it would become clear in hindsight that the best move to make during extreme corrective periods like this is to scale into established, high-conviction, extremely oversold memecoins for me: - $USELESS - $BONK - $FLOKI - $FARTCOIN all the above memecoins are down 80 - 90% from ATHs and sentiment about them — and memecoins as a whole — is at all-time lows many confidently declare memecoins dead anytime we have a prolonged, market-wide pullback like we do now yet every single time the market shows a sign of a sustained bounce, memecoins bounce first and bounce the hardest the prolonged 2022 bear market that produced the Luna, 3AC, Alameda, and FTX implosions all within the span of a year didn’t kill memecoins instead, we had the following in short succesions after - $BONK: $4b ATH - $PEPE: $11b ATH - $WIF: $5b ATH - $POPCAT: $2.2b ATH - $FARTCOIN: $2.8b ATH if the brutal and prolonged 2022 bear market didn’t kill memecoins, why would they die now? of course, buying dips during times like this isn’t easy or pleasant — especially on memecoins but in the mid/long term it becomes clear that these levels on established, high-conviction memecoins are the right move
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