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⚠️ Crypto Expert Reveals How To Find 'High-Risk High Reward' Meme Coins 🔺 Crypto trader highlights how traders should study market conditions before investing in meme coins. 🔺 He noted three waves to be identified before investing, in which wave the meme coin is in currently. What Happened: The researcher highlights the potential of meme coins with stories of individuals turning $1,000 into a million dollars within a month. However, the reality is often different with many traders buying a meme coin thinking they are early but they land up at zero. He cited the real example of someone who bought $600 worth of Pepe on the first day it was tradable, sold the same day for a $60 profit, but could have made $9 million if they had held on. He recommends having a combination of two approaches for playing the game well: 🔺 Meme coins tend to perform best during specific periods, such as Q1 2024 and Q2 2023. 🔺 Studying parabolic moves and adoption waves, as meme coins often experience explosive growth followed by steep corrections. He breaks down the adoption waves of meme coins into three distinct phases: 🔸 𝗪𝗮𝘃𝗲 𝗼𝗻𝗲: Riskiest but offers the highest potential rewards, early buyers positioned to make substantial gains. (Examples: Popcat, Grok, BOME) 🔸 𝗪𝗮𝘃𝗲 𝘁𝘄𝗼: More challenging, as traders must determine whether a meme coin will continue its upward trajectory or fade away. (Examples: Dogwifhat, Pepe, Bonk) 🔸 𝗪𝗮𝘃𝗲 𝘁𝗵𝗿𝗲𝗲: Least risky, as the meme coin is already established. Potential returns are lower compared to earlier waves. (Examples: Dogecoin, Shiba Inu) He cautions investors/traders of influencers and "shillers" who may have their agendas, but not to ignore them entirely, as they can provide valuable information. #meme #memecoins #memecoin

⚠️ Crypto Expert Reveals How To Find 'High-Risk High Reward' Meme Coins

🔺 Crypto trader highlights how traders should study market conditions before investing in meme coins.

🔺 He noted three waves to be identified before investing, in which wave the meme coin is in currently.

What Happened: The researcher highlights the potential of meme coins with stories of individuals turning $1,000 into a million dollars within a month. However, the reality is often different with many traders buying a meme coin thinking they are early but they land up at zero.

He cited the real example of someone who bought $600 worth of Pepe on the first day it was tradable, sold the same day for a $60 profit, but could have made $9 million if they had held on.

He recommends having a combination of two approaches for playing the game well:

🔺 Meme coins tend to perform best during specific periods, such as Q1 2024 and Q2 2023.

🔺 Studying parabolic moves and adoption waves, as meme coins often experience explosive growth followed by steep corrections.

He breaks down the adoption waves of meme coins into three distinct phases:

🔸 𝗪𝗮𝘃𝗲 𝗼𝗻𝗲: Riskiest but offers the highest potential rewards, early buyers positioned to make substantial gains. (Examples: Popcat, Grok, BOME)

🔸 𝗪𝗮𝘃𝗲 𝘁𝘄𝗼: More challenging, as traders must determine whether a meme coin will continue its upward trajectory or fade away. (Examples: Dogwifhat, Pepe, Bonk)

🔸 𝗪𝗮𝘃𝗲 𝘁𝗵𝗿𝗲𝗲: Least risky, as the meme coin is already established. Potential returns are lower compared to earlier waves. (Examples: Dogecoin, Shiba Inu)

He cautions investors/traders of influencers and "shillers" who may have their agendas, but not to ignore them entirely, as they can provide valuable information.

#meme #memecoins #memecoin

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💥 Market Bears Take Over Meme Coins The temporary rise in cryptocurrencies and the ATH seen in PEPE may have led to bears taking over the market again. The negative outlook seen in meme coins in the last 24 hours has worried everyone, especially meme coin investors. So, how do the prices look at the peak of meme coins? 🔸 How Much is 1 DOGE in Dollars? DOGE, the undisputed leader in terms of volume among meme coins, seems to be losing strength. This situation has caused SHIB to get closer to it. As of the time of writing, DOGE’s price has dropped to $0.1497 after a 3.93% decline in the last 24 hours. The 7-day price movement for DOGE shows a 1.52% decline. DOGE’s market cap has fallen similarly to $21.6 billion, while its 24-hour trading volume was $1.376 billion, which means a 21% drop compared to yesterday. 🔸 SHIB Commentary and Price While the SHIB Army’s questions about the Shiba Inu development team are increasing day by day, its approach to DOGE has created excitement. As of the time of writing, SHIB is trading at $0.00002453 after a 2.86% decline in the last 24 hours. The 4.35% rise in the last 7 days has reduced the market cap difference between SHIB and DOGE to $7 billion. SHIB’s market cap is around $14 billion as of the time of writing. SHIB’s 24-hour trading volume is below $1 billion, standing at $832 million as of the time of writing, which means a 19% drop compared to yesterday. 🔸 PEPE Moves Away from ATH After a dream-like 2 days for PEPE Coin, things seem to have taken a turn. PEPE, which refreshed its ATH on May 15, seems to have started to decline again as of today. There were comments about some whales selling, which might have influenced the price drop. As of the time of writing, PEPE is finding buyers at $0.00001006 after a 4.65% decline in the last 24 hours. It is already 13% away from its ATH of $0.00001156. Despite this, the over 17% increase in the last 7 days has been positively received by investors. $SHIB $PEPE $DOGE #SHIB #PEPE #DOGE
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📈 LINK price jumps 10% as Chainlink races toward tokenization of funds Chainlink (LINK) price has remained range-bound for a while, stuck between the $16.00 roadblock to the upside and $13.08 to the downside. However, in light of recent revelations, the token, which powers the verifiable web of the decentralized computing platform, may have further upside potential. 🔸 Chainlink finalizes tests with DTCC and US banking giants In its pursuit to accelerate the tokenization of funds, the Chainlink network has completed its planned tests with the DTCC and ten partnering firms. The partnering firms are American Trust Custody, Edward Jones, JPMorgan, American Century Investments, Franklin Templeton, MFS, US Bank, BNY Mellon, Invesco, and State Street. 💬 We’re excited to share the results of a new Smart NAV industry pilot between @The_DTCC, Chainlink, and 10 of the world’s largest financial institutions that delivered key mutual fund data onchain. — @Chainlink The test reiterated the ability of Chainlink’s Cross Chain Interoperability Protocol (CCIP) to serve as an abstraction layer between the DTCC and the many blockchains needed for integration now and in the future. In an interview, Chainlink co-founder Sergey Nazarov says that this test is important, showing “large market participants are coming together to use blockchains, smart contracts, and Oracle networks together to solve very tangible immediate problems.” 💬 @SergeyNazarov on the significance of the DTCC Smart NAV pilot with Chainlinkn — @Chainlink Chainlink price is up 10% in the past 24 hours, riding the wave of this news as well as the broader bullish sentiment as Bitcoin price remains above $65,500. With the Relative Strength Index (RSI) sustaining higher lows into the region above the mean level of 50 and the Moving Average Convergence Divergence (MACD) holding above the orange band of its signal line, bullish sentiment is growing in the LINK market. $LINK #LINK #Chainlink
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