MEMECOINS PUMPING!!! HERE'S WHAT WILL HAPPEN NEXT!!! [MYRO on BINANCE?!]

Summary

The video script discusses the resurgence of meme coins, highlighting Dogecoin's 20% gain and Flaky's 15% rise. The speaker is particularly excited about Myro, having invested heavily due to its past performance. They share their strategy for investing in meme coins, emphasizing the importance of community and liquidity. The script also touches on market patterns, like the impact of Binance listings and derivatives on meme coins, and offers insights on when to buy into the meme coin market, suggesting that the start of a bull market is the best time for potential gains.

Takeaways

• 🚀 Meme coins are starting to rally again.
• 🐕 Dogecoin is up 20% today, and Floki is up 15%.
• 💸 Myro is the meme coin the speaker has invested the most in.
• 📈 Meme coins like Dogecoin could see significant growth, potentially passing $1.
• 📊 Market cap is relative and doesn't necessarily limit a coin's potential growth.
• 🎢 Investing in new meme coins early can yield high gains, but it's very risky.
• 🔄 Binance listings, especially derivatives listings, often propel meme coins higher.
• 💹 Meme coins perform well at the start of a bull market but can collapse during bear markets.
• 🌕 Picking a favorite meme coin to invest heavily in can be a strategy to maximize gains.
• 📉 Meme coins can have massive upsides but also pose significant risks of scams and losses.

Q & A

What is the current status of meme coins according to the transcript?

Meme coins are experiencing a rally, with Dogecoin up by 20% and Flaky up by 15%.

Which meme coin does the speaker have the majority of their investment in?

The speaker has the majority of their meme coin investment in Myro.

What does the speaker believe about the potential of Dogecoin's price?

The speaker believes that Dogecoin has the potential to pass a dollar, despite it being a 5x increase from its current value.

What is the speaker's opinion on market cap in the context of cryptocurrencies?

The speaker thinks that market cap is a relative and often misleading measure, especially for smaller cryptocurrencies, as the actual values are still relatively small in the grand scheme of things.

What patterns does the speaker notice when buying new coins early?

The speaker has noticed certain patterns, such as the potential for significant gains when buying new coins early, and has shared some of these insights on social media platforms like TikTok and Twitter.

What is the significance of a derivatives listing for meme coins according to the speaker?

A derivatives listing for meme coins is often associated with positive price movements, as it was the case with Whiff, which experienced a significant price increase after such a listing.

Why does the speaker believe that a Binance listing is important for meme coins?

The speaker believes that a Binance listing has historically propelled meme coins to higher values over time, and they expect the same for Myro, which is getting a Binance Perpetual listing.

What is the speaker's strategy for choosing which meme coin to invest in heavily?

The speaker chooses a meme coin to invest heavily in based on factors such as community support, potential for further announcements, and liquidity across multiple exchanges.

How does the speaker view the role of meme coins in the cryptocurrency market cycle?

The speaker views meme coins as performing well at the start of a bull market due to the attention they bring, but underperforming in a bear market, with potential for resurgence towards the end of the cycle.

What advice does the speaker give for evaluating the potential of a meme coin?

The speaker advises to look at the coin's niche, community, potential for further announcements, and its liquidity on multiple exchanges, using platforms like CoinMarketCap and Dex Tools for research.

What is the speaker's personal approach to investing in meme coins currently?

The speaker is currently going a bit crazier on meme coins, realizing the potential for significant gains and expressing a personal interest in the hobby-like aspect of crypto investing.

Outlines

00:00

📈 Meme Coins on the Rise

Meme coins are experiencing another rally, with Dogecoin up 20% and Floki up 15%. The speaker highlights Myro, a meme coin they heavily invested in, predicting its success due to previous gains. Despite past skepticism, the speaker acknowledges the surprising results of meme coins. They anticipate Dogecoin reaching $1 and dismiss market cap concerns. They note patterns in meme coin behavior, including the impact of Binance listings and the potential for significant gains.

