Rebirth of Solana Memes
Solana memecoins have had a pretty wild ride over the past 2 years, from essentially nonexistent to one of the highest volume endeavours ever in crypto. We see millions of dollars everyday pour into the ecosystem.
Solana at large at has most mindshare in crypto aside from Bitcoin, its referred to as the Casino. But, Solana offers alot more than memes. It also happens to be one of the most user friendly experiences to date with the abundance of infrastructure designed for quick and easy transactions.
It’s also the home of many defi protocols, and sports betting sites. Solana won’t be an easy ecosystem to replace by competition. Although possible, yes, I remain very optimistic for the future of Solana throughout all of the price fluctuations and sentiment changes.
Reset
We’re in the midst of the great reset from an extremely euphoric time in the memecoin world. Coins with nothing but promises were instantly hitting multimillion dollar valuations. Speculation and Fomo were running high, greed soared. The bad actors saw this and promptly used their influence to mass extract by any means necessary leading to several horrible launches. Most notable $LIBRA which is turning into a pretty big scandal.
However, when these things happen it causes everyone to rethink their strategy and cool their jets as they say. We’re seeing volume in dexes dramatically decrease and fewer and fewer wallets are actively participating.
This may seem pretty “bearish” but it is actually healthy. Over time we will see more community focused tokens rally and people will embrace the organic appeal. We’re already starting to see some of this happening.
The idea or dream of memecoins changing your life however, has become more challenging as more participates join, and sophisticated traders with advanced tools and knowledge rein supreme. Despite that, if you’re showing up daily and practicing your trading with discipline and strategy you can certainly make a decent income. I recommend referring to my trading guide. HERE
I must stress however it is not easy, it’s a game you must enjoy to win. Following the latest trends, news and charts. It’s a fast game, its pvp. If you want to be in crypto, for most buying and holding Bitcoin over years and years is truly the best strategy.
Opportunity
There is ALWAYS opportunities in crypto; and I stress that the biggest one lies within the creator economy. Creators in crypto have been heavily rewarded for years and years. If you’re native to the space the barriers are low; however if you’re new the barrier is quite high.
It all comes down to building a growth strategy and sticking to it. I have written 2 guides on how to get started.
Getting Monetized on X
Building A Personal Brand In Crypto
Mind Gains
Fomo Fomo On X started in crypto with nothing and turned it into many millions… pretty impressive stuff. He’s on a similar arc as me when it comes to being a creator + trading.
All new people, I recommend they join Mind Gains and make it their home to trade from. Good people, safe place and lots of good calls.
It’s a paid group which means there is loss competition on calls and you’re given priority.
To join visit the following links
Monthly Admission
Yearly Admission - crypto accepted
You mention buying Bitcoin - what are your thoughts on buying into Solana?