Virtual Currency - Alt Coin Discussion Thread
I wanted to post a different thread to discuss the "crypto-coin" boom that happened this week.
For those who don't know, crypto-coins (or alt coins) have exploded in popularity among the bitcoin crowd. Some coins have gone from 5-10 cents to 2-3 dollars, making early investors millions. The market caps have gone from $500,000 being significant to the same coins have 20-30 million in market cap just two weeks later.
While alt-coins have long been a favorite of the "pump and dump" crowd - much like penny stocks - it's been their popularity in China this week that have many thinking if the run can be more sustained.
Even more, some (like WorldCoin) have financial services coming out that will allow direct crypto-fiat transactions...much like Coinbase is for bitcoin.
Anyway, I really wanted to get a good discussion going here of these coins. Full disclosure: after staying FAR away from alt coins this summer I recently jumped in to three that I like a lot and think they have a lot of long-term potential: WDC, Megacoin, and Peercoin. I'd love to hear what coins others like and the reasons why!
SoP
Some known unknown/unknown unknown risk arising at MSTR or via contagion from other B-squad companies attempting to mimic (unsuccessfully) the Saylor playbook during late stage bull concurrent with a rehypothecation/liquidation bankruptcy would be my current best guess for the straw that breakÂ’s the camelÂ’s back to kick off the next bear marketÂ… but if itÂ’s not that itÂ’ll probably be something AI/agent related that completely vaporizes $100bn of absurdly marked up market cap a la Terra Luna
Memecoins proved that retail doesn't care about L2 tech stacks. How can retail determine if they should invest in Monad vs. Move vs SUI vs zkSync? Memecoins let them gamble on low mcaps without any research. AI Agents have the same gamble component as memecoins but it's also easy for retail to understand and or see at least some of the tech and possibilities. You can also see AI Agents "doing things" way faster than any NFT projects.
In 2-3 days you can get a decent understanding of what's going on.
Tricky taking profits on teeny cap memes. Take out initials after a 2x and it rugs, you regret not taking the 2 - 3x out and just getting out. There's always the chance it moons to make up for the rugs.
This guy says he waits for a meme to hit a 100 mil and looks for a 5x. Which makes sense if you're a whale degenerate.
34:15
https://www.youtube.com/watch?v=nJpbDHga...
Memecoins proved that retail doesn't care about L2 tech stacks. How can retail determine if they should invest in Monad vs. Move vs SUI vs zkSync? Memecoins let them gamble on low mcaps without any research. AI Agents have the same gamble component as memecoins but it's also easy for retail to understand and or see at least some of the tech and possibilities. You can also see AI Agents "doing things" way faster than any NFT projects.
In 2-3 days you can get a de
Thanks I will give it a read. I was pretty drunk when I made that post but I stand by the general sentiment.
Likely just comes down to your individual investment style. I prefer longer term buy and holds and don’t really care or have the inclination for the week or two meta rotation games. Most of these AI agent charts are going to look like Unibot’s in 6-12 months.
Two AI agent projects on solana I got into that appear to have utility are swarmnode.ai and neur.sh. Lower market cap. Should run but wouldnÂ’t want to round trip them or hold long term.
They have utility but.... don't need a token. Memes in disguise?
I bought the NASDAFUQ as a potential moonshot. I think the meme makes sense. At three days old. When you have Murad shilling spx on eth. Active telegram. I could be wrong.
Any love for Kaspa here? Its basically Bitcoin 2.0, solves the trilemma and Satoshis original vision.
Still relatively unknown so cheapish.
Donal trump himself Has just launched a memecoin on Solana. I **** you not. You are early if you read this, 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
Yeah. None of the insiders have sold, yet. New all time high right now. People aping the top.
