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- 3 Sub-$1M Memecoins Waiting to Print…Last One Could Make You Rich!Post
3 Sub-$1M Memecoins Waiting to Print…Last One Could Make You Rich!Post
Low-cap memecoins can create nearly instant wealth or wipe out your speculative portfolio just as quickly. I'm adding 3 high-risk memecoins to my portfolio, hoping at least one takes off.
Image from 2019 Twitter- https://twitter.com/DansDoingIt/status/1211343164390432768
In mid-January, the Avalanche Foundation announced they would invest $100M in memecoins. In response, I FOMO'd and bought six Avalanche memecoins. I invested equal sums in five and 1/10 of the sum in the sixth. They went up for a couple of days, and then, before I knew it, I was down 70%. I continued holding because I invested in the narrative and felt that memes would pump again.
Recently, all six of these memecoins went on a run. In less than one week, I went from being significantly down to being up 100%! Unsurprisingly, the coin that massively outperformed the others did a 20X. Inconveniently, it was the one where I invested the lowest amount.
I learned a few things from this experience: 1) You can quickly make or lose a lot of money with memecoins. 2) If I am going to gamble, I should take all bets evenly. If I had invested the same amount in the 6th memecoin, my portfolio would have tripled instead of doubled, and 3) Low cap memecoins are probably the easiest and fastest way to get 10–100x returns.
Today, I invested in three memecoins with a market cap of less than $1 million. I've decided to spread them among the three hottest chains for memecoins: Ethereum, Avalanche, and Solana. I'm investing this money with the knowledge that it can completely disappear. My goal is that one or two take off, and my initial investment grows tremendously. Ideally, I make money on all three!
Please note I haven't invested significant funds in any of these projects. The idea is that a $100 investment could grow to $5000 if the market cap reaches $30M or above. I am not a 1% holder in any of them. I also know that these coins can be extremely volatile. None of these coins are on major exchanges, and I am confident (but not 100% assured) that they won't be rugged. I will rank the coins from highest market cap to lowest.
Blepe the Blue NFT
Memecoin #1: Blepe the blue- $BLEPE
Chain: Ethereum
It can be traded on Uniswap; the contract address is:
0xf3617e8a04265160b9ee10253a2c78565571cb76
Market Cap at time of writing: $600K-Chart
ATH high Market Cap: $2.1M
Current Holders: 447
Launch Date: February 20, 2024
Thesis- There is a massive amount of liquidity on Ethereum. Right now, the focus is on other chains with lower fees, but market caps on Ethereum are capable of accelerating much higher.
The team launched NFTs that were used to buy and burn Blepe. You can learn more about the Blepe story by visiting the website: https://www.blepetheblue.com/.
Telegram Link: https://t.me/blepetheblue
X Link: https://twitter.com/blepetheblue
Memecoin #2: Joe Hat- $HAT
Chain: Avalanche
It can be traded on Trader Joe; the contract address is:
0x82fe038ea4b50f9c957da326c412ebd73462077c
Market Cap at time of writing: $570K-Chart
ATH high Market Cap: $1M
Current Holders: 779
Launch Date: April, 2022
Thesis- When Trader Joe launched, they airdropped 150 early users 1 HAT token. This means the total supply was 150 HAT tokens! If the owner redeemed the HAT token on https://hat.traderjoexyz.com/#/, they would receive a physical red hat, and their HAT token would be burned. According to Twitter, 7 HAT tokens have been redeemed and burnt in the past two years.
Priced at around $4000, this could become the highest-priced memecoin. For example, with a $50 million market cap, One HAT token would fetch $350,000. If the price gets high enough, it could attract whales or speculators who want to own a piece of the highest-priced memecoin.
The HAT story gets more interesting because 30 wallets have exactly 1 HAT. These could be the 2022 airdrop recipients who don't even know they own HAT or potentially patient (waiting two years) dumpers ready to take liquidity. I think it's more of the former because some people would probably sell the HAT token they were airdropped for $4000 today.
Additionally, the Avalanche Foundation is investing $100 million in memecoins, which means that liquidity will pour in. While this project probably won't get direct investment, winners in Coq Inu and other high-valued memecoins could diversify into HAT.
Telegram Link: https://t.me/TJ_HAT_collectors
X Link: https://twitter.com/tjhatclub?s=21&t=pjNUiJJWIn0QQDUfdDKXgg
Memecoin #3: DogWifBeanie $BEANIE
Chain: Solana
It can be traded on Raydium; the contract address is:
H8uMgaBTAoczhEuZFGZRUECipvyaL72RfF32dQ3tBrkX
Market Cap at time of writing: $200K — Chart
ATH high Market Cap: $290K
Current Holders: 582
Launch Date: March 4, 2024
Thesis— Solana memecoins have been crushing. The problem is that many of their market caps are so high that making gigantic returns is nearly impossible. Most of the winners in those high-capped memecoins are the developers and team who bought at presale or launch.
This memecoin has an interesting story because the dev didn't originally own any coins. He was given coins and stupidly sold them on the market. The community lead team is now driven to make this a successful and fun opportunity on the hottest blockchain.
If you want to invest in Beanie, be sure to use the contract address above on DexTools or Telegram. Because the name is so awesome, scammers have used 'Beanie' and rugged unknowing investors.
Telegram Link: https://twitter.com/dogwifbeanie
X Link: https://t.me/dogwifbeaniesol
Final Thoughts
All three memecoins allow us to be venture capitalists and contribute to the coin's success or failure. Each has a unique narrative, and I believe all three can succeed in an environment where everyone is pumping Memecoins. That said, they could all fail just as easily. I'm trying to say that you don't have to invest a huge amount since the Market Caps are under $1M.
Also, I'd encourage you to check out Telegram and their X accounts. See if the culture resonates with you. Ask questions. The HAT Telegram is a bit of a ghost town, but there's a mod there who is responsive and has been around for a while.
If you do invest in these, be sure to share this article with fellow Memecoin ̶s̶p̶e̶c̶u̶l̶a̶t̶o̶r̶s̶ degens. Clap, comment, and highlight this article to increase the distribution. The more the communities and investor base grow, the more momentum the Memecoin can have. This results in higher prices, more fun, and the potential to make a huge ROI.
This information should not be taken as investment advice. Memecoins are extremely risky and often go to $0. Digital assets like crypto and NFTs involve risk, so you should always perform due diligence before investing. I haven't been paid or sponsored to write this; I am a fellow community member for each memecoin.
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