dvdan
@dvdan
The Solana play doesn’t seem that difficult this cycle. Keep it simple. A little DEX/DEFI exposure, some large cap Memes, a little gaming, etc. $SOL $JUP $PYTH $BONK $MEW $AURY $ATLAS Don’t go chasing a bunch of garbage and relax. Take profits along the way and you’ll be fine.
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meta-david🎩 | Building Scoop3
@metadavid
What's the upside in large cap memes? (not asking with skepticism, I legit don't know and my only frame of reference is stocks, haha) 🍖x100 40👏 75 $Aba
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dvdan
@dvdan
Upside is modest but downside is also more protected. For solid large caps sitting near or at $1B right now it’s unlikely that they go to zero. Using the current MC of Doge, previous ATHs of the specific assets, a range of projected growth multiples for crypto as a whole asset class, & the current memecoin narrative…I’d say 2x - 5x from here seems reasonable. Maybe a couple do 6x - 20x. 🤷‍♂️ Downside maybe 60% - 80%. Seems like a good risk/reward as a portion of a balanced investment in the Solana ecosystem.
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