Meme Coin Portfolio Week 28 | Missed a +500% Pump Opportunity

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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 in what I believe could be a Meme Coin Summer...


Hive @commentrewarder Experiment.

First off, I've been watching some of the development on Hive and am trying the commentrewarder project setting it at 20% of the post payout and I might do this on more posts going forward especially if I end up having more than 1 in a dag. So Please Shill me your Favorite Memecoin (or altcoin for all I care) and why you like it and I'll make sure to give an upvote for the engagement!


High Market Volatility

With a correction on Bitcoin because of the war, Memecoins also saw quite some volatility which caused a 20% decline in the overall value. This is pretty much the name of the game as everything can happen. Right now Memecoins are a gamble for the big public to one day get back in crypto (likely after BTC reached 100k+) which can make some of them go wild. I do believe (& hope) that at some point this will be the case again and I'm holding tight during the ups and downs until this point is reached.

Missed Opportunity :-(

In Week 26 & 27 I wrote how both $GUMMY and $BAKED were on my radar after they were in a beaten down state. The plan was to just get 100$ or so on both but I kept delaying it until the point where it was too late as an announcement of affiliate revenue to be used to buy back and burn Baked.

CoinPrice Week 26Price Week 27Price NowDifference
$GUMMY0.008363$0.01078$0.01388$+66%
$BAKED0.003573$0.004147$0.02145$+500%

Week 26

Week 28

I'm not going to chase it now and the only option left is to buy some Gummy but it's actually not that far way and I don't like this situation where they have to support 2 tokens.


New Buy!

After missing the $Baked pump I did put the SOL that I put aside into buying some more $PONKE getting my holding of that one to a round 2000. I bought around 0.35$ and now it dropped to 0.30$ which is how it one way or another always goes. In the end though, it's about the mid-long term and I'm still quite pleased with my Memecoin portfolio.

When I bought, the chart also looked good in that it bounced on the upward support line but since it fell back to it and I'm hoping it will hold and continue to climb higher. At 160 Million Market cap, it is still far away from how high something like Popcat has gone while the charts look very similar in setup.

If Popcat pumps more reaching the resistance line I might actually look to try and short it on Rollbit.


New Week Watchlists!

I'm not really paying too close attention to memecoins at the moment and would need to sell something at this point in order to buy something new. So I'm just holding tight to see where it all goes the coming months.


Current Holdings (Solana)

Week 26Week 27

Meme Coin Portfolio


CoinChainPriceChangeHoldingValue
BRETTBASE0.08557$-10%240002053$
JASONSOLANA0.001669$-34%1M1669$
WIFSOLANA2.45$+10%5001225$
MOGBASE0.000001509$+2%500M754$
PONKESOLANA0.3079$-12%2000 (+600)616$
BENJISOLANA0.0004444$-5%1.2M533$
LOABASE0.009567$-47%50k478$
KEYCATBASE0.003897$+85%120k467$
MANEKISOLANA0.004985$-26%75k374$
REDOTON0.3088$-18%1000308$
BENJIBASE0.03001$+6%10k300$
VCATSOLANA1.09$-26%250272$
USUGSOLANA0.0002311$-22%750k173$
ROOSTBASE0.003338$-26%50000167$
SLERFSOLANA0.1457$-16%1000146$
PENGSOLANA0.1256$-8%1000125$
MOCHIBASE0.0000099$-30%10M99$
LOA on SolanaSOLANA0.005277$-62%1250066$
DOHSOLANA0.00004075$-30%1.25M51$
HAPPISOLANA0.0003202$+52%160k51$
MAMBABASE0.0001386$-10%320k44$
BONKSOLANA0.00002177$+9%2M44$
SENKSOLANA0.00001516$-33%1.5M22$
Buy Funds-----
SOLSOLANA144$-0.343$
----Total10080$

Previous Weeks

WeekPortfolio ValueWeekPortfolio ValueWeekPortfolio Value
Week 011680$Week 1117894$Week 217385$
Week 024091$Week 1213771$Week 228204$
Week 034256$Week 1312849$Week 238835$
Week 044574$Week 1412998$Week 248310$
Week 054631$Week 1510177$Week 259651$
Week 066511$Week 1610207$Week 269416$
Week 076461$Week 1711846$Week 2712083$
Week 088536$Week 1811678$Week 2810080$
Week 099829$Week 1910889$Week 29-
Week 1014262$Week 208856$Week 30-
------
-----Total Profit Taken
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Conclusion

I'm still having plenty of fun with these Memecoins especially now that some start to pump again. I will see how it continues to evolve. A week is an eternity in meme coin world so I'll be back in 7 days with the next update...

Posted Using InLeo Alpha



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7 comments
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I don't feel comfortable buying memecoins.
However you are doing good considering your results.
Good luck!

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It used to be the same thing for me but systematically seeing the biggest shitcoins with zero fundamental value go up the most since I got into crypto in 2017 made me flip a switch on it. This said, I'm fine if all go to zero. It's all about risk/reward and I hope to have at least 1 or 2 big winners which I don't sell way too early.

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Cool. I will take a look at your strategy.
Have a great day!

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Looks like the experiment isn't really bringing in more comments.

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