While memecoins are generally created for fun or light purposes, their market position has strengthened recently. Especially in the case of Jesus memecoins, big investors (whales) are hoarding these coins. As a result, there is limited supply and high demand in the market. Although memecoins have a low intrinsic value, the sudden interest of some whale investors may increase the value of Jesus Memecoin in the future. However, the volatile nature of such coins dictates the need to be cautious while investing.
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Ravencoin – A Gift From The Market
Ravencoin, a Proof-of-Work blockchain launched in 2018, has a strong community similar to early Dogecoin, vital for long-term success. Trading at $0.016, Ravencoin is at the same price point from which it rallied 1500% during the last bull market, making it a great entry for investors.
With a $241 million market cap and solid daily trading volume, Ravencoin has significant growth potential. Its strong community support and ethical creation make it ideal for tokenizing real-world assets. The current price offers an excellent risk/reward ratio, presenting a rare opportunity to buy at the bottom of a multi-year range.
Memecoin Jesus
The post discusses Murad Mahmudov's influence in the 2024 meme-coin narrative, focusing on Solana-based fair-launch tokens as a response to centralized, VC-funded crypto projects. Murad advocates meme-coins as a solution to issues like pre-mined tokens and unfair token distributions.
While the author acknowledges the value of community-driven initiatives and fair launches, they argue that these benefits aren't limited to memes and could be paired with real utility. The author criticizes Murad for using the narrative to pump his own gains while recognizing his impact and the potential of community-based projects.
It's Only Going To Get Harder (The Crypto World)
The author rekindles their passion for Bitcoin mining, which started in 2011. After stepping away due to rising challenges, they've decided to get back into mining and blockchain infrastructure, like running a Hive node.
They also plan to acquire land to generate renewable energy for mining, emphasizing the importance of acting now rather than waiting for the "right moment."
Whales are accumulating?
The author discusses a Cointelegraph tweet indicating that crypto whales are buying at an unprecedented rate, suggesting a market move is imminent. They plan to hold their assets until a potential market explosion, expecting Bitcoin to reach $100,000, which would boost other cryptocurrencies.
This is their third market cycle, having learned from previous experiences to avoid greed and follow a solid strategy. Confident in their approach, they are prepared to capitalize on the upcoming opportunity.
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