In a bear there are not many coins you can invest and sleep on. Viral coins did good numbers over the last few months but died off as fast as they pumped.
While these coins (Penguin, Punch etc.) were a good opportunity for early buyers, there was no sustainability. Retail lost again.
A few ingredients are needed for a coin to not only achieve 7 to 8 figs in this market but also hold those levels:
1. An S-tier team: A strong, experienced team with a clean track record, honesty, and proven execution skills that has money.
2. Supply control, market making and seasoned devs: The biggest memecoins had all of this, and the next big ones need it too. Especially in a bearmarket you want to be able to sleep on your bags without being afraid of poor holders pulling the plug.
3. Strategies to move beyond CT: CT has become a highly extractive environment where rugs are now daily occurrences. Most participants lost the majority of their net worth and KOLs lost momentum. The next big memecoin needs campaigns, intensive marketing and cross-media presence to achieve mainstream adoption and media coverage. This properly addresses normies and creates sustainable buying pressure. IRL marketing, Tiktok canpaigns and merch for example.
4. A normie-friendly Simple narrative: Memes don’t need long-form thesis posts. Keep it simple and stupid — a dog, frog, cat or fart. Which narrative is simpler and more mainstream-friendly than
$Simple?
Considering these points as given, i am expecting
$Simple to surprise many people on this app.
The combination of all this will work out.
GM
Rough conditions often bear the biggest runners.
$SIMPLE is being born in exactly these conditions.
A lot of launches struggle, but this one is different and here is why:
- 25K mc start.
- 70% bought and locked by team.
- Supply control.
- Eco support.
Simple on
@nemofunsolana
That’s the bet. Many things are coming for it and I couldn’t be more excited.
The Simple way.