plan was to just get 100$ or so on both but I kept delaying it until the point where it was too late as an announcement of affiliate revenue to be used to buy back and burn Baked.
| Coin | Price Week 26 | Price Week 27 | Price Now | Difference |
|---|---|---|---|---|
| $GUMMY | 0.008363$ | 0.01078$ | 0.01388$ | +66% |
| $BAKED | 0.003573$ | 0.004147$ | 0.02145$ | +500% |
Week 26
Week 28
I'm not going to chase it now and the only option left is to buy some Gummy but it's actually not that far way and I don't like this situation where they have to support 2 tokens.
New Buy!
After missing the $Baked pump I did put the SOL that I put aside into buying some more $PONKE getting my holding of that one to a round 2000. I bought around 0.35$ and now it dropped to 0.30$ which is how it one way or another always goes. In the end though, it's about the mid-long term and I'm still quite pleased with my Memecoin portfolio.
When I bought, the chart also looked good in that it bounced on the upward support line but since it fell back to it and I'm hoping it will hold and continue to climb higher. At 160 Million Market cap, it is still far away from how high something like Popcat has gone while the charts look very similar in setup.
If Popcat pumps more reaching the resistance line I might actually look to try and short it on Rollbit.
New Week Watchlists!
I'm not really paying too close attention to memecoins at the moment and would need to sell something at this point in order to buy something new. So I'm just holding tight to see where it all goes the coming months.
Current Holdings (Solana)
| Week 26 | Week 27 |
|---|---|
 |  |
Meme Coin Portfolio
| Coin | Chain | Price | Change | Holding | Value |
|---|---|---|---|---|---|
| BRETT | BASE | 0.08557$ | -10% | 24000 | 2053$ |
| JASON | SOLANA | 0.001669$ | -34% | 1M | 1669$ |
| WIF | SOLANA | 2.45$ | +10% | 500 | 1225$ |
| MOG | BASE | 0.000001509$ | +2% | 500M | 754$ |
| PONKE | SOLANA | 0.3079$ | -12% | 2000 (+600) | 616$ |
| BENJI | SOLANA | 0.0004444$ | -5% | 1.2M | 533$ |
| LOA | BASE | 0.009567$ | -47% | 50k | 478$ |
| KEYCAT | BASE | 0.003897$ | +85% | 120k | 467$ |
| MANEKI | SOLANA | 0.004985$ | -26% | 75k | 374$ |
| REDO | TON | 0.3088$ | -18% | 1000 | 308$ |
| BENJI | BASE | 0.03001$ | +6% | 10k | 300$ |
| VCAT | SOLANA | 1.09$ | -26% | 250 | 272$ |
| USUG | SOLANA | 0.0002311$ | -22% | 750k | 173$ |
| ROOST | BASE | 0.003338$ | -26% | 50000 | 167$ |
| SLERF | SOLANA | 0.1457$ | -16% | 1000 | 146$ |
| PENG | SOLANA | 0.1256$ | -8% | 1000 | 125$ |
| MOCHI | BASE | 0.0000099$ | -30% | 10M | 99$ |
| LOA on Solana | SOLANA | 0.005277$ | -62% | 12500 | 66$ |
| DOH | SOLANA | 0.00004075$ | -30% | 1.25M | 51$ |
| HAPPI | SOLANA | 0.0003202$ | +52% | 160k | 51$ |
| MAMBA | BASE | 0.0001386$ | -10% | 320k | 44$ |
| BONK | SOLANA | 0.00002177$ | +9% | 2M | 44$ |
| SENK | SOLANA | 0.00001516$ | -33% | 1.5M | 22$ |
| Buy Funds | - | - | - | - | - |
| SOL | SOLANA | 144$ | - | 0.3 | 43$ |
| - | - | - | - | Total | 10080$ |
Previous Weeks
| Week | Portfolio Value | Week | Portfolio Value | Week | Portfolio Value |
|---|---|---|---|---|---|
| Week 01 | 1680$ | Week 11 | 17894$ | Week 21 | 7385$ |
| Week 02 | 4091$ | Week 12 | 13771$ | Week 22 | 8204$ |
| Week 03 | 4256$ | Week 13 | 12849$ | Week 23 | 8835$ |
| Week 04 | 4574$ | Week 14 | 12998$ | Week 24 | 8310$ |
| Week 05 | 4631$ | Week 15 | 10177$ | Week 25 | 9651$ |
| Week 06 | 6511$ | Week 16 | 10207$ | Week 26 | 9416$ |
| Week 07 | 6461$ | Week 17 | 11846$ | Week 27 | 12083$ |
| Week 08 | 8536$ | Week 18 | 11678$ | Week 28 | 10080$ |
| Week 09 | 9829$ | Week 19 | 10889$ | Week 29 | - |
| Week 10 | 14262$ | Week 20 | 8856$ | Week 30 | - |
| - | - | - | - | - | - |
| - | - | - | - | - | Total Profit Taken |
| - | - | - | - | - | - |
Conclusion
I'm still having plenty of fun with these Memecoins especially now that some start to pump again. I will see how it continues to evolve. A week is an eternity in meme coin world so I'll be back in 7 days with the next update...Posted Using InLeo Alpha
Looks like the experiment isn't really bringing in more comments.
I don't feel comfortable buying memecoins.
However you are doing good considering your results.
Good luck!
It used to be the same thing for me but systematically seeing the biggest shitcoins with zero fundamental value go up the most since I got into crypto in 2017 made me flip a switch on it. This said, I'm fine if all go to zero. It's all about risk/reward and I hope to have at least 1 or 2 big winners which I don't sell way too early.
Cool. I will take a look at your strategy.
Have a great day!
!LOL
Posted using MemeHive
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