BUZZ BUZZ BUZZ!
the biggest shitcoin winners have been memes that people are using to pump and dump.
safemoon is the worst of this by far so itâll probably be #1 in 10 years thatâs how this works right.
what the hell is decentraland
I bought some AXS and that went up, thatâs nice. Shouldâve bought more doh.
shib passed doge again, doesnât seem like thereâs room for multiple meme shitcoins in the top 10 but what do I know, maybe the entire top 10 in a few years are all those
So why did you buy that one?
well upon research yes itâs already #1 in whatever gaming on this there is and itâs risen a lot but itâs mostly only big in the phillippines and theyâve been working hard on easier to entry. ie, still has room to grow somehow.
could just be dumb luck
I picked SafeMoon because itâs got a pretty massive community following it and once it starts taking off, everyone is gonna FOMO in (kinda like now).
Even as a pure meme it has a lot of potential, but it actually has some use cases. Just released their own wallet (which is shitty but whatever), plans to release their own exchange and Blockchain, wind turbines, some project in The Gambia, and they recently opened new headquarters in Utah. So it seems like thereâs an actual team working on stuff (they claim the team is 90 people, but who knows).
On top of that, the top 100 whales only own 10% of SafeMoon whereas the top 10 own 50% of Doge and Shiba, so itâd be a lot tougher for a few people to completely pull the rug.
In any case, even if the projects are all an illusion, thereâs tons of value in it as a pure meme. I initially got in when it was at .x5 awhile ago but bought more at .x2 and .x1 and am up 300% and 600% on those. Probably gonna sell to cover my initial investment then let the rest ride and see if it can go to 40B+ market cap like Doge and Shiba (which would be about 13x from the current price).
Admittedly, I donât know shit about this stuff compared to the geniuses in here, so I probably got lucky to not just lose all my initial investment.
safemoon is nothing but a pump and dump schill coin also original creator probably still holds the vast majority of the supply.
which means I have a hard time getting into it and also itâs more likely to boom than anything else.
How can you know that? Can you tell if a person owns multiple wallets/accounts/whateveritscalleds?
I guess people could own multiple wallets, but at least there arenât individual wallets with like all the SM
Decentraland is a virtual world where people own and show off their digital assets (like NFTs). You can buy land plots and do stuff on them, basically like The Sims
Decentraland is a virtual world where people own and show off their digital assets (like NFTs). You can buy land plots and do stuff on them, basically like Mark Zuckerbergâs vision of the future
FYP
I was trying to figure this out last night when it was a buck but didnât buy it
itâs almost a buck and a half
facepalm
How come my dog coin not go up
The recipient doesnât actually have that money yet. If they try to sell 5.7 billion worth of $SHIB the price will do a Space Shuttle Columbia. Itâs worth a ton of money but there is no way you can realize anything like 5.7 billion on that.
Edit: Although looking at the market cap and trading volume, you could get several billion from it, probably.
How is the market cap of this thing $31 billion? Thatâs $100 for every man, woman and child in the United States. Bizarre.
Getting the folks to buy into it is the only way to get your sells through - which was the crux of the whole idea that was tried during peak times of disposable income in early 2018 and now.
The brilliance of investing in worthless cyberspace coins always seems to nicely align when free money is available.
I did manage to panic sell 100k of the doggies for 6370 so at least thereâs that
decentraland now 2.28 and I didnât buy any welp
30 min later 2.60 jfc
I bought at 1.36 and sold this morning at 1.80.
Cliffs: lol me