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Solana Memecoins

It actually blows my mind how many people are chasing Trump’s token. They’re dumping their long-term conviction plays purely out of FOMO. (I’m not just referencing BIAO; I’m referencing all meme tokens.)

My advice to you is: DO NOT get shaken out of your position in BIAO or other high-conviction plays just to chase green candles. Trump’s token is currently at a $5 billion market cap. To even achieve a 2x, it would need to hit $10 billion. I’m not saying this is impossible by any means, but it’s a scenario where you should trade with caution. Do the math. Be sensible.

The people who managed to get in early on Trump’s token have made life-changing amounts of money, and I’m genuinely happy for them. However, there will come a time when those early investors will want to cash out. And I’m not just talking thousands of dollars, I’m talking millions, flowing out of Trump’s token and rotating back into other crypto projects.

Right now, Trump and SOL are drawing all the liquidity. For any token on Solana, this is amazing. We couldn’t have hoped for anything better, as it’s only going to draw more and more eyes to the ecosystem. And with attention comes money.

Let’s break down the Maths

I’ll use my highest conviction play, BIAO, as an example. BIAO is currently valued at $8 million. For a 2x to be achieved, we only need to reach $16 million (which it hit just a day or two ago). This is easily achievable, thanks to so many factors. Our market cap is at a mouth-watering stage right now, with everything Biaotoshi is building.

A 10x (and beyond) is inevitable. Biaotoshi has already secured partnerships with some of the biggest names in crypto. Here are a few: WinterMute, DWF Labs, BonkBot, and the most recent one, SolanaMobile, as well as being listed on 8 exchanges!

So why chase green candles at a $5 billion market cap when you can comfortably hold onto BIAO, knowing huge things are coming? (For example, at a $20 million market cap, Biaotoshi has revealed that a HUGE partnership will be announced soon.)

Personally, I’m not touching Trump’s token because I know the FOMO will eventually come to an end. Those aping in like they have an endless amount of funds will eventually get rekt. And I truly hate to see that because I know the impact it has, not just on them, but on the people around them.

People may view what I’ve said differently, as we all assess things from different perspectives. I’m just providing my input and hoping to help people along the way.

Final Thoughts

All I’ll say is: be sensible. If you do end up chasing those green candles, I wish you the best.

Stay convicted. Stay BIAOLIEVING.

CA: 2ru87k7yAZnDRsnqVpgJYETFgqVApuBcwB2xDb19pump
Twitter: BIAO_Meme

submitted by /u/FuzzBallTrade
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