3 Sub-$10M Memecoins That Can Go Full Send!

Selecting altcoins to invest in can be like guessing the top card in a full deck. You have a 1/52 chance of guessing the exact card. Guessing right can lead to a massive payday while guessing wrong can take us on the speed train to Rekt City.

But what if we can improve our odds? For example, what if we knew the next card would be a face card? Instead of a 1/52 chance, we’d now have a 1/12 chance. And what if we found out the suit of the face card was spades? Now we’d have a 1/4 chance.

When investing in altcoins, my goal is to narrow the pool and increase my chances of success. I’m not a part of the inside influencers, the cabal, or the ‘development team.’ So, probably like you, the odds are stacked against me.

And I don’t want to spend all day on Twitter hoping to follow the right person at the right time. Instead, I often try formulating a logical reason to make my investments.

Perhaps this is foolish, and sometimes it is. I’ve invested in many projects that have been rugged, hacked, exploited, or managed by awful teams, and I’ve lost large sums. On the other hand, I’ve had some strong ideas that have played out as I hoped.

Should I have false confidence?

If you don’t want to read the fluff, skip a few sections to ‘The Picks.’

My successes can be attributed to luck, timing, patience, or many other coincidental reasons, but I like to think my strategy plays a role in them. I encourage everyone reading to assert themselves mentally based on my shared information.

I’ve had some nice wins recently. In August, I wrote about Bitcoin Puppets Ordinals-Making Massive Returns With This Undervalued Derivative, trading around 0.08 BTC and now selling for 0.18 BTC ($5K-$11.4K today).

Also, in August, I wrote about SUI in Fundamentals & Hype on This Altcoin Is Screaming BUY! when it traded for less than $0.90. It wasn’t the low, but SUI is trading for over $2.

More recently, I wrote about the memecoin, BLUB, in my September article, "Can This SUI Coin Go Up By 1000%?" It traded for a $15M market cap and grew to $50M today.

My goal here is to illustrate that I am somewhat of a reliable narrator. I’ve also made some bad calls, but my recent losers are down around 20% max, and I am still bullish on most of them moving forward.

I hate when influencers brag and rub their great calls in listeners'/readers' faces, and I hope I’m not coming off as cocky. However, these gains would impact any investor's portfolio.

Why Memes

Memecoins are absorbing most of the attention right now. Normal crypto traders feel burned by the VC tokens launched with massive valuations and low floats. Anyone investing at or around the launch is (mostly) nursing their wounds in their portfolio.

I won’t go too into the weeds, but here are some examples: ENA -42% from launch, ZKL -65% from launch, W -76% from launch, STRK -78% from launch…I can keep going, but you get the idea.

Meanwhile, some ordinary crypto traders have had or feel it's easier to succeed with memecoins. There aren’t VCs, early contributors, unlocks, devious and incompetent devs, heavily bribed shills, or false promises with memecoins. Yes, memecoins have some of these features, but every VC project is guaranteed to have nearly all these headwinds.

I’ll be the first to say that memecoins are probably rigged, too, but the illusion they are easier to profit from has turned into a self-fulfilling prophecy.

I’m not going to BS you and say memecoins are a dynamic paradigm shift, culturally significant, or any other parts of the narrative that memecoin influencers or shillers push. 99% of these will be worthless, like most NFTs from last cycle, in a few years.

Apologies if I come off as cynical. But I want you to understand that last cycle’s strongest memecoins, DOGE, FLOKI, and SHIBA, aren’t trading near all-time highs, so I urge you not to roundtrip profits in memecoins if you are lucky enough to get some.

Memecoin trading popularity is observable by looking at trading volumes. Memecoins often trade with higher daily volumes than DeFi, Gaming, and AI tokens…combined.

They don’t require complicated whitepapers, tokenomics, or unlock/vesting schedules, and they are the crypto investment that appeals to the lowest common denominator. How else can a token like Skibidi Toilet have a $44M market cap?

The Strategy

I’ve noticed the most successful chains are attracting trading new users and volume via memecoins. Some chains are embracing memecoins significantly more than others. This can be for several reasons.

For example, trading memes on Solana is cheaper and faster than Ethereum. Solana also has the best crypto app in Moonshot, the easiest way to onboard memecoin speculators.

Base has millions of customers and is trying to get them to use the Base ecosystem. Every trade on Base adds to Coinbase’s bottom line, and they want transaction fees. They make purchasing and trading memecoins relatively easy and cheap in their Coinbase wallet.

And new blockchains run by competent teams such as Sui are cheaper and better than Solana, and they recognize that memecoins will bring users. With less memecoin competition, these are breeding grounds for new projects to take off.