05:00

💡 How to Choose the Right Meme Coin

To maximize returns, the speaker advises sticking to top meme coins like Dogecoin for high certainty, though with limited upside potential. For higher growth, they suggest exploring lesser-known coins with strong communities and liquidity on multiple exchanges. They recommend using platforms like CoinMarketCap to check listings and caution against scams. The speaker expresses increased confidence in meme coins, highlighting Dogecoin's recent performance as an indicator of broader market rallies.

Keywords

💡Meme Coins

Meme coins are cryptocurrencies that are created as a joke or for fun, often associated with internet memes or trends. They are a significant part of the video's theme, as the speaker discusses their recent rally and personal investment in them. For example, Dogecoin and Myro are mentioned as meme coins that the speaker is particularly interested in.

💡Rally

A rally in the context of financial markets, including cryptocurrency, refers to a period of sustained increase in prices. The video discusses a rally of meme coins, indicating a surge in their value, with specific mention of Dogecoin and Myro experiencing significant gains.

💡Dogecoin

Dogecoin is a popular meme-based cryptocurrency that started as a joke but has gained substantial value and recognition. In the video, Dogecoin is highlighted as one of the meme coins that the speaker anticipates will pass a dollar, showcasing its relevance to the video's theme of meme coin investment.

💡Market Cap

Market capitalization is the total market value of a company or, in the case of cryptocurrencies, the total value of a token or coin. The speaker argues against the importance of market cap in the context of meme coins, suggesting that even a 5x increase for Dogecoin to a $50 billion market cap is not unreasonable.

💡Binance Listing

A Binance listing refers to a cryptocurrency being added to the Binance exchange, one of the largest cryptocurrency trading platforms. The video mentions that a Binance listing, especially for derivatives, can significantly boost a meme coin's value, as seen with the coin 'whiff'.

💡Derivatives Listing

A derivatives listing means that financial instruments, such as futures or options, based on the underlying asset (in this case, a cryptocurrency) are made available for trading. The speaker suggests that a derivatives listing on Binance can be a positive sign for meme coins, as it was for 'whiff'.

💡Binance Perpetual

Binance Perpetual refers to perpetual swap contracts available on the Binance exchange, allowing traders to trade with leverage without an expiration date. The video mentions Myro getting a Binance Perpetual listing, which the speaker believes could lead to significant price increases.

💡Robinhood

Robinhood is a popular trading platform known for its user-friendly interface and commission-free trades. In the context of the video, the speaker mentions Robinhood as a desirable platform for a meme coin listing due to its potential to attract a large number of retail investors.

💡Coinbase

Coinbase is a well-known cryptocurrency exchange platform. Similar to Robinhood, the speaker mentions Coinbase as another platform where a meme coin listing could be beneficial, though the focus is more on Binance in the video.

💡Hype

Hype refers to the excitement or publicity generated around a product or, in this case, a cryptocurrency. The video discusses how hype and community support can drive the value of meme coins, with the speaker emphasizing the importance of choosing a coin with good hype and community backing.

💡Liquidity

Liquidity in financial terms refers to the ability to buy or sell an asset quickly without affecting its price. The speaker advises looking for meme coins that are more liquid and listed on multiple exchanges, as this indicates they are easier to trade and potentially less risky.

Highlights

Meme coins are experiencing a significant rally, with Dogecoin up by 20% and Flaky up by 15%.

The speaker is particularly excited about Myro, having invested heavily in it due to its past performance.

The speaker believes in buying the dip of certain meme coins and holding onto them for potential gains.

Dogecoin's potential to pass a dollar is discussed, with the speaker not considering it a crazy prediction.

Market cap is criticized as a misleading indicator for the potential growth of cryptocurrencies.

Newly listed meme coins on Binance have historically seen significant price increases.

Whiff's recent binance listing is highlighted as a positive example for meme coins.

Myro is expected to get a Binance Perpetual listing, which could potentially boost its price.

The speaker suggests that the current market dynamics favor meme coins, especially at the start of a bull market.

The importance of community and hype in the success of meme coins is emphasized.

Liquidity and listing on multiple exchanges are identified as factors that can increase a coin's potential for growth.

The speaker shares personal experiences of underestimating the growth potential of certain meme coins.

