#usedcar on Solana.
Still motoring along.
While the hype of Solana memecoins has been and gone there are a few that didn't rug on everyone.
Few and far between at this stage. I would estimate that 99% of tokens launched on Solana didn't last a month before losing all value and trading volume.
My only and longest hold to date on solana is #usedcar.
It never did live up to it's early hype but unlike the majority of tokens that launched it never rugged. The lead devs sold to the community in the early days and since then it's been a community effort to get some recognition.
Out of all the shit i saw and bet on the solana chain it's the only one that i actually enjoyed.
I enjoyed the community and i enjoyed the content that they were making.
I'm fairly sure that it's never going to hit 100M but it would be nice to see a decent profit at some stage. I've managed to increase my holdings to 160K tokens through selling a few pumps and buying back the dips.
At the moment the pumps are too small to risk my stack but it would be great to hit 250K at some stage and then sit for anoher six months on it.
I do still think that there will be an upside someday as people are holding so it wouldn't take much to grow the momentum and get it trending again.
The price is sitting at 0.0042 at the moment but it was looking to be a good buy at 0.02 at one stage even heading towards 10c when it launched.
I wouldn't mind seeing those numbers again someday but the community is still strong and the car still runs. Lets wait and see how long it can run for before it runs out of gas.
Posted Using InLeo Alpha
It is one of the coins I heard about but never bought or was tempted to buy. Looking at some of the metrics like Twitter Followers, Who Follows, and Telegram while it holds up above 1M market cap along with quite some locked liquidity, it looks good.
There are so many of these types of coins though and it does feel like it's random which one tend to pump. It's going to be interesting to see what they all do going forward. Good Luck!