Today we’re exploring the exciting world of Solana memecoins in three levels of degeneracy. The Solana Ecosystem has captured the imagination of creators and traders around the world with an explosive mix of humor, creativity, and of course speculation. Remember the wild rise of Dogecoin last cycle?
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Today we’re exploring the exciting world of Solana memecoins in three levels of degeneracy. The Solana Ecosystem has captured the imagination of creators and traders around the world with an explosive mix of humor, creativity, and of course speculation. Remember the wild rise of Dogecoin last cycle? Its peak market cap of $90 billion gives us a hint of the potential awaiting in the current memecoin frenzy.
The absurdly high valuations on Solana memecoins have led to a theory that the lowest IQ strategies will likely perform the best this cycle.
We’ve seen misspelled politician and celebrity tokens mooning ahead of elections, and of course cat and dog memes with billion dollar valuations. That said; memecoins have no intrinsic or fundamental value; as the name suggests they are memes, and your capital is at risk. Trade with caution and don’t gamble with more than you can afford to lose.
0:00 Intro
0:57 Solana Wallets
1:40 Degen Level 1
3:16 Degen Level 2
5:55 Degen Level 3
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- Source: https://thedefiant.io/trade-solana-memecoins-like-a-pro-3-degen-tiers
