Memecoins took off amidst the past few weeks' ecosystem pumps - and it seems like each chain has their own native animal-related

12 Dec 2023, 17:15
Memecoins took off amidst the past few weeks’ ecosystem pumps - and it seems like each chain has their own native animal-related coins. Solana has BONK. Avax has HUSKY. Base has TOSHI. ETH has SHIB. But how should you trade memecoins?

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Arkham
ArkhamARKM #163
Twitter
12 Dec 2023, 17:15
Now, traders doing due diligence on a specific network may be wise to quickly check the founder’s history of pet ownership. For more, we wrote an article on memecoins and how they’re traded. Read it here:
Now, traders doing due diligence on a specific network may be wise to quickly check the founder's history of pet ownership.
Now, traders doing due diligence on a specific network may be wise to quickly check the founder’s history of pet ownership. For more, we wrote an article on memecoins and how they’re traded. Read it here:
Arkham
ArkhamARKM #163
Twitter
12 Dec 2023, 17:15
BONK on Solana ran up ~7000% over 2 months with its airdrop to multiple major SOL-native projects as interest returned to Solana. Many traders view memecoins as leveraged bets on a specific ecosystem - if an L1 token outperforms, the memecoin built on it often outperforms more
BONK on Solana ran up ~7000% over 2 months with its airdrop to multiple major SOL-native projects as interest returned to Solana
BONK on Solana ran up ~7000% over 2 months with its airdrop to multiple major SOL-native projects as interest returned to Solana. Many traders view memecoins as leveraged bets on a specific ecosystem - if an L1 token outperforms, the memecoin built on it often outperforms more
Arkham
ArkhamARKM #163
Twitter
12 Dec 2023, 17:15
PEPE’s runup from essentially 0 to its Binance listing took less than a month in total, resulting in some early traders turning 3 figures into millions. One PEPE trader held the coin all the way from $260 to multi-millions, becoming a bit of a living legend:
PEPE's runup from essentially 0 to its Binance listing took less than a month in total, resulting in some early traders turning
PEPE’s runup from essentially 0 to its Binance listing took less than a month in total, resulting in some early traders turning 3 figures into millions. One PEPE trader held the coin all the way from $260 to multi-millions, becoming a bit of a living legend: