I decided to allocate $200 to four memecoins — $SUN, $DEGEN, $HIPPO, and $NEIRO — to test a simple investment strategy. $150 of that went to $SUN and $DEGEN , $HIPPO , and the remaining $50 went to $NEIRO . Memecoins are often associated with high risks, but their volatility can lead to significant profits with the right strategy. In this article, I will share my approach and expectations for each of the tokens.
Current Token Data
$SUNOG (SUN):
- Current price: $0.224272
- 24 hour trading volume: $75,580,017
- Change in 24 hours: -11.22%
- Market Cap: $223,694,226
- Coins in circulation: 997,422,087 (out of maximum 1,000,000,000)
- CoinMarketCap ranking: 229th place
$THE DOUGH:
- Current price: $0.008679
- 24 hour trading volume: $30,801,922
- Change in 24 hours: -23.28%
- Market Cap: $123,062,055
- Coins in circulation: 14,179,608,879 (out of a maximum of 36,965,935,954)
- CoinMarketCap ranking: 315th place
$HIPPO:
- Current price: $0.009527
- 24 hour trading volume: $39,766,355
- Change in 24 hours: -14.92%
- Market Cap: $95,272,672
- Coins in circulation: 10,000,000,000 (out of a maximum of 10,000,000,000)
- CoinMarketCap ranking: 376th place
$NEURO:
- Current price: $0.001988
- 24 hour trading volume: $46,907,596
- Change in 24 hours: -8.35%
- Market Cap: $103,914,465
- Coins in circulation: 1,000,000,000 (out of a maximum of 1,000,000,000)
- CoinMarketCap ranking: 353rd place
My Strategy
My strategy is based on finding promising tokens at their historical minimums and holding them for the long term. Unlike speculators, I do not try to predict the exact time to enter the market, but build positions and let time play its role. The main emphasis is patience.
Why Memcoins?
Memcoins are known for their volatility, which is both a risk and an opportunity for exponential growth. Similar to venture capital, even small investments in memecoins can yield large returns if just one of them takes off.
Example: If the $HIPPO token rises to at least $0.09527 (instead of the current $0.009527), it could bring a 10x profit. Diversification between several tokens increases the chances of success, since even if several of them fail to live up to expectations, one successful project is enough to compensate for all losses.
Current Market Situation
At the time of writing, all four tokens have shown declines over the past 24 hours:
- $SUNDOG fell by 11.22%
- $DEGEN lost 23.28%
- $HIPPO down 14.92%
- $NEIRO down 8.35%
These drops may be the result of a temporary correction. Such fluctuations are not uncommon in cryptocurrency and often represent an opportunity to buy at a lower price.
Optimism and Patience
The key to success in cryptocurrency investing is patience. Similar to venture capital, where most projects fail and one “unicorn” brings in all the profits, in the world of memecoins, diversification and a willingness to wait are important. When the market starts to recover, these tokens can show significant growth.
I don’t expect immediate results, but I predict that within a year my $200 investment could turn into $15,000 if at least one of the memecoins achieves significant growth. This is not guaranteed, but the likelihood of success increases with a diversified approach and patience.
Conclusion
My strategy is simple: invest small amounts in a few promising memecoins and wait for the market to grow. Despite the high risks, memecoins can become real "unicorns" bringing huge profits. Although $SUN, $DEGEN, $HIPPO and $NEIRO look like risky assets, I believe that one successful project will compensate for all potential losses.
This is not financial advice, but a personal experiment I decided to conduct. Time will tell how successful this strategy will be.
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