Donny@DonnyDicey
Why I bought a heavy position in $MEMECOIN:
Every great token of our cycle this time around was lead by someone or some group that had notoriety in the space.
Notoriety from a strong resume. A person or entity that has delivered results in the past.
I mentioned that for a 1B ticker YOU NEED: market bottom timing, a strong narrative, and perfect execution. No delays on distribution and accessibility.
SPX6900: Murad's timing was impeccable, the 2024 September bottom, an easy to understand mission statement, a well delivered thesis around memecoins at a high attention crypto event. The chart explodes with the tailwind of the market behind it.
I looked into BRETT, ANDY, WOLF with the same ingredients in mind: market bottom, strong narrative, perfect execution. I invested into them because of the leaders and communities supporting them. Those trades were life changing for me. These are the easiest types of tokens to hold. If the above criteria is not met, I will not invest heavily and hold.
The attached images are what gave away a generational opportunity. Somebody who has achieved 9 figures of capital in crypto and ran or assisted projects on their path to deep 9 figure market caps.
With an itch to scratch of being behind a 1B ticker.
Months of planning and preparation.
I met Pika when I was posting about FKH, he personally went above and beyond to help with things behind the scenes. Capital amounts most of you won't see in your life, he wasn't phased about burning it into the chart for the greater good.
So, what criteria has been met so far?
1.) One of the strongest leaders and coordinators in the space
2.) Market bottom timing (doesn't have to be this instant)
3.) Execution risk is near zero
Last point: The narrative
What I've realised over the last 2-3 years trading memecoins is that if your token cannot pierce the retail mind with ease, it will struggle to be a longstanding narrative in the space, and certainly struggle to hit valuations above or near 1B.
This was made crystal clear with the recent $WAR token, where over 100K retail participants were onboarded through Tiktok and Instagram media rails. Holder amounts we only see during peak euphoric market conditions, achieved while BTC is down -53%.
$Memecoin is token that encapsulates and personifies the entire memecoin sector into itself is a narrative that is obvious in hindsight as price goes higher. The narrative implies the ceiling must be the highest out of all the memecoins that exist.
"One memecoin to rule them all."
A golden coin that can represent the entire space outside of our echo chamber. A mascot with unique marketing angles to capture mass retail mindshare.
Execution is key, and I have zero concerns about that side.
We saw something similar with $USELESS, a braindead simple narrative that achieved 420M market cap.
Lastly, the chart. It's a fresh chart after migrating from Bonk. You can see when the token was launched, it didn't take many days to teleport to 55M.
After months of researching and analysing this token and the on chain history, I am confident the last few months were spent recapturing control of the project and preparing for this moment.
1B or bust.
CA:
Bb4jR951QtVjeFAYFLBYXDSMKjbTDroCLPbFLdd7pump
