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Little Johnny woke up excited and decided to "believe in something."
He set aside $1000 to create a diversified portfolio and spent the entire weekend studying. After much study, he chose the hottest narratives in the market for the year 2024:
- $100 in $MATIC at $0.85, he saw some videos that projected L2s being the next gems. He saw projections of more than US$10 per MATIC. Today $POL is at $0.09.
- $100 in $LDO at $2.50, if Ethereum's L2s boom, this liquid staking thing will explode. Some YouTubers were talking about LDO at $38. Today LDO is at $0.29.
- $100 on $NEAR at $6, saw that the AI narrative was the next trend with the rise of $NVDA, imagine when it rotates? Today NEAR costs $1.
- $100 on $ONDO at R$1.3. Surely when institutional investors start using crypto, ONDO will be one of the projects that will benefit the most. Today $ONDO is at $0.25
- $100 on $RON at R$3.5. Man, games were the big trend in 2021. The market has matured a lot. It's fair to buy a little from the company that created the great Axie Infinity. Today RONIN costs $0.09.
- $100 in $JUP at R$1.1. If $SOL was one of the best performances of the cycle, it's obvious that that revolutionary project on the Solana network will appreciate A LOT when it goes up. Today each JUPITER costs R$0.16.
- $100 in $ORDI at $40. This BRC-20 narrative is completely R-E-V-O-L-U-T-I-O-N-A-R-Y. Imagine being able to save photos and create coins on the Bitcoin network? If in ETH we have 300 billion, in BTC we have 1 trillion, these coins will FLY. Today ORDI is at $2.5.
- $100 in $DOG at 0.006. Imagine being a holder of the biggest bitcoin meme? It's the only coin without VC, with equal distribution and 100% fair. $DOG $1 soon. Today $DOG costs $0.0008.
- $100 in $ENA at R$0.8. Direct rental in dollars? Little loop of the creators? Let's go. Saw some videos projecting that Ethena could reach $10 in this cycle. Today each ENA costs $0.1
- $100 in $PEPE at R$0.013. You know what? Fuck it. These fucking narratives don't work. While I'm studying, my neighbor who's never read a whitepaper is going to make more money than me buying frog coins and dog coins. I'm going ALL-IN on the memes, Murad was right. Today each $PEPE costs R$ 0.003.
Little Johnny SCREWED UP. $1000 -> $130
Today, Johnny's $1000 is worth approximately $130. Do you know how much he needs to make just to get back to 0-0?
670%
Exactly, the market needs to rise almost 7 times the current value for him to only break even.
What did he do wrong? He studied, he diversified narratives, he tried to buy with "oversold RSI"...
Trading altcoins is a delight. Holding? Not even the ones I get for free in airdrops.
I asked Grok to make a nice little chart 🙏🤝

I fell for the matic bait T.T
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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