The Point? Well, I saw a post bitching about meme tokens and it got me thinking about the markets. So, I’m sharing some energy and info on stock and crypto memes that I find interesting. I’m also including some info on a new project I came across that you might like, I hope you enjoy!
A Meme You Say. What makes a meme a meme, and does that make it inherently bad? Or can a meme be something quite special, and not really a meme at all- just labeled as such from an opposing entity. Maybe that’s the main stream media brought to you by the billionaires’ agenda, wall street and the hedge funds, big banks, a salty shill, or maybe just the family during the holiday dinner…
GME, The Meme To Rule Them All. Not all memes are made the same. Some are just a fad, but some have a cause, purpose or agenda. Take GameStop ($GME) for example. Very much labeled a “meme stock,” buy why? They are a publicly traded multi-billion-dollar company on the NYSE, with $4.6 billion in cash on hand. Yet you are led to believe they are evil and should be avoided at all costs.
For anyone who doesn’t know GME (remember the sneeze of 2021), is anything but a dying brick and mortar doomed for bankruptcy (and I’ll let you in on a little secret: the shorts never closed). They have an unstoppable cult following from around the world, and their mantra is: “NO CELL, NO SELL!” Why, because of things you were led to believe don’t exist, or you don’t know about. Like, Failure to Delivers (FTD’s), Payment for Order Flow (PFOF), naked short selling, basket swaps, rehypothecation, self-regulation, or that 90-95% of retail trades per the SEC are being internalized or going to dark pools, where the transaction doesn’t hit the lit market and affect price discovery! You could cover each of these topics and many more with pages of compelling DD including numerous examples from GME and other companies effected by these issues (for example, a staggering 248 such DD research pieces on the stock market and GME composed and organized by Redditors here).
I bring up GameStop because it’s a perfect example of something amazing with a relentless cult following that has a mission to make wall street pay.
Are Memes Profitable? They Definitely Can Be! Let’s switch gears into Crypto. Around the same time GME was going through what should’ve been a squeeze, but was cut short by manipulation, DOGE was gaining traction and has become quite the meme coin. Even with an infinite max supply, and 147B tokens circulating, it has achieved a Market Cap (MC) of over $58B, let that sink in.
When talking about meme coins, you might think of smaller projects, pump-n-dumps, animal tokens, scams, and rug pulls, and while you wouldn’t be wrong for probably 98% of them, there are some insane runners that have done quite well.
Look at PNUT or GOAT for example. Peanut the Squirrel was trading at $0.08 / $89M MC on 11/9/24, and by 11/13/24, just 4 days later, it had reached a staggering $2.24 / 2.25B MC!! GOAT has a similar story and both of these tokens have a total supply of 999M, with permanently locked liquidity of 7.7M and 6.7M tokens respectively.
Meme This! Should these examples of GME, DOGE, PNUT and GOAT, be considered memes or are they so mainstream with a purpose and/or following that they should just exist free of their meme status? What should determine what is a meme, is it derogatory, and should it stick forever? Maybe it’s based on why people invest in such projects, is it for fun, to be a part of something, help drive a cause, or maybe simply to make money? It could be any one or a combination.
Interestingly, I found someone who is very well connected and comes across a few good projects a year. He recently shared one of these with me, which I was quite intrigued by, as it fit all of these reasons above. I checked it out and immediately knew I wanted to be involved. What is that draws us in, or gives us that feeling of needing to join a movement and fight?
The Problem. I believe it’s a product of our current society, and where we are in the financial, political, social, and religious landscape. Mainly the desire to have a comfortable lifestyle free of threats, and the American Dream we were fed growing up. We’re bonding together and wanting to make a difference, enact change, improve the world and the environment, and make things better for future generations. But for most, we get fucked around every corner, and in every chance we take in life, no matter how hard we try. Guess what, that’s a feature not a glitch, leaving you just enough to get by and be miserable. Maybe you’re a little better off and your part of the dying middle class, but I’d be willing to guess you still have your own set of problems.
Maybe there’s an answer to the big problems out there, and hopefully we’ll see some change in the future. But in the meantime, I mentioned a project that might prove useful in igniting that fire of change, and fueling a movement that is unstoppable (much like GME), with the possibility to honestly make a difference, all from even small individual action and little effort. It’s the idea of, I’d rather have 1% effort of a hundred people, than 100% from one. Hell, it began when you took the time to read to this point.
A Call To Arms. The sky’s the limit to what we can achieve, and the power of many leads to the ability to accomplish about anything! Look back at the impressive DD library above at what a handful of smart and dedicated people have put together on a crowdsourced project. A mission has begun, where will it lead, I have no idea. It reminds me of Fight Club, the energy, the dedication, drive to organically solve a problem and bond together for a cause. But in its infancy, they don’t even have the cause fully identified, just that they want to fight back against the corrupt system, the fraud, crypto cabal, and manipulation. Something that rings true in my ears as an MMTLP, BBBY, and old DRS’d GME investor. Maybe it will resonate with you too?
$ANARCHY The Project, TC: GYPxyPtu6g1NmnEPPkTcCdSZz7ZMs6A1S3wTjnLdpump
This is more than a token- this is a movement and who knows where this project will go. But I do know:
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The largest DeFi burn ever: 55% of the token supply or 563,142,857 tokens were personally bought and burned from the market by Miazaki the dev (SOLSCAN)
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Leaving a total supply of just 430M with 27.5M permanently locked in the liquidity pool.
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Not another pump-n-dump, no dev team pool of tokens to dump and crash the price, making it unruggable
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Most short-term thinking scalpers/whales have cleared out leaving the token in the hands of the 3,000 hard core and growing followers
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Top holder only has 3% of the supply
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Organic growth and marketing, no bots, or paid promotion, just a rabid cult following
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Not another animal token, but a social experiment and project with a purpose, where the holders control the token, have a purpose to fight corruption, and see a win for the people
This is just getting going near $1M MC, and an insane following building daily. It’s already experienced its initial retraction and primed for a massive run in the coming days. This project has the makings to reach a $100M MC or more. Could you imagine discovering PNUT, GOAT, or DOGE, right before they ran?! Well, some lucky ones did, so maybe this is your turn, and an opportunity to be part of something much bigger, with a purpose, and from the beginning. But don’t believe me, go check it out, look at their Telegram, read all the Reddit posts and DYOR, see if you discover the same thing I did and join the fight!
TLDR: GME kicked some ass in 2021, but the battle rages on, as the shorts never closed. Some meme coins have crushed it, Wall Street remains completely corrupt. A new meme coin $ANARCHY is joining the fight in the Crypto space against all the scams and corruption, with a $100M MC target (for now). If you’re looking for something positive to get behind, and a community worth being a part of, consider GME and ANARCHY, the only current true memes.
submitted by /u/968Driver
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