https://images.hive.blog/DQmaDgLjPVBiT2mXyRRjNaYWQYNUib5jSoUgJ1WPZ4NFzcD/xxx2387.jpg I managed to flip a switch after being someone who cared a lot about fundamentals in crypto and started to get into Meme Coins with a small % of my overall portfolio trying to play this game and see how it goes. These are weekly update posts in what I believe could be a Meme Coin Summer...

Coins Pumping!
2 of the coins in my portfolio had a big Pump last week. The First one is $LOA (Law Of Attraction) which I really like as a gimmick concept for a memecoin to possibly succeed.It's one that I have been cost-averaging on the way down for a while now getting to a position of 50k LOA at an average price of 0.0166$ which now after what hopefully is an initial pump got me back to break even. From what I understand, they will branch out to Solana and there will be an airdrop for anyone that has 50k LOA and submits for the airdrop. I'm lucky that 50k was my exact number so I should be seeing more coins dropped in the near future. https://images.hive.blog/DQmP38XRvNvqagRRVpWzqcnvr6JvtADvUbqD5d53WLGrWbe/image.png I'm just holding on and I'm not selling into the pump seeing this one as a coin with an active community/team that has way more upside potential. At the same time for all I know, it will drop all the way down again.

The 2nd Coin that pumped by over +100% is $REDO on the Ton Blockchain likely as a response to the arrest of the Telegram founder in France. The main narrative is that the main meme on each chain will do really well if the blockchain actually get some good adoption.

Accumulation
I have been and will continue to accumulate $JASON as I see it as a coin that is falsely seen as another celeb scam. I still believe Jason is comitted to support it for at least this cycle. From what I understand, he wants to onboard part of his fanbase into crypto and one of the ways he plans to do this is to have QR codes on concert tickets that people can scan and which will give them 5$ or so of Jason coin. The way things played out with him originally getting scammed int making a tweet that launched the coin on Pump.fun and him actually taking over with the price crashing is not a bad thing. It's now easy for him to get a larger part of the supply and control the price while what you want is for fans wo receive 5$ of jason to do this at the bottom and not at the top. The fact that he's quiet about the coin for a while I feel is deliberate. He did a couple days ago post something in the Telegram showing that he's still around and to combat the fud I guess. https://images.hive.blog/DQmWryqeatm23yKEGqqqA627Wf5kLXjaU3WSKPzQPMsEcxR/image.png This caused a pump from a 1M to a 2.5 Million market cap now having come down again (as a lot of the buys at the time likely were just traders looking for quick profit). https://images.hive.blog/DQmS1uXnBazXkc5wU6L92oPo1cmA45c2JyKMnbFXSaudNeL/image.png I did add a bit to my position which now is at 550k JASON but I want to get to 1M preferably as this is the coin for me with the best risk/reward. There are no influencers who is hyping this (look at what happened to Landwolf, Catdog, ... who were all projects at the same time shilled by many influencers), it does have a leader who has the funds and the reach and right now has no reason to give up or abandon. This while the price is down 97% from the highs and a market cap that is a total joke and easily can be pumped. So whenever possible I will continue to add a bit more trying to reach my 1M JASON Coins.

ROOST Drama
Roost was another project that at the time it was released there was a big hype around which got them to a big community and 15k+ people on Telegram. There have been multiple 'stunts' in an attempt to advertise but overall it's been downhill ever since they opened with a high market cap. Last week there was more drama as the person who held the wallet which had the reserve coins of the team got hacked by someone who claimed he wanted to invest which saw that supply 1-click-dumped on the market. This very much might have been the end as everyone seems to stopped believing and many lost a lot of money. I never really liked the meme itself which got me to only invest a limited amount which I consider lost as I don't see them recovering. https://images.hive.blog/DQmZNEyFTTkJuFJBdu9hhchusimNsKQeQZky88edSiDySqs/image.png This also shows how vulnerable many of these Community takeover coins are and not much is needed to totally crush them. Once a negative sentiment is reached, it's almost impossible to recover.

