The crypto community are generally looking down at meme coins as scams or shitcoins but what is happening now is that these coins are flavour of the month. The two coins mooning at the moment are $PEPE and $MEME. Now one could argue that they have no utility whatsoever but I do not think their community cares. Pepe has been the face of crypto for a while now so I kinda like that he has his own coin and is rocketing. I did earn more trading $PEPE than I did earning from Hive in 2 years for example. As long as a token is making me money then I embrace it with all my loving heart and I regard them as adequate coins until they dump unmercifully when brains overcome greed. Now even though $PEPE and $MEME are going to moon even more , I do think that the millions to be made from them are long gone and the fall would be much grander than the money made so I am slowly selling my bags. A friend of mine put me onto a relatively unknown meme coin. This one is called Osak.
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Well I can go onto about the lack of utility yet but this does not seem to be a valid gauge anymore in crypto. Hive is case and point. No fees, 20% interest but because the coin is stable at around 30 cent , it is not exciting or trendy. Their community is known to be a bit off the wall to say the least full of devs and nerds. They believe in full decentralisation. Not fake decentralisation like Hive here where 5-6 people are in charge. They talk about the cult of a black sheba which is their logo and they are kinda on the same Shiba Inu vibe. Rumour has it that they are so mad that they just might go forward and the coin might explode. Well it already has by the way . In 60 days it has increased by 869.7%. it is 80% up in 24 hours and the price at time of writing this article is still 0.000000379250. So room to grow here. They say to make it , you only need one coin to hit and considering the funds you can put in here , it would be a relatively small amount because it is still 4 zeros off 1 cent per token. I threw a couple of hundred quid in to see what happens and already I am at $300. So the worst can happen I lose €200 , he best case scenario is I pay off my mortgage. Seems fairly low risk to me.
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'I feel better' is their slogan which is a bit mental and a little black Sheba as their logo. It's all fairly meme coiny but much like NFT's back in 2021 this is the flavour of the month. The great thing about this token is that you can buy it via multiple chains so I chose BSC to purchase mine.
I looked up the contract address on coin gecko which is great by the way. I connected my BSC wallet to pancake swap. I selected swap. I used BNB to swap and I pasted in the contract address into the input box. The swap took place and I now have OSAK in my BSC wallet. It is as simple as that. Don't be concerned if BSC cannot track the token value. It is so cheap that it is unable to track it yet but coin gecko can do that job.
Point to note that it is web3 for the moment and not sure if it is on any centralised exchange yet. Another plus in this new meme coin world as it means we are early.
I spoke last week around $QUBIC which is 50% up on last week. I reckon this one will shadow $QUBIC. QUBIC is a serious project. $OSAK is a serious community. Which one will moon higher. My bet is on the dog.
