Source: Waiting for the Wind Idle Talk
For several consecutive days, MEME has been in a state of chaos, with the arrival of a cooling moment.
Has the bull market ended?
Is there a problem with the track of the coins in hand?
Is there a problem with the targets selected on the track?
The wizard asked the above questions on Twitter, and I personally think there is nothing wrong with them. The current hot topic is MEME, so let's continue to play MEME.
I. There are too many MEME, how to play
A MEME chart that I've seen, the leaders of the MEME sub-tracks. There are so many leaders, and new MEME are emerging every day, one after another.
The funds are limited, and the targets are constantly emerging. Thinking about a comfortable way to participate.
II. Preliminary sorting of my two postures
MEME on BN have high certainty and low odds; MEME on-chain have low certainty and high odds. Tens or hundreds of times basically come from on-chain.
For me personally, I dare to bet on MEME on BN, but I don't dare to bet on MEME on-chain. For MEME on BN, I don't need to watch the information every day, and a good layout can eat the average rise of the MEME track, which can be the basic platform of my MEME track. For MEME on-chain, I will try, the reason: new things all come from on-chain, playing familiar on-chain, to lay the foundation for capturing opportunities in the future.
1. Play MEME on BN
There are also many MEME on BN, such as Doge, Shib, Pepe, Wif, Floki, Bonk, Bome, Neiro, Act, Pnut, etc. Looking back, the new listings on BN have very high short-term popularity and capital pursuit, and also have good gains.
Old MEME, without a story, will be eliminated
Relatively new MEME, many in number, don't know how to choose
New MEME, few in number, high market heat, significant short-term wealth effect
The preliminary rules I set for myself to play new MEME on BN:
1) Have a story: new concept, leader, narrative enough, expectation enough
2) Low market value: good odds, compared to related MEME market value, expected gains
3) Story position: derivative stories are frequent, and the more MEME varieties people have, the less I will participate
4) When new MEME are launched, I may have to abandon other MEME, such as when Act and Pnut were launched, Neiro's performance was much weaker
I personally understand MEME as the financialization of emotions, so good MEME need to be hyped, and the power of emotions can be better transformed into financial power. I will focus on what energetic people are hyping, as a weight for selection.
At the current stage, I will mainly refine the participation logic of MEME on BN, verify the logic through practice and modify the logic. After this is done, I will go to play MEME on-chain.
2. Play MEME on-chain
How to play MEME on-chain, I'll talk about it later when I have some ideas and practice.
III. Have an entry posture, have an exit posture
1. The track is approaching the end
1) Emotionally: When everyone who has been touched has gotten on board, exit
2) Financially: Capital begins to spill over to other tracks, exit
3) Story-wise: New stories appear in other tracks, exit
4) Time-wise: The track's high point is basically over in about 3 months, exit
2. The target itself
1) Market value reaches the valuation limit: Dragon 2 is 50% of the leader, Dragon 3 is 50% of Dragon 2, exit
2) Fundamental changes: Competitors appear, or targets with better stories, or major problems with the project itself, exit
3) Profits reach the psychological expectation, and profits are gradually taken
This is the preliminary idea, which will be further improved later.
2024/11/15 Market Capital Focus
1. BN Gain Ranking: Mostly small coins; Decline Ranking is basically MEME
2. Altrank Ranking Rise: MEME-dominated, such as Act, Degen, etc.
3. Coingeck Trading Volume: Basically MEME
4. Turnover Ranking: MEME-dominated
5. BN Section: Solana and MEME
In summary: The location of the capital has basically not changed, MEME is the main focus. However, the decline ranking is also all MEME, and MEME has risen too sharply in the past two days, with many large-cap MEME on BN rising 50% in a single day, and the emotions are a bit FOMO, which does not give the market a chance to cool down and cool off.