New Week Watchlists!
I'm kind of tempting to also get some on Tron Memecoins ($SUNDOG & $BULL) who look to be the 2 main candidates. This mainly because Justin Sun will likely see what he can do to pump it up in an attempt to get more people to actually use Tron. I'm also tempted to add to my $SENK position as it is reaching new lows after a pump a while ago. The community is still active and it feels like one that could survive and do good things if a real bull market comes back. https://images.hive.blog/DQmVvQCLPMhDJh8jygeNc2DQAEH7httcUCZo93RvV31qagH/image.png

Current Holdings (Solana)
Week 22|Week 23 -|- https://images.hive.blog/DQmeSFZPanMxrh9eFw8yUvDHVexarjxcQHQHCgq9mRJPD5B/image.png|https://images.hive.blog/DQmNmgdKyjs3zGFKamkKJxBv959Zqg469TyvCQcigsHMTsb/image.png

Meme Coin Portfolio

Coin|Chain|Price|Change|Holding|Value -|-|-|-|-|- BRETT|BASE|0.08236$|-11%|24000|1976$ LOA|BASE|0.01643$|+167%|50k|822$ WIF|SOLANA|1.58$|-3%|500|810$ JASON|SOLANA|0.001382$|+41%|550k (+150k)|760$ REDO|TON|0.6072$|+102%|1000|607$ MOG|BASE|0.000001059$|-5%|500M|530$ BENJI|SOLANA|0.0003862$|-27%|1.2M|463$ DONKE|SOLANA|0.0000845$|-1%|5M|422$ PONKE|SOLANA|0.2925$|-12%|1400|410$ MANEKI|SOLANA|0.005348$|+27%|75k|401$ VCAT|SOLANA|1.28$|+24%|250|320$ SENK|SOLANA|0.0002377$|-20%|1M|237$ BENJI|BASE|0.02064$|-3%|10k|206$ USUG|SOLANA|0.00022262$|-22%|750k|167$ SLERF|SOLANA|0.1559$|-1%|1000|156$ PENG|SOLANA|0.1236$|-4%|1000|124$ MOCHI|BASE|0.000009357$|+4%|10M|93$ DOH|SOLANA|0.00006983$|-4%|1.25M|87$ KEYCAT|BASE|0.0005773$|+7%|120k|69$ ROOST|BASE|0.001109$|-40%|50000|55$ MAMBA|BASE|0.0001447$|-42%|320k|46$ BONK|SOLANA|0.00001844$|-2%|2M|38$ HAPPI|SOLANA|0.0001791$|+43%|160k|29$ Buy Funds|-|-|-|-|- SOL|SOLANA|144$|-|0.05|7$ -|-|-|-|Total|8835$ Previous Weeks
Week|Portfolio Value|Week|Portfolio Value|Week|Portfolio Value -|-|-|-|-|- Week 01|1680$|Week 11|17894$|Week 21|7385$ Week 02|4091$|Week 12|13771$|Week 22|8204$ Week 03|4256$|Week 13|12849$|Week 23|8835$ Week 04|4574$|Week 14|12998$|Week 24|- Week 05|4631$|Week 15|10177$|Week 25|- Week 06|6511$|Week 16|10207$|Week 26|- Week 07|6461$|Week 17|11846$|Week 27|- Week 08|8536$|Week 18|11678$|Week 28|- Week 09|9829$|Week 19|10889$|Week 29|- Week 10|14262$|Week 20|8856$|Week 30|- -|-|-|-|-|- -|-|-|-|-|Total Profit Taken -|-|-|-|-|-

Conclusion
I'm still having plenty of fun with these Memecoins especially now that some start to pump again. I will see how it continues to evolve. A week is an eternity in meme coin world so I'll be back in 7 days with the next update...

aurikan