The speaker admits to making investment decisions based on personal interest and hobby-like engagement with crypto.

A disclaimer is given that the speaker is not a financial advisor and that the content is not investment advice.

The speaker encourages viewers to share their interest in meme coins without posting links to avoid being blocked.

The speaker expresses a renewed interest in investing in meme coins, despite previous skepticism.

Transcripts

ladies and gentlemen meme coins are

starting to go for yet another rally if

you haven't really taken a look yet let

me tell you about it Dogecoin is up a

whopping 20% today flaky up 15% some on

base some everywhere up but what I'm

specifically excited about and some of

you guys may some of you guys may not

agree but that is Myro because as I've

stated before in my previous video it is

the meme coin I've got the majority of

my meme coin money into because I think

everybody comes to a stage where you

just have tock Pi one or a couple of

coins to go hard on and I think there

have been two periods where I made some

videos about the project and every

single time in a very short amount of

time afterwards the price did so amazing

that I realized yep if I just buy the

dip of this coin and keep up with it

it'll do extremely well again I am not

your financial adviser I'm not here to

claim that you should go ahead and buy

all I'm stating here is that I've tried

to deny meme coins for so long I've

tried to say no they are not smart but

the results mostly just speak for itself

a little bit earlier over on Twitter I

was stating that I for example see

Dogecoin passing a dollar I honestly

don't think it's that crazy yes it's a

5x from here and yes many people will

tell you no it's impossible because of

marap ladies and gentlemen I've told you

many times before why market cap is such

a dumb statement first of all it's all

relative but most importantly it's all

pretty small still in the grand scheme

of things $30 billion 5x is 100 50

billion for one of the biggest

cryptocurrencies I don't think that's

far of a stretch and specifically for

some of the smaller cryptos here as well

two of them literally just came out like

last week and already had nearly a

billion dollars it's it's it's it's just

it's just crazy but from looking at it

so much you also start to pick up a

couple of patterns first of all I have

gotten some pretty ridiculous gains

trying to buy new coins early I

sometimes share them over on Tik Tok

sometimes I share them over on Twitter

and sometimes I do it silent because

it's very risky if I have high

conviction that it work out I sometimes

share it but most of the times I do not

but when buying mem coins early I made a

whole guide for it there are certain

patterns that you start to recognize but

with big meme coins I kind of have a

similar idea so for example we always

meme that a traditional binance listing

is not that amazing but a derivatives

listing for example is almost always

pretty awesome then again over the

longer term a binance listing for a

memec coin has always propelled it to

the Moon over time and I think the

latest one to get it was whiff and if we

just take a look at how that's been

going throughout the recent past here

it's

uh oh it's been uh it's been pretty

amazing and again consider me biased but

since Myro is now also getting

themselves their binance Perpetual

listing you know to be able to trade it

with leverage like how a couple of

others have done it in the past like

with I feel as if it wouldn't be too

crazy to expect a binance listing and I

mean everybody's always hoping for the

Robin Hood or coinbase listing but

specifically spefically binance as a

first because I believe over the next

few weeks if Dogecoin really keeps

breaking through a lot of these top

coins are just going to absolutely pop

off and again ladies and gentlemen you

just have to make a choice on which one

is your favorite and when I say that I

don't mean you have to start printing

t-shirts of it and go crazy I just mean

I have a lot of money into different

coins little itty bits but I've chosen

one to go pretty wild on and I'm just

going to ride it to the freaking moon or

or zero that's kind of the way these

things work huh no but in all

seriousness when to buy memes people ask

me that all the time mostly at the start

of the bull market and a little bit

towards the end why I say at the start

memes are an area which throughout the

boom Market will do really really well

and in the bare Market do terribly but

at the start of the boom Market you have

a lot of these crazy breakouts which

bring crazy attention to crypto which

mostly ignite the buom market think of

your 2021 safe moon or even Sheba enu

they had so many eyes on them that it

brought many people to now look into

what crypto even is at some point point

though it kind of collapses because

people think oh it's going to go up

forever just like how we kind of now saw

it with the pre-sale meta where people

were sending tens of millions and on the

binance Marchin even hundreds of

millions in hope of getting some crazy

return which at some point fails where

