Why #DogeChain is likely where the next Shiba Inu type run will be found.
A thread that could retire you.
Coming from someone who at one point had 1% of the entire supply of Shiba Inu.
Lets roll 🧵
A thread that could retire you.
Coming from someone who at one point had 1% of the entire supply of Shiba Inu.
Lets roll 🧵
Time and time again through history we have seen these 1000x moves that have come and went.
People would say they would never happen again, but if my experience taught me anything, these situations never fully ever stop, they just repeat.
People would say they would never happen again, but if my experience taught me anything, these situations never fully ever stop, they just repeat.
“Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market to-day has happened before and will happen again." Livermore
We will talk about three iterations and variations of meme coins.
V1 Dogecoin based on code and execution of timing in its era.
V1.5 Dogecoin Dark which rebranded to verge was more so the same.
V2 Shiba Inu Ethereum's meme coin, slightly new features another iteration.
V1 Dogecoin based on code and execution of timing in its era.
V1.5 Dogecoin Dark which rebranded to verge was more so the same.
V2 Shiba Inu Ethereum's meme coin, slightly new features another iteration.
Many variations of V2 came to life through the decentralized unregulated exchanges, ability to pump to the sky with no ability to short until it hits centralized exchanges.
Market makers could corner supply and reprice as long as they had the right marketing tactics + timing.
Market makers could corner supply and reprice as long as they had the right marketing tactics + timing.
We saw them spawn on BNB chain, SOL chain, more replicas that failed on ETH chain, but still gave 100x returns for the timing they existed.
Life changing regardless.
Life changing regardless.
V3 will likely be found somewhere on Dogechain.
Generally new ecosystems that have never seen a cycle see a round of hype.
Dogechain represents the meme world, we just don't have market climate conditions right now conductive to what we saw before.
Generally new ecosystems that have never seen a cycle see a round of hype.
Dogechain represents the meme world, we just don't have market climate conditions right now conductive to what we saw before.
Such bets are asymmetrical, you risk more by not putting 1% of your portfolio in it.
1% of your portfolio in Shiba Inu at ground level would have 10x your entire portfolio.
I know where I have placed my 1% now.
1% of your portfolio in Shiba Inu at ground level would have 10x your entire portfolio.
I know where I have placed my 1% now.
Think of meme coins like this if you are afraid.
Meme coins represent the opposite of the VIX, they are not a fear index but a euphoric index.
If you think euphoria is to never return to the markets than you are betting human beings never succumb to the same faults before.
Meme coins represent the opposite of the VIX, they are not a fear index but a euphoric index.
If you think euphoria is to never return to the markets than you are betting human beings never succumb to the same faults before.
Think of meme coins like a call option that doesn't expire unless it goes to zero.
If you don't have enough exposure in the crypto space one or two of these is enough to aid your portfolio given you pick the right one.
If you don't have enough exposure in the crypto space one or two of these is enough to aid your portfolio given you pick the right one.
DogeChain sits at the current time of this thread at 263M Doge bridged which at the current price is $16M which is essentially ground level.
In a bull market this will easily be around a billion dollars if not more.
In a bull market this will easily be around a billion dollars if not more.
Of course there will be many scams that really do go to zero, its a very high risk space.
However, for the ones that survive they will move 100x-1000x if not more.
However, for the ones that survive they will move 100x-1000x if not more.
I do not think right now is the "right time" clearly.
Look at the large caps.
But, eventually.
That being said, because its asymmetrical and 1% of my portfolio, I have already allocated.
Liquidity is too low to give exact names so I won't.
Look at the large caps.
But, eventually.
That being said, because its asymmetrical and 1% of my portfolio, I have already allocated.
Liquidity is too low to give exact names so I won't.
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