Considering this, I want my three memecoins to be on popular or growing ecosystems. One of my choices is from Base, another is from Sui, and the third is from a potential dark horse in Sei. The total value-locked graphs on DeFillama illustrate these are growing ecosystems.

Let’s compare that to shrinking or flat chains. The chains below are examples that aren’t capturing mindshare.

The Picks

These are all sub-$10 million market cap coins. And, they are memecoins. This means they are extremely volatile as their value is 99% speculation and 1% BS.

I bring this up because I wouldn’t overinvest in any of these. They are risky; if you don’t feel comfortable with huge swings, do not touch them.

Coin #1 Suiman- SUIMAN
Coinmarketcap Link: https://coinmarketcap.com/currencies/suiman/
Market Cap- $6.7M

If you can’t tell, I have a raging hatred for Sui. The reason is that the Sui blockchain works as it should—transactions process quickly and cheaply with finality, and a professional team runs it.

I can see the Sui ecosystem growing dramatically as the Sui team keeps getting win after win. Nothing is more attractive than a rising price, and SUI has been on a tear.

I recently invested in Suiman. It could be extremely risky because it’s less than two weeks old. But it has a lot of momentum, is backed by strong influencers, and is in the sub $10 million range; there aren’t too many competitors on Sui at this low market cap.

Coin #2 Based Chad- CHAD
Coinmarketcap Link: https://coinmarketcap.com/currencies/based-chad/
Market Cap- $5.7M

I first wrote and invested in Based Chad in March, when it had a slightly lower market cap. Since then, the price got beaten down pretty badly. Recently, it has had a tremendous resurgence, up 900% in the past 60 days!

I haven’t sold any of my CHAD and added more during its downtrend. Base season will be returning, and many longtime CHAD holders have the conviction and the stones to hold their bags.

Chad is a recognizable meme, and Base is a recognizable chain. I want to own a memecoin with strong momentum and a group of investors who have persisted through adversity.

Coin #3 Milli-MILLI
Coinmarketcap Link: https://coinmarketcap.com/currencies/milli/
Market Cap- $2.4M

I wrote about MILLI recently in my article about Sei memecoin proxies. My theory is that Sei and Aptos will follow Sui’s lead. Aptos has a disappointing memecoin ecosystem, so I invested in Sei’s memecoins.

The nice thing about Sei is that there aren’t many investment options on the chain. Many of the platforms don’t even have tokens yet.

But Sei’s total value locked has skyrocketed, and as liquidity increases, it will want to find its way into speculative investments (I hope). It doesn’t seem Sei has embraced memes as much as Sui or Base, but I’m hoping they get strategic and understand the most efficient way to attract users.

All of these are at All-Time-Highs!!

Some people hate buying at all-time highs. Since I’m not trading on leverage, it doesn’t concern me too much. There will always be pullbacks and better entry points than the ones I get, and I’m fine with that.

Big picture, the total memecoin market cap is $55 billion. If it increases to $500 billion or higher, will I care if I buy something at a $6.7 million market cap instead of a $4 million market cap? If memecoins make these kinds of leaps, I’m confident that at least one will be a winner and outstrip any potential losses.

Remember that Charles Bukowski said, “The problem with the world is that smart people are full of doubt, while the stupid people are full of confidence.”

Key Takeaways

Memecoins are the hot narrative right now. DeFi hasn’t come up with anything revolutionary, and AI coins are essentially memecoins with AI in their names.

We saw a massive memecoin season earlier in the year, and as the market shifts towards altseason, all signs are pointing to memecoins being the leaders again.

The safest memecoins are probably the large-cap new memecoins with strong ‘organizations’ behind them. Then again, they will probably fall the hardest when the market contracts again. Meanwhile, these sub-$10 million memecoins offer massive upside and require a small investment for potentially outsized gains.

Thanks for reading most or all of this article. If you are investing or thinking of investing in these coins, be sure to clap, comment, and share the article. As a small-cap memecoin investor, you can impact the success or failure of the projects you speculate on.

Share your opinions if you think this is all smoke and mirrors and I’m creating a narrative for utter BS. If you are a scammer, you will not read this and add your crappy comment. I hope you have a miserable existence.

I own Bitcoin Puppets, SUI, APT, SEI, DOGE (which I’m probably going to sell), CHAD, SUIMAN, and MILLI. I haven’t been compensated by any of these projects and am not apart of any teams.

This information should not be taken as investment advice. I am no more qualified to give financial advice than to teach an online class about Chaucer’s Canterbury Tales. Digital assets like crypto and NFTs involve risk, so you should always perform due diligence before investing.

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