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Crypto Macro Trends for 2022
- Thread starter johnarb
- Start date
"Boom!"
Pepe on another dip from the top of yesterday morning, about 30% off currently, it was about 40% off 8 hours ago...
But, the good news is Pepe is up over 300% from my last post. Binance listing of Pepe sparked a new all time high price
There's a new rumor going around that Coinbase will list Pepe
I've cashed out the Pepe yield farm and a small portion of the Pepe holdings , everything is all profits now
I plan to sell in portions as new milestones are reached, for example, plan to sell a nominal amount $50k worth if Pepe hits $2B market cap (current mc is $1.1B
I also have another meme coin called Mong, most of my tokens are on a yield farm as the yield is pretty crazy from trading volume fees
Good times with the crypto meme season... hope it continues for a while
Closed out the Mong position. Much lower profit, but it's a derisking move as it's correlated to Pepe in the meme category. May go back to it if the meme crypto sector gets heated again
Switching off degen mode for now and derisking a bit
It's been a wild ride with meme coins but liquidity (funds) have basically just been moving from one to another
I've been lucky to catch the moves on Ben, Mong, and latest one is LADYS, but Pepe profits have gone down from the peak, likely siphoned to the other meme coins mentioned
As a derisking mode, I've converted the Pepe bag into a Pepe yield farm bag. This cuts volatility in half (up and down) as it's paired with Eth which is much less volatile
Banks are failing and saw an FDIC meeting that happened months ago that were predicting the current turmoil and suggestion for a bail-in came up...
Stay safe out there, crypto fam. I think there will be life changing crypto opportunities this year, but we have to be ready and able to take advantage of them
[closed my btc perp futures for a loss]
I switched back the Pepe yield farm to pure Pepe yesterday
I'm a Bitcoiner but I also hold Pepe... for the culture... for the people... for the lambo
LOL, just like Safemoon and Safemars was? I'm seeing so many similar statements all over again. I can't figure out what is sarcasm here and what isn't anymore.
In any case, if the AI bubble deflates too soon (I doubt it), I can always revert to watching these shitcoin bubbles pop for further amusement.
Within 2 months of Pepe existence, it has achieved a market cap bigger than PacWest, trades 24/7/365 with no circuit breakers
Pepe has a bigger daily $ trading volume than PacWest, Doge and Shiba Inu combined and got listed on Tier 1 exchanges such as Binance dot com and Gemini
Prolly nothing... Pepe is just a meme coin with no utility that will crash to 0 soon