How to play the alt/meme season to net a 100x in the coming 12 months

I came across a chart on my twitter feed the other day showing how Bitcoin has been massively outperforming other crypto currencies in the past 18 months. At first glance i thought fuck me maybe with institutional money really driving the recent crypto upmoves it’s going to be hard to see any meaningful moves in altcoins. But it then occured to me that it’s often when you see facts like these promoted across big media that a turning point has been reached and it’s time to take the other side of the trade. And THEN we saw the big moves of the past week. There’s been some pretty incredible moves up amongst altcoins: if you look at positions 10-20 on coinmarketcap there’s been tokens going up 30 – 90% with market caps in the billions – pretty crazy

The thing is the vast majority of alts are still way down on their 2021 peaks even after such a week. I spy an opportunity when i see these prices and the moves up we’ve just experienced. It feels like this could be the start of what i call the BTC dominance rotation trade.

So what is this rotation trade?

It’s pretty damn simple, it’s investors moving their BTC profits into all the beaten down quality projects that are out there in the market. We’re talking projects that have been around for multiple years in the case of altcoins: cardano, solana, chainlink & yes even the often hated XRP.

Where things get interesting for guys like us is that i believe this trade will also play in the memecoin field(probably not too controversial here). So yes, the beaten down memes that are well established, with strong meme appeal & a hyped community will not stay beaten down for long. All the different factors that crypto twitter guys like Murad claim to be important for probability of success are what the average memecoin investor should be looking at.

So who is this memecoin investor i’m describing?

I know a lot of people dip their feet into the memecoin game because they see it as having the greatest potential for finding ‘moonshots’. Strat goes something like this: Pile $100 into some fun sounding meme, ride it up 100x and sell for a profit in a few days. Rinse and repeat this across 5 – 10 projects and badabing badaboom you’ve netted yourself $1m in profits. Of course that’s the dream of many, and i’m not gonna knock the hustle if you can achieve that, but let’s be realistic, that ain’t gonna happen for the 99.99% of us here.

How to play memecoins

What I suggest the average joe should do is treat memecoins less like a trading game and MORE like an ALTCOIN play but on steroids. Let’s look at a simple example: Let’s say you have a $1000 in crypto. Often people will have a spread like 60% bitcoin, 20% eth/sol & 20% altcoins. Ok great, you’ve got a nice mix of quality with BTC, ETH, SOl & potential 10xers in the altcoins. Well now, instead of putting 20% in altcoins, why don’t you put that riskier part of your portfolio into memes that can net you anywhere between 20 – 100x? My view is i may as well hold much riskier (but qualified) bets with the riskiest section of my portfolio and hold them through the alt season

When do i know if the alt season is done/close to being done?

This is of course an extremely difficult one to answer. But i would suggest that you keep an eye on how much media coverage alts and memes are getting. If solana has doubled and noone is talking about it amongst your normie friends/mainstream media then HODL. Once this changes that’s when it’s time to start taking some chips off the table.

Some potential memes to look at (yes some of these i’m invested in)

POWSCHE (1.3m MC) car culture, burning lambos etc

GIGACHAD (190m MC) gym bros, chads

CHILLGUY ( 70m MC) well known meme generally

To review everything:

– There will be an altcoin rally which goes far beyond what we’ve seen this past week.

– This rally will also occur in the riskier area of the market whcih is memecoins.

– People that decide on memecoins should view it less as a trading game of timing the market and quickly moving between projects and instead should look at buying quality memecoins that can provide them a realistic chance at a 20-100x return (a higher return than they’ll get from altcoins)

– Stay disciplined with the coins you buy and hodl them till the alt/memes season has played out fully. If brokie mates aren’t talking about alcoins and memes then the season still has time to run

Final words, don’t be that idiot that falls for a rug on dexscreener & good luck fellas