RE: Meme Portfolio Week 31 | Picking Winners is Hard !
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There’s a memecoin in Japan gathering pace and people think it’s the mysterious Shiba Inu founder Mephisto . It’s on BSC . Called Osaka Protocol . Worth a punt .
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I never heard of it but looked it up, seems like it's an ETH coin that is 1.5 years old and it was was bridged to BSC 10 months ago. On eth the market cap is 85M. Chart looks pretty good in that it's 'only up' with just a 66% correction from the previous high.
It really feels like if you think you've seen all coins with a relatively high marketcap that always more of them pop up. It really makes me wonder where the space will go as in previous cycle there were only a couple and all money went into those.