Jaggedah
@jaggedah
Stocks since 2015. Crypto since 2018. Bought tops, sold dips, sized wrong, paperhanded, roundtripped. Still here.
New PFP. Bought a @pudgypenguins Started stacking $pengu at first. Fell into the @AbstractChain rabbit hole late at about ten weeks post-launch. Got myself a @LilPudgys soon after. Today I triple down on @LucaNetz and finally got myself a big 🐧.
Looks like 20-25 people have the last badge of @RoachRacingClub Might take another month to get there if win rates are consistent.
Abstract Memes One way the meme mania might play out is that a bunch of the recently buzzing memes will run up 10–20x like a few have already, and then some, if not many, will crash real bad. This is natural as not all coins will have a sustainable narrative and not all whales…
There's Pump Fun and then there's Igloo Inc
Jensen: "I've created more billionaires on my management team than any CEO in the world."
Base was launched in Aug 2023. Six months later the timeline started paying attention and bridged to trade memes there. You didn't need to be a genius trader to hit gold. Nearly every meme went up by 5-50x in the next two months. I'm not going to make any predictions but iykyk
Still early
24H volume on Abstract memes is ~15m. The top meme is under 25m mcap. Most other memes are 300k-2m mcap. Hardly any whales on the chain yet. When they slowly bridge over, and volume multiples, guess what happens to those memecoins? Buckle up.
Best XP week so far thanks to: - RRC, Myriad, Moody Madness - Pengu, Abster
No NFT mania - Pudgy Penguin up NFT mania - Pudgy Penguin upper What tech is this @pudgypenguins
The 2021 batch of bagholders have way more NFTs to sell than they'll ever buy. If NFT mania returns, know what you're up against.
Holding vs Trading Holding can make you life-changing gains but it can just as easily leave you holding the bag. It works only when you're in the right coins: - Low cap potential winners in a new meta/chain - Large cap proven winners w loud, loyal holders If not, rotate
$COIN and $HOOD are moving up in parallel thanks to external catalysts. Both sitting at $100 billion mcap currently. As blockchain rails replace tradfi, won't be surprising to see the fundamentally stronger one of the two hit $1 trillion within a decade.
Base = Productivity Abstract = Culture They might overlap in some areas but there's room for both to win
$SOL surpassed its previous ATH in January on the back of a use case (meme coins) and tailwinds (President endorsement). With stablecoins exploding and treasury companies purchasing $ETH, it won't be surprising if it crosses its previous ATH ($4800) this cycle.
$ABSTER is the: - Highest mcap meme - Strongest narrative - First to pump - Least volatile in pa That makes it the BTC of @AbstractChain. Most other memes are like alts. Might be a useful heuristic to keep in mind when rotating capital, sizing positions, and managing risk.
Diversification will protect your capital. Concentration will compound it. Knowing when to choose one vs the other is the alpha.