Solana Memecoin alpha Part 1
some critical tips about solana and my selection of sol meme coins
I’m still holding my $pnut. it’s at 1.4bil and I entered at 2m. so that’s about 700x. and it’s about to go a lot higher because I’m sure of it. Good old Pepe never lost teh magic touch. Solana is a dev market. And since I don’t dev, the only way to make it is to find the next Doge, and I did, before most people. But it’s doable. As long as you hold the runners, the losses on all the scams will be fine. If you don’t hold the runners, you’ll get rekt though.
I’ve been in meme coins since 2021. It’ll be 4 years. Full time. The only reason I could navigate this early the meme coins eth scene is my knowledge about markets, cycles, and obviously my algo which has been a precious tool and made me understand some tokens had long term bullish outlooks and could be held…. I’ve studied cycles and markets for longer than many of you have been alive. Pretty crazy isn’t it?
I’ve also made so many mistakes. One of the reasons for this newsletter was also to share mistakes and be the newsletter and content I wish somebody would have written for me when I got in.
I’m definitely wrong and a lot, but a lot less than most. Trust me, we were not many surviving the bear market in meme coins, it was BRUTAL.
When I got in Sol, I went in with my original eth strategy, find gems, and hold, since I’ve said it for years, memes will be legit crypto currencies in the future and keep accruing value overtime. It didn’t work, until it found a 1300x :)
A meme coin with scale, is no different to Bitcoin. It’s actually superior to Bitcoin.
In the US, all cars were Ford at the beginning, then now, you still use cars but from better brands :) Bitcoin is Ford Motors, pioneering the use case, but better will come along, and meme coins will both be currencies and store of value.
People would trade in gold and silver if they could, but they’re not fungible so you effectively can’t use it as a currency. Otherwise gold and silver would be currencies.
Meme coins are fun, low barrier to entry, usecase is an evolving usecase, speculative asset at first, then currency/ store of value in the later stages.
I’ve talked about this ion many newsletters. And this is a notion that hasnt been fully ripped off just yet by big influencers. They still think meme coins are NOT currencies or stores of value.
The one certainty in this world is change. This is why the key to happiness is focusing on the fleeting moments of stability the present affords you. Material goals lead to unhappiness. You want a lambo, the minute you have it, you’re lost. Who are we trying to impress? what for? Is that it? …
Meme coins will be currencies. Part of the change that is coming as decentralization becomes the obvious fix to the current broken system.
Anyway, back to Solana.
My strategy to find gems and hold them, seemed flawed because of the jeetery coupled with low liquidity, means a small minority of paper hands (most likely struggling) can completely break the chart and induce panics like I’ve never seen on Eth.
Sprinkle Pumpfun on top, and scamming devs scooping all the supply on 20 wallets (outside of the bundles, since they know you know…), and you have a mess of epic proportions and the only way out of this is QUALITY.
This is what my list is about. INTRINSIC quality that gives the meme the prospects of surviving. The same mind who aped what I had left In Pnut knowing the narrative was too powerful despite the usual scam dev.
Obviously, sometimes I get alpha. It just adds to why I’m confidently holding.
This is a tier list following the same logic of my Eth tier list. Tier 1 is the least risky tokens with a chance to go 1bil+. tier 2 and 3, can be hold long term with targets between 100m and 1bil. tier 4 and 5, are the most risky tokens with 100x 1000x potential but which are in a state of extreme risk, usually bottomed tokens or very very low mcaps, like under 500k.
tier 1: pnut (1.5b mcap, target 4-10bils) bigger than any other tokens on Sol, and likely to be alongside Doge Shib are a top meme CURRENCY. Very few will make it to that level. It’s a better place to park money than SOL, extremely liquid, extremely famous.
mew (800m mcap target 1b-5bil) Top quality meme, with proper studio made content. Not incredibly original, but the execution is top notch. Linked to Shib OGs. My alpha to you, don’t ask. Again, I’d rather than Mew than sol.
hpos10i (263 mcap, targets 1b-5 bil) harrypotterobamasonic10inu aka the thicker ticker aka ticker bitcoin. I aped this as soon as I saw it and entered on the dip to 10 11m mcap and immediately put it in my eth tier 1. The dev is a beast, the community is the original autist meme coin community. the nfts are a breath of fresh air as Miladys were back in the days. It’s on Sol now with a pool, so this is on Eth and Sol now.
osak aka osaka protocol, 280m mcap fdv, real mcap is close to 0.20 of the fdv. Next Ryoshi approved project. again. alpha. In a market where Pnut goes to 1bil in 11 days, the return of Ryoshi is going to melt faces. targets 4 to 10 bil. Main pool is one Eth, but it’s on 8 chains, including Sol.
those 4 are my Gold or bitcoin to normies, safe, liquid, exceptional quality and will overperform majors.
There are many other high quality tokens, but I share what my bloodline is chanting for me to hold.
Before I jumped into higher risk tokens, I’ve selected here are a few tips.
don’t play on pumpfuns, people who call pumpfuns are the devs themselves every single time. they turn 20 100k into 10k and dump it all. between 100k and 1m mcap. Don’t reward scammers.
the sweet spot to ape high risk, whilst not going completely full risk, is around 1m mcap. the tokens have usually proven there is a strong demand buying pressure, that even the scamming devs can’t snuff.
a token by a scam dev is very bullish. when they’re out and the token is still alive, that token is much stronger than it looks, it just had to absorb an abormal selling pressure, which means the run back up can be violent as it’s a natural run to the true value of the token, with a good distribution. Pumpfun disrupt distribution so much, that the chaos of the first dip, usually gives a very good redistribution. Pnut token’s success is due in part to dev paper handing million worths for a few thousands. If dev keeps supply, the token would have struggled a lot more.
small tokens with good charts are usually safe to hold, they usually have niche communities that just hold and dont have too many volume jeets. take for example a token like Flat, which is about the flat earth, not only it’s around the magic mark of 1m mcap on its own, but it’s also held by 2 LEGENDS of meme coins crypto. again, don’t ask. But I’m talking legends that anybody in meme coins would know. One had a bag before I got into it, one got a bag after I talked to him about it :) Flat is in my tier list. Details further back.
Ok I’m gonna actually change the newsletter, make this one free and the rest of the newsletter aka more tips, and the tier 2 3 4 5 tokens selection.
But because I’m not mean, just look into flat https://dexscreener.com/solana/eyufvrb5u9um1rnztc4bnj8ocv5qrqmwpddvjcjzrrkm and chant :) Chant is about to have a major event at 1.8m mcap in the next 2 to 8h (algo imprecision to factor in) https://dexscreener.com/solana/8ozbeauoyw1bv1slgplv6zquszdmwqq4aayufeg3qkl6
But so far, my predictions on chant have been accurate, which tells me, the price is now naturally moving. very bullish.
I’ll write that part 2 tomorrow for my very appreciated premium subscribers.
Take care and remember we’re in a bull market. The trickiest to date. That’s the role of this bull market. Act accordingly. And don’t follow plan B and others, they have the wrong targets.
GL
pepe/ nz