Nat Eliason
@nateliason
Already hit the point in the Clanker meta where it’s almost pointless to try to catch the new coin of the day if you don’t have inside knowledge and you should just buy tokenbot instead.
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jp 🎩
@jpfraneto.eth
maybe it is time for “coins of the day after” to come back from the dead and surprise
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Nat Eliason
@nateliason
Unlikely to happen, liquidity is lower than it seems and is just moving from yesterdays project to todays. Not worth holding anything unless it seems like it could break out into CT or get a Coinbase listing
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Ray 🎩
@0xgymleader
there are a few that have broken out into CT ghffb47yii2rteeyy10op is one of em
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Nat Eliason
@nateliason
Then it dumped 50% as people cashed out to buy BLONDE. BLONDE peaked at 10m today, I suspect 3-5m range tomorrow as the liquidity goes to the next thing. There will be exceptions but this is the name of the game now.
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Ray 🎩
@0xgymleader
yes but that is typical memecoin behavior. 50% is pretty mild. the good ones come back after being battle tested like this. $degen was down 90% a few times before running up to make new highs.
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jp 🎩
@jpfraneto.eth
it dumped 50%, but you may be applying the same "it only lives one day" schema to that dump on prize, instead of it being a natural refreshing of its madness my biggest bag rn is $ANON. by far. and that same bag once was 2k then the next day it was 9k. i was extatic. then it was 3k again (which could be the same moment of 87i2h87asnsjjuuuiiop today, taking air) just to then explode back to 12k that's why the most valuable strategy (imho) is to find your winners and stick to them (and bet like a maniac degen as you do that... just in case you find a gem on time. you never know)
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