Underestimated Opportunity: Ethereum Meme or the Wealth Password of This Cycle

Original Article Title: How To Retire Off Memecoins
Original Article Author: NEET, Crypto KOL

Original Article Translation: AididiaoJP, Foresight News

I will share how to achieve financial freedom in this cycle through memes. This is a specific execution strategy, not just an idea. Yes, I am not joking.

Over the past year or two, I have been accumulating meme coins on Ethereum. I have been buying the dips and have no intention of short-term selling. Currently, meme coins make up 80% of my portfolio.

At the same time, I have been gradually selling off my meme holdings on Solana. The meme liquidity in the Solana ecosystem has been decreasing. Apart from a few exceptions, the returns on meme coins have been decreasing since the launch of TRUMP and MELANIA in January.

The battlefield of meme coins on Solana will never disappear, with new meme coins experiencing sudden rises and falls every day. However, we can find safer and more rewarding opportunities on Ethereum.

From a macro perspective, my meme coin strategy is very simple:

Stop making shotgun bets on low-liquidity Solana meme coins to pursue 100x returns.

Start pursuing 10-20x returns on high-liquidity Ethereum meme coins and allocate more funds.

Part 1: Why Choose Ethereum Meme Coins?

The liquidity of the PEPE/ETH trading pair is as high as $49 million. What will happen to the price of PEPE when the price of ETH doubles or triples?

My view is simple: ETH will rise, and the meme coin's increase will be even greater.

In the past 1-2 years, we have seen the outsized returns of meme coins such as PEPE, MOG, and SPX. The price performance of these coins has outperformed ETH and is likely to continue this trend in the future.

If an Ethereum meme coin meets the following conditions, it should be added to the watchlist and closely monitored:

· Been listed for at least one year

· Liquidity locked or destroyed exceeding $500,000

· Contract ownership has been renounced

· Official website and social media still operational

· Holders maintain a certain level of activity on Telegram or Twitter

These coins are poised to significantly outperform ETH in the upcoming alt season, and this moment may be closer than imagined.

Furthermore, Ethereum meme coins have a hidden advantage: they are DeFi-compatible. This point will be explained in detail later.

Next is the most anticipated part for everyone.

Part Two: Price Targets

Everyone is concerned about price targets.

No one can accurately predict price movements, but reasonable speculations can be made based on various indicators. Remember: whether you like a coin or endorse its meme culture, in a bull market, almost all meme coins will rise.

Let's start with the flagship meme coins:

· PEPE

· MOG

· SHIB

· SPX

I define flagship meme coins as those that have once reached a $1 billion market cap. At the current price range, their expected returns are in the range of 5-10x. Holding these coins can allow you to sleep soundly, as a 90% retracement is almost impossible unless a catastrophic event occurs.

Next are mainstream meme coins:

· APU

· BITCOIN (HarryPotterObamaSonic10Inu)

· BOBO

· JOE

· NPC

· WOJAK

These coins have surpassed a $100 million market cap, usually listed on second-tier exchanges, have active communities, and loyal holders. It is expected that these mainstream meme coins have a 10-20x upside potential.

Lastly, we have the low-cap meme coins:

· BUSINESS

· KEKEC

· LMI

· SMURFCAT

These are low-cap meme coins with a market cap just above $10 million, not listed on exchanges, with lower liquidity and trading volume, but higher volatility. Not all low-cap meme coins will experience a surge, but the standout performers could potentially see a 20-30x return.

The investment portfolio should have a core allocation to blue-chip meme coins, a moderate allocation to mid-cap meme coins, and a small holding of small-cap meme coins for speculative bets.

Part Three: Spot Leverage

Don't let anyone tell you meme coins are worthless.

After buying meme coins, what's the next step? Using meme coins in DeFi.

The IMF@intlmemefund protocol allows you to borrow against meme coin collateral.

Why use IMF for meme coin collateralized loans? I use it to increase my spot leverage on holdings. Now, for every $1 increase in meme coin price, I can earn $1.5.

The specific steps are as follows:

· Buy $10,000 worth of PEPE

· Deposit PEPE into IMF and borrow a $5,000 USDS loan

· Swap USDS for PEPE

· Deposit the remaining $5,000 worth of PEPE to reduce the loan-to-value (LTV) ratio

Now, you have increased your PEPE holdings by 1.5 times. Liquidation would only occur if the PEPE price drops by 66% from the current level, a scenario that becomes less likely every day.

Moderate leverage can lead to significant gains. Having a 1.5x PEPE exposure can allow you to sleep soundly. Additionally, after completing this transaction, you will also receive an IMF reward, making it a win-win situation.

Initially, I did not realize the potential of IMF. However, communities like MOG and JOE are now buying more tokens and driving up prices through additional buying pressure.

IMF currently supports PEPE, MOG, and JOE, with plans to support more coins in the future.

What about trading futures or perpetual contracts on Binance, ByBit, and Hyperliquid? I advise caution. Meme coins on Ethereum are more mature, and their price increases take longer, making it a game of patience where the rise is just a matter of time.

If you want to engage in swing trading, stick to low leverage, long periods, and never invest more than you can afford to lose.

Part Four: Exit Strategy

The final step is the simplest.

The position has been established, and next is not just waiting but patiently waiting. The time for Ethereum meme coins will come. The market is cyclical, and the moment for funds to rotate back to Ethereum meme coins is approaching.

Regardless, setting a clear profit-taking target is crucial. If you don't plan to sell a certain percentage or amount of meme coins, your position will be like a rollercoaster.

When your coin starts to rise, first repay the IMF loan and reduce spot leverage. Then, use protocols such as @1inch or @CoWSwap to gradually sell off, exiting in multiple steps.

Don't try to perfectly time the top. You need to take profits in stages during the price increase. Ethereum mainnet gas fees are very low, so you can sell multiple times as needed.

After completing these steps, you have successfully seized the bull market and achieved financial freedom through meme coins.

Conclusion

I must admit and execute this trading strategy.

Meme coins will exist for the long term.

Although I am bullish on other crypto assets (including NFTs and some Solana meme coins), I firmly believe that Ethereum meme coins are like a beach ball underwater, destined to resurface.

In a bear market environment, we have already seen the rise of MOG and JOE, rebounding from the February low. With DeFi protocols like IMF introducing lending and spot leverage features, a new round of meme coin season is likely on the horizon.

This time, I will not aggressively trade new coins but will stick to those time-tested OG meme coins.

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