Bamidele Profile picture
29 Apr, 19 tweets, 5 min read
Why I Think $MICRO / MicroPad Will be BIG (a thread)...

1/ MicroPad is a launchpad for meme coins and micro cap projects.

This thread explains why I decided to invest in $MICRO and the potential I think it has.
2/ A few facts:

- MicroPad is an anonymous project so it's high risk, high reward.
- That said, they had a fair launch (raising 50 ETH on SAFU).
- 80% of raise was added to liquidity and locked for 5 months.
- I'm not a financial advisor.

With that out of the way, the thread:
3/ Launchpads have been hot for a while now and the market is clearly saturated with them.

However, it's hard to find launchpads for meme projects.

$MICRO aims to fill this gap by being the first launchpad for meme coins and micro caps on ETH.
4/ The need for a meme launchpad might not seem like a big deal, but just digest these facts:

- The biggest meme coin right now, $DOGE, has a market cap of $40 billion.
- Other much smaller meme coins like #SAFEMOON and $SHIB have market caps in excess of $1 billion.
- Dozens of new entrants to the meme coin frenzy have rocketed to tens/hundreds of millions in market cap in days/weeks.
- These include $AKITA, $HOKK, $ELON, $KISHU, etc.
5/ Contrary to what many think, the demand for meme coins is NOT ending anytime soon.

In other words, meme season ISN'T over yet, thanks to $DOGE CEO and meme coin godfather Elon Musk renewing interest in them when most people thought the hype is done.
6/ Just recently, it was announced that Elon Musk will be partnering with Miley Cyrus to host SNL on May 8.

Without wasting time, Musk tweeted the following:

7/ In other words, before even starting, Musk's SNL feature is already seeming like a huge advertisement for $DOGE and meme coins as a result.

It goes without saying that there will be another meme coin rally leading to this event and possibly after.
8/ So how does this affect $MICRO?

Well, anybody who has touched more than a couple of meme coins know how it goes for most:

You get in and get rugged mins later (hours if you're lucky).

MicroPad claims that it will solve this problem.
9/ With it being clear that meme coins aren't going away anytime soon, if MicroPad could help create a much safer environment for people who want to invest in meme coins (and there will be another pretty bigmeme coin rally soon), it will be big.
10/ $MICRO also has VERY strong tokenomics:

- There will never be more than 10 million tokens.
- Users will be required to stake to get allocations in incubated projects.
- Projects launching on $MICRO have to purchase tokens to be listed -- and these tokens will be burned.
11/ So basically, we're looking at a meme coin launchpad with about $2 million market cap (at the time of writing this), whereas lots of arbitrary meme coins with zero use case have market caps in excess of $50 - $100+ million.
12/ Market cap for some of the top (recently created) meme coins right now:

- $SHIB = $1 billion+
- $ELON = $300 million
- $AKITA = $100 million+
- $HOKK = $60 million+

I can go ahead and list more, but it's crazy to think $MICRO would be a small cap project for long!
13/ I will restate earlier warnings:

- This is an anonymous project.
- This is an unaudited project (to my knowledge).
- It could rug and you can lose all your money.

That said, I'm personally invested in this (I got in at $.18, $.15, and $.20) so if it rugs I lose.
13/ (contd)

- I'm not being paid to write this (nor have I ever been paid to shill a project -- I'd mention this fact if that's the case, believe me!)
- If anything, the admins have yet to respond to my TG request for info for this thread.
14/ In essence, based on the concept, first mover's advantage (launchpad for memes!) and pretty strong tokenomics, I think $MICRO will be BIG!

That said, it's again high risk, high reward due to team anonymity and lack of an audit -- but the launch is fair and liquidity locked.
15/ You can find out more info about $MICRO through the following links:

PS. For reference, my first tweet about $MICRO was at around $.18 to $.20 a few hours ago, and this thread was written when it was in the $.20's range.
PPS. Don't get into this ANYMORE guys. It rugged, so it's certainly not a good investment anymore.


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More from @youngprepro

1 May
TrueBit / $TRU -- The “Hidden” L2 Solution Backed by $ETH and Coinbase Heavyweights

In this thread, I share why Truebit / $TRU is an easy multi-billion dollar market cap project and a possible top 20 market cap contender.

- $TRU has been in development for 4 years now.
- $TRU has strong $ETH links and its development was extensively influenced and supported by members of the Ethereum team.
- Vitalik Buterin co-authored a whitepaper with $TRU founder Jason Teutsch.
TLDR (contd)

- Christian Reitwiessner, creator of the Solidity programming language (used by all major blockchains such as $ETH, #BSC, and soon $ADA) co-wrote the actual $TRU whitepaper with Jason Teutsch.
- TrueBit was developed based on the concepts in these whitepapers.
Read 29 tweets
1 May
I just got into Rentible / $RNB.

Rentible aims to be a kind of blockchain-based #AirBNB.

I HAVEN'T researched this yet, but I put in some change because:

- It has fully public and legitimate teams.
- It's a SOLID concept that could run very hard.
- Reports liquidity is locked
I have NOT verified that liquidity is locked.

However, I got some tokens around $.8 as this just listed.

The token price is around $.97 when I posted my first tweet about it.

I'll certainly be looking into this and posting a thread tomorrow if I like what I see.
Fully diluted market cap for $RNB is around $3m. Almost half of tokens is vested, though, so actual cap is around $1.5m right now.

The successes of $SPI and $CC has shown that there is HUGE demand for solutions to real world daily needs on the blockchain -- so this could be big.
Read 5 tweets
1 May
I just loaded up on Truebit / $TRU -- an $ETH L2 solution that I think will be among the top 100 crypto projects in the not-so-distant future.

Truebit's whitepaper was written by Christian Reitwiessner -- creator of the solidity programming language.

But it doesn't end there...
While $TRU was still a struggling academic concept, the founders of $OCEAN actually worked with the $TRU team to help make it a reality.

It is also reportedly backed by #Coinbase!


It is JUST around $10 million market cap right now!!!
I had noticed $TRU earlier at $.14 and dismissed it, but I decided to do some basic research before sleeping and I just had to get in.

God willing, I'll do a thread on this tomorrow, but there's a possibility it would have pumped a lot more by then (or not)...
Read 7 tweets
29 Apr
It Seems $MICRO Won't be BIG, After All (THREAD).

As it did in fact RUG.

In this thread, I do a breakdown of exactly what happened and my plan to take responsibility towards my followers who were affected by this.
1/ For the sake of clarity, I was affected as well by this rug and did invested, in my own way, a significant amount.

At a point after my entry $MICRO went as much as 3x, so that was significant gains for me -- but I did not take profits.
2/ I have not sold, and will not sell, my $MICRO tokens because:

- I'll keep my tokens as a reminder to be more diligent
both in my investment decisions and in what I post for my followers.
- It's not worth much anymore anyway.
Read 6 tweets
29 Apr
I'll be closing all my positions in $LAUNCH.

I got in during their IDO and bought more tokens on the market after launch as I really love the concept and believe (still do!) their IDO platform provides one of the best UX for launchpads.
However, the first IDO was promised within a week of launch -- nothing has been launched almost 3 weeks now.

Poor communication from the team and unchecked attacks from "community members" targeted at anyone frustrated at the lack of progress isn't encouraging, too.
And it seems nothing will be launched anytime soon.

Other IDO platforms are launching 1 - 3 projects weekly; $LAUNCH is a late entrant and hasn't launched a single project in 3 weeks. It will be difficult for them to compete.
Read 11 tweets

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