This is a meme coin on solana network that recently out of nowhere sky rocketed 2000%. It is a parody token of gamestop and since the stock rose this did too and printed a giant daily candle and daily golden cross. I opened a starter position here on this massive pullback to 0.0038. I would imagine if the stock goes higher this will too like it did before. The stock might be cooked I wonder if this can make it without the stock rising? The coin has now 40,000 holders almost as much as another top meme coin on solana called myro that is trading at almost 200 million market cap. This coin brought it 100 million dollar volume was was the highest volume alt coin on solana for two days. Can it bonce back to new highs from these levels or will this just fizzle out like it looks like it is doing? I have taken a small position here as this is only trading at 30 million market cap and seems undervalued compared to other solana meme coins that draw this amount of volume. I enjoy these meme coins they are fun but remember it is very much a gamble like buying a lottery ticket.
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After some diliberation and improvement in the chart I have greatly increased my position and bought more for a total 1.5 million coins for a little over 6k, My largest initial investment in a meme coin yet.
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I sold half on the initial rise back up at almost double, I then yeeted it all back into the coin on the dip back down. Still think it is going higher. Way higher to an eventual multi billion market cap.
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I have decided to hold from this moment on without worry of stopping myself out or anything like that for a potential massive meme coin play the likes of pepe, doge coin, shiba, bonk, wif... Got a great entry and this is gamestop meme gamestop household name. Coin has 45k holders only out for a few months. Full conviction from this moment on.
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With a further pullback I added another 1 million coin AT 0.0035 for another 3.5k to average down a bit. Total invested now 9.5k.
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Coin follows the stock very closely, stock does good, coin does good. This is a bullish catalyst imo.
GME
stock just did a capital raise and received 900 million dollars. Lets see what they do with that money. Still holding and in the profit ever so slightly. at the moment. Expecting next leg up soon.
GME
stock just did a capital raise and received 900 million dollars. Lets see what they do with that money. Still holding and in the profit ever so slightly. at the moment. Expecting next leg up soon.