I managed to flip a switch after being someone who cared a lot about fundamentals in crypto and started to get into Meme Coins with a small % of my overall portfolio trying to play this game and see how it goes. These are weekly update posts keeping track of what's happening in the space while keeping track of my Portfolio...
10% of the post Payout will go to people commenting so feel free to let me know which ones are your favorite memecoins I should look into!
Continued Accumulation!
I deployed some more capital to increase a bit on my Meme Coin Holdings even though it was overall a good week. I bought 1 new Meme while adding on a couple of others at a lower price compared to my initial buy. My strategy remains to have 30-40 different positions aiming to have a couple big winners while many inevitably will trend down to zero. I try not to chase the new shiny things that pumped but instead get in on pullbacks or narratives that aren't hot at the moment.
At the same time, it feels like a matter of time before there is going to be a pullback and I kind of want to reduced some of my positions swapping for USDC to buy back more in case the correction comes.
New Week Buys !
$RETARDIO is another one from the Murad List that I now added with an initial small buy. I didn't really know much about this one aside from the fact that I see the retardio themed profile pictures everywhere on X for some time.
I found a really funny explanation of retardio on x the other day which clicked for me but I can't find it back. It was in the line that the joke is how people who are dumb enough to invest in something called retardio doing 100x better then people who are smart. It's an anti Political meme and it gets funniers the higher it goes. The downside of these is that they have much lower chance to ever get listed on exchanges.
I only bought 1000 Retardio so far but might be adding a bit more. The community also seems quite solid in this one.
Increased Positions!
Pretty much all coins where I got an initial small position in last week dumped hard which allowed me to buy a bit extra. $SFC (-48%) / LFGO (-49%) / Autism (-61%). I also Increased my positions on SPX6900 now holing 1000 of it and on Harrypotterobamasonic10inu also holding 1000 of it.
Profit Taking!
Just now while making this weekly report, I noticed one of the coins I once bought which I had had already totally written off ($TREN) pumping like crazy which allowed me to get out at a +38% Profit compared to where I bought it 7 months ago. If it goes on to pump even more so be it and I'm glad that I managed to exit what looked like a totally dead coin. It also goes to show how any of these tiny cap coins can pump at any given moment.
I also sold some $KEYCAT which had a big pump these past couple of weeks. I had 1250 of it and often deliberately go above an even number with the objective to take profit if it goes wild while keeping most of my position. I did use part of the profit to buy some more HarryPotterObamaSonic10Inu on base.
BRETT Real Yield on Just.Bet !
I'm not quite sure at the moment if the liquidity providing of BRETT on just.bet is working out as I would be at a loss in case I sold now but it is said to be due to a big while the pool actually is in nice profit.
So I calculated the loss into the portfolio results but hope that by next week it will get fixed. Brett actually went up nicely which makes it by far my biggest position. I know that CrashiusClay69 who holds a big position and is the main Shiller of this coin won't sell until it's at 1$ so there is still some room to go. A coinbase listing also yet has to happen which should be a matter of time and which might be a profit taking signal.
Watchlist!
I kind of want to add to my $SLERF position as it's an unique coin out there which actually has insane liquidity. The main elephant in the room when it comes to meme coins is the fact that the sell liquidity is just extremely low meaning that less than 1% of the market cap is actually able to take profit when the time comes. This can be seen in charts like GIGA where 1 market order seller dumping 3 million into a 500+ Million market cap dumped the price by -80% which is just insane. Since $SLERF had 10M in liquidity burned and locked it is the one coin where this just can't happen making it much more stable to the downside. At just 143M in market cap it feels highly undervalued compared to many others and it had the most fair launch possible. At the same time, nobody really became rich off it so I don't think there is a massive community. Still for Whales, it would make most sense to adopt this token and it should also be a good candidate for an exchange listing.
