Row 5915
Content Data
This page contains data entry 5915 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
First of all I believe every Solana meme coin investor was once a BSC meme coin investor. Though I agree now Solana is raking a lot of volume mostly through meme coins but we got to agree that the first target of this frenzy of BSC.
I remember before the December of 2020, everyone’s eyes keen on BTC pump with it breaking ATH after ATH at 30k USD or more ( now it’s at 60k + USD) and also the GameStop stock and the whale manipulation; these were the hot topics of the town.
Then our lovely Tesla CEO decided why not spice things and unknowingly triggered a chain of events that lead to current popularity of the meme market. Well you know what I am talking about , Elon decided to play god , becoming the first meme crypto twitter influencer shilling DOGE and kickstarted the trend of Dog coins , then Cat coins and so on !
Ethereum had the high cap meme coins but people wanted less fee charged for transactions and moving their coins , so they found BSC and the amount of coins that flooded the chain and the amount of money that poured in , it changed the lives of many people unfortunately not me as I was a bit late to trend or made poor choices 😂
After BTC hit its top , all the money flowed out from BSC and meanwhile airdrop trend on Solana where people made five figs through their Solana airdrops kickstarted the shift from BSC to Solana. But again as BTC dumped , the meme market went dead silent for a while until it recently started pumping like hell , bringing back the Solana meme market and now it’s like the go to place for meme coins.
Why Solana ? Coz its transaction fee is low compared to other smart chains and it’s fast transactions and scalability using bots like Trojan bots to run transactions at even faster rate , set limits for buy and sell , DCA and so on for coins that aren’t even listed on an exchange which shows how far meme coins have come.
The money I lost during my time in BSC , I made back through Solana meme space but overall looking long term wise , I will transition from meme coins , it’s just a means to make quick money. But as we know all means of quick money involves risk , you should be investing only money you are willing to lose and play safe in a risky market with using 10% of your total investment. Always remember realised profits are realistic and better than unrealised profits coz one thing going up, can go down anytime with the volatility in the meme space. Be greedy , take profits all the time !
As funny as it sounds this meme coin trading as affected my mentally and physically , spending hours scouting coins , figuring out the best ones and anxiety of making quick profits on regular basis and the sadness at minor losses. Once I have made enough , I plan to move out from trading meme coins , with allocating only minor funds which I don’t have to monitor on regular basis.
I also wonder what makes the memecoin worthy of investing/higher marketcap. Is it the ticker or is it the team and community or is it insider play pushing the coin ? Like as the name suggests shouldn’t they be based of a meme , but most of the coins out there aren’t , so shouldn’t we classify them as something else 🤔
Some coin tickers and their name do sound funny like bonk, $wif , $dogwif , $yewif and so on and makes me wanna invest but at higher market cap it’s difficult to make money , so lower market cap coins are the go to ones like michi , maneki , ye wif hat and so on.
I hope this trend doesn’t die at the moment as there is a lot of money to make for me and move on to safer plays beyond meme coins.
| Field | Value |
|---|---|
| text | First of all I believe every Solana meme coin investor was once a BSC meme coin investor. Though I agree now Solana is raking a lot of volume mostly through meme coins but we got to agree that the first target of this frenzy of BSC. I remember before the December of 2020, everyone’s eyes keen on BTC pump with it breaking ATH after ATH at 30k USD or more ( now it’s at 60k + USD) and also the GameStop stock and the whale manipulation; these were the hot topics of the town. Then our lovely Tesl… |
| label | r/solana |
| dataType | post |
| communityName | r/solana |
| datetime | 2024-05-05 |
| username_encoded | Z0FBQUFBQm5LakwyUWFCeWZna2ZSNWNteW9BQmthUDktTXhlYTROTTdTVm5lTUtCYzUxVDV6cW55aDVaY1o3MEpaMjV4SzRzaWdOckZkRlhZMEx5MlRYazY1VHJjUUxGR2c9PQ== |
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Raw Record
{
"text": "First of all I believe every Solana meme coin investor was once a BSC meme coin investor. Though I agree now Solana is raking a lot of volume mostly through meme coins but we got to agree that the first target of this frenzy of BSC. \n\nI remember before the December of 2020, everyone’s eyes keen on BTC pump with it breaking ATH after ATH at 30k USD or more ( now it’s at 60k + USD) and also the GameStop stock and the whale manipulation; these were the hot topics of the town.\n\nThen our lovely Tesla CEO decided why not spice things and unknowingly triggered a chain of events that lead to current popularity of the meme market. Well you know what I am talking about , Elon decided to play god , becoming the first meme crypto twitter influencer shilling DOGE and kickstarted the trend of Dog coins , then Cat coins and so on !\n\nEthereum had the high cap meme coins but people wanted less fee charged for transactions and moving their coins , so they found BSC and the amount of coins that flooded the chain and the amount of money that poured in , it changed the lives of many people unfortunately not me as I was a bit late to trend or made poor choices 😂\n\nAfter BTC hit its top , all the money flowed out from BSC and meanwhile airdrop trend on Solana where people made five figs through their Solana airdrops kickstarted the shift from BSC to Solana. But again as BTC dumped , the meme market went dead silent for a while until it recently started pumping like hell , bringing back the Solana meme market and now it’s like the go to place for meme coins.\n\nWhy Solana ? Coz its transaction fee is low compared to other smart chains and it’s fast transactions and scalability using bots like Trojan bots to run transactions at even faster rate , set limits for buy and sell , DCA and so on for coins that aren’t even listed on an exchange which shows how far meme coins have come.\n\nThe money I lost during my time in BSC , I made back through Solana meme space but overall looking long term wise , I will transition from meme coins , it’s just a means to make quick money. But as we know all means of quick money involves risk , you should be investing only money you are willing to lose and play safe in a risky market with using 10% of your total investment. Always remember realised profits are realistic and better than unrealised profits coz one thing going up, can go down anytime with the volatility in the meme space. Be greedy , take profits all the time ! \n\nAs funny as it sounds this meme coin trading as affected my mentally and physically , spending hours scouting coins , figuring out the best ones and anxiety of making quick profits on regular basis and the sadness at minor losses. Once I have made enough , I plan to move out from trading meme coins , with allocating only minor funds which I don’t have to monitor on regular basis.\n\nI also wonder what makes the memecoin worthy of investing/higher marketcap. Is it the ticker or is it the team and community or is it insider play pushing the coin ? Like as the name suggests shouldn’t they be based of a meme , but most of the coins out there aren’t , so shouldn’t we classify them as something else 🤔\n\nSome coin tickers and their name do sound funny like bonk, $wif , $dogwif , $yewif and so on and makes me wanna invest but at higher market cap it’s difficult to make money , so lower market cap coins are the go to ones like michi , maneki , ye wif hat and so on.\n\nI hope this trend doesn’t die at the moment as there is a lot of money to make for me and move on to safer plays beyond meme coins.",
"label": "r/solana",
"dataType": "post",
"communityName": "r/solana",
"datetime": "2024-05-05",
"username_encoded": "Z0FBQUFBQm5LakwyUWFCeWZna2ZSNWNteW9BQmthUDktTXhlYTROTTdTVm5lTUtCYzUxVDV6cW55aDVaY1o3MEpaMjV4SzRzaWdOckZkRlhZMEx5MlRYazY1VHJjUUxGR2c9PQ==",
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}
Entry Information
- Entry ID: 5915
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000