solana meme play
now many of you will just randomly ape this as soon you see the ticker.
DONT.
try to get in on some pullback after initial hype.
as you know these picks are not scalps. if I like a coin usually like to play it for long term and have a moon or busy mentality.
and i try to support the community if they are wholesome.
heres the CA
CS7LmjtuugEUWtFgfyto79nrksKigv7Fdcp9qPuigdLs
Thesis
its a meme so the thesis doesnt need to be that deep.
all it needs is attention and mindshare.
the idea is always think what would millions of normies like?
same thought process was applied to wif popcat billy fwog selfie and all other picks previously.
universal + likeable.
in a meme cycle the idea is to find a dog coin that can go on a 2021 shiba inu kind of run.
what better than a literal shiba inu breed which has millions of tiktok followers.
normie recognition is high already.
its also available on moonshot app so very accessible to normies too.
i liked it since it got listed on moonshot but a sudden 90% drop in a single day got me a bit concerned.
i tried to look but did not find any wrongdoing as such. (if you do then let me know)
so my basecase is it was just part of normal 90% correction that ALL memes have gone through.
breaking above ATH should put all doubts to rest.
community is also growing well.
once theres enough price history you can run the web3quant indicator on it too.
as always if they are hyper-volatile and 99% of them goto ZERO.
so if you do decide to play it then dont expect handholding of trades.