mem coins kind of die out a little bit

they go crazy but not as crazy as just

general altcoins do or at least with so

many scams around that people kind of

stay away but then somewhere throughout

the end of the run people regain their

faith people regain that idea of yes I

should just put my money wherever

because it's going to go up and then at

some point it booms again you know it it

falls and people realize you see this

crypto stuff isn't necessarily going to

go up forever and that's basically you

know the end of cycle but so if we

looking at this list how do you pick

which one to go for and I often tell you

it's it's it's really not that deep they

all have their own little niche they all

have their own little community and I

can name different reasons why you'd

like a lot of these different different

coins because I mean you want the

highest certainty I'd say just stick to

the top the top right stick to just Doge

it has the highest probability of just

keep going up but on an opposite side I

think really your your max multiplier on

doge is going to be what a150 or so at

the absolute best whereas a lot of coins

down lower especially the ones that are

a little bit away from these

multi-billion dollar market caps have

significantly more growth potential and

so you try to find middle ground where

the hype in community is is good which

again multiple coins have good

communities the potential for further

announcements has to be good and in my

own humble opinion preferably you've got

coins that are a little bit more liquid

that are listed on multiple different

exchanges and how you check that is you

go to um for example coin market cap you

press any coin any one of them uh you

see any coin is the same you go to this

Market section right here and you can

see on which exchanges you know

centralized exchanges or on which dexes

but I'd recommend you just stick with

the centralized exchanges I personally

always use use bybit of which a link is

always down below and if it's not listed

on any Sexes it's a little bit more

cumbersome a little bit more dangerous

because there's a lot more unknowns but

generally speaking that also means

sometimes that there's a little bit more

potential of a massive upside the moment

it gets a listing like I said if you

scroll lower and lower down the rankings

or even skip that all together and go to

a platform like Dex tools there are

going to be a lot of coins in here which

will have crazy amounts of gains right

but most of these will be straight up

scams and will be gone tomorrow in a

couple days some of them won't but you

know that's that's the game you're

playing at that point also if you want

to buy coins on specific networks over

on the top left you can see ethereum or

you know you only want to buy on Solano

for example you can press the button for

that or you only want to buy on B&B

chain for example you can press the

button for that to get back into it I'm

right now going a little bit crazier on

the memes again because I'm starting to

realize I don't really know where I want

to sell Doge if ever but as the next

couple of months will flow and crypto

doesn't have a major fall cuz a lot of

people were afraid of that recently

right that we're going to have a hard

crash but we didn't we actually had a

pretty good bounce and it seems that

people's faith is back people's relief

is shining through greatly with a

massive Dogecoin pump and very often

after Dogecoin pumps a lot of the

smaller meme coins go for a crazy rally

last time and this is where my own

little fomo is coming in which is why

I'm making a video last time I

underestimated the power of these coins

which is why I'm quickly making a video

honest truth just to tell you guys don't

expect don't think that because they've

already gone for crazy height and

they're in the billions now that this

can't go harder really when Pepe was at

what like 0 whatever 24 I really thought

that that would be the highest it could

ever go to before things would be

crumbling down but it did a 4X from

there similarly with whiff I very much

underestimated it and you want to know a

little fun story guys I bought myos so

early and I sold a good chunk I think

like perhaps it was right there I don't

know anymore exactly where but as the

price was up so much it was happy but I

couldn't really realize just how much

the price would go quickly after now I

think perhaps I bought bought the dip

somewhere and then on this rally upwards

I sold again being happy and then the

price like tripled throughout the next

couple of days right here again I think

prices are still relatively low to where

they're going to be in the near future

not your financial adviser though and if

you've got a cool meme you're looking

into let me know down below don't post

any links those get blocked but yeah I

think it's uh it's time to go a little

bit more in on memes and sorry if you

really hate the game but I think it's

really really funny because I've been

spending such an unhealthy amount of

hours looking into it but it's it's like

a hobby I guess of sorts yeah I'm loving

it though it's it's one of those fun

aspects of crypto yeah that's about it