Current Holdings (Solana)
| Week 34 | Week 35 |
|---|---|
| Coin | Chain | Price | Change | Holding | Value |
|---|---|---|---|---|---|
| BRETT | BASE | 0.1667$ | +52% | 26878 (Variable) | 4480$ |
| WIF | SOLANA | 3.09$ | +1% | 500 | 1545$ |
| PONKE | SOLANA | 0.6583$ | +44% | 2000 | 1316$ |
| KEYCAT | BASE | 0.009707$ | +22% | 120k | 1164$ |
| MOG | BASE | 0.000002112$ | +23% | 500M | 1056$ |
| JASON | SOLANA | 0.001003$ | -45% | 1M | 1000$ |
| MANEKI | SOLANA | 0.01137$ | +47% | 75k | 852$ |
| BENJI | SOLANA | 0.0005805$ | -1% | 1.2M | 697$ |
| REDO | TON | 0.2840 | -32% | 2000 | 568$ |
| SPX6900 | SOLANA | 0.4962$ | -19% | 1000 (+600) | 496$ |
| MOODENG | SOLANA | 0.4236$ | +46% | 1000 (-250) | 423$ |
| USUG | SOLANA | 0.0005482$ | -56% | 750k | 411$ |
| LOA | BASE | 0.007575$ | +9% | 50k | 378$ |
| BENJI | BASE | 0.03586$ | -7% | 10k | 358$ |
| SLERF | SOLANA | 0.2859$ | +26% | 1000 | 286$ |
| VCAT | SOLANA | 0.9215$ | -51% | 250 | 229$ |
| BITCOIN | BASE | 0.2026$ | -3% | 1000 (+250) | 202$ |
| SFC | SOLANA | 0.03646$ | -48% | 5000 (+3000) | 182$ |
| PENG | SOLANA | 0.1622$ | -7% | 1000 | 162$ |
| MOCHI | BASE | 0.00001594$ | +28% | 10M | 159$ |
| ❤️ | SOLANA | 0.0001162$ | +26% | 1M | 116$ |
| RETARDIO | SOLANA | 0.001167$ | New | 10k | 116$ |
| BONK | SOLANA | 0.00005198$ | +45% | 2M | 104$ |
| ROOST | BASE | 0.001969$ | -1% | 50000 | 98$ |
| LOA on Solana | SOLANA | 0.001494$ | -10% | 50k | 75$ |
| LFGO | SOLANA | 0.002721$ | -49% | 25k (+5000) | 68$ |
| DOH | SOLANA | 0.00005051$ | -10% | 1.25M | 63$ |
| MAMBA | BASE | 0.000188$ | +7% | 320k | 60$ |
| AUTISM | SOLANA | 0.00435$ | -61% | 12500 (+2500) | 54$ |
| HAPPI | SOLANA | 0.0002306$ | +10% | 160k | 37$ |
| Buy Funds | - | - | - | - | - |
| SOL | SOLANA | 235$ | - | 0.77 | 181$ |
| - | - | - | - | Total | 16936$ |
Previous Weeks
(Total Money Invested over this period is estimated to be somewhere between 9k and 11k)
| Week | Portfolio Value | Week | Portfolio Value | Week | Portfolio Value |
|---|---|---|---|---|---|
| Week 01 | 1680$ | Week 11 | 17894$ | Week 21 | 7385$ |
| Week 02 | 4091$ | Week 12 | 13771$ | Week 22 | 8204$ |
| Week 03 | 4256$ | Week 13 | 12849$ | Week 23 | 8835$ |
| Week 04 | 4574$ | Week 14 | 12998$ | Week 24 | 8310$ |
| Week 05 | 4631$ | Week 15 | 10177$ | Week 25 | 9651$ |
| Week 06 | 6511$ | Week 16 | 10207$ | Week 26 | 9416$ |
| Week 07 | 6461$ | Week 17 | 11846$ | Week 27 | 12083$ |
| Week 08 | 8536$ | Week 18 | 11678$ | Week 28 | 10080$ |
| Week 09 | 9829$ | Week 19 | 10889$ | Week 29 | 10676$ |
| Week 10 | 14262$ | Week 20 | 8856$ | Week 30 | 11882$ |
| - | - | - | - | - | - |
| Week 31 | 11352$ | - | - | - | - |
| Week 32 | 10812$ | - | - | - | - |
| Week 33 | 12244$ | - | - | - | - |
| Week 34 | 15155$ | - | - | - | - |
| Week 35 | 16936$ | - | - | - | - |
