Why Memecoins Can Be So Profitable: Ansem and Kelxyz
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- Опубліковано 7 чер 2024
- Memecoins have been the most profitable investment of the year, and these traders believe they still have a lot of potential.
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In this episode of Unchained, memecoin traders Ansem and Kelxyz unpack everything about memecoins, discussing what makes them valuable and how they evaluate their investment potential. They also address the criticisms and controversies surrounding them, including racism and sexism. (They have a surprising reaction to the latter.) Ansem and Kel argue that memecoins have substance and value, largely due to their popularity and the attention they receive on the internet.
They also discuss the importance of distribution and virality in the success of a memecoin, how the chain any coin is on affects its value, and give their opinions on Runes vs. BRC-20s vs. Solana and Ethereum.
Plus, they talk about their wildest memecoin stories (think: Dogwifhat) and provide their insights on what they think memecoins will become in the future.
Show highlights:
🔹 Ansem’s and Kel’s investment theses around memecoins
🔹 How Ansem and Kel got into trading memecoins and how they evaluate their potential
🔹 Why the coin distribution matters and whether tokenomics is important with memecoins
🔹 How to discern between memecoins with genuine vs. fake interest
🔹 How memecoins differ across blockchains such as Solana, Ethereum, and Bitcoin
🔹 Ansem and Kel’s responses to the criticisms of memecoins
🔹 Whether and how memecoins could become safer for users
🔹 Kel and Ansem’s surprising reaction to racist and sexist memecoins
🔹 Ansem's story on WIF and how a female friend of his fueled its popularity
🔹 Whether Bitcoin is “the original memecoin" and how they define memecoin
🔹 The future of memecoins and how they believe all memes will become coins
Thank you to our sponsors!
➡️ Polkadot polkadot.network/ecosystem/co...
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Guests:
⭐️ Ansem / blknoiz06
⭐️ Kelxyz / kelxyz_
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Time Stamps:
00:00 Introduction
04:26 The investment thesis behind memecoins
08:19 Ansem and Kel's journey into trading memecoins and their assessment criteria
21:51 The significance of coin distribution and tokenomics in memecoins
28:56 How to manage the influence of bots
30:31 Differences in trading memecoins across various blockchains
38:09 Ansem and Kel's responses to common criticisms of memecoins
42:34 The potential for memecoins to become safer for users
44:32 Why Kel and Ansem find the racist and sexist memecoins funny
47:54 Ansem’s personal anecdote involving WIF and its impact on the market
1:01:29 Whether Bitcoin is the "original memecoin"
1:05:59 The future of memecoins and how all memes will become coins
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#bitcoin #ethereum #crypto #cryptocurrencies
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I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Does anyone know of a tool I can use to automate Solana token purchases?
gpt sniper bot is good for auto
gpt sniper bot
"Why memecoins can be so profitable"
Because if you have a giant following a bunch of people will buy anything you say
profound...
lol right
Biggest SCAM RING in Crypto
good to see my brothers here.
This was a good discussion. Very honest about what memecoins are and aren't. Refreshing, and thanks!
16 years and this is the great innovation for cryptos.
fun episode. love to see Laura talking crypto with these two
Why is the music on this channel absolute fire, I love it
legendary, well done laura
Laura, Thanks for your contribution to the crypto space.
Crazy what impact an influencer can have on a memecoin, if Kendrick responds to Drake, #Kendwick will go parabolic
Revux's presale got me hooked - the coolest way to be part of a groundbreaking project. Let's go!
I'm black and i was also laughing when the host brought up the racist meme projects issue :D
Meme’s cult is here to Stay Forever!
But few Memes have an Amazing passionate Communities like DUKO has ! 🎉
Cool vibes only - Revux's presale is the talk of the town.
Interesting.
Bros are based about race, while she's sitting there going, "but ur black..."
My man
🔥🔥🔥
ansem has a hat, has anyone seen ansem's hat. just look at it.
One word, Revux!
Presale fever is real with Revux - the coolest project in town
$Kendwick will win the crypto beef, just like Kendrick will win the rap beef!
🤣🤣😂😂😂😂🐈⬛🐈⬛🫏🐃🐃🐃🦓🐃🦓🐃
Congrats to all early adopters, Revux will crush this year
Bork and Chinu on Solana 1000% coming.
Ride the bull run with Revux, sale ends soon
He meant the blue frog $CROAK 💧🐸
TMANIA going crazy, what do you think?
$GBOY is the hottest memecoin right now. Made over 10X already and holding till it moons
$KIMBO to the moon ANSEM
Next stop for Revux, Binance listing.
TMANIA ftw!
The Door... Is Open!!!
I dont know about these guys...at some points it seems they are insinuating that meme coins are this non zero sum game. I personally find meme coins to be closer to a zero-sum game
All markets are a zero-sum game
Biggest SCAM RING in Crypto
Laura when Ari paul from Blocktower
ANIME.....anime popular culture is way TOO BIG for this LOW MARKET CAP!!!
PEEZY.. young Pepe on Base. Why is no one talking about it !
ANIME on BASE!!
Can someone send me link of dog wif hat girl video
I think these guys managed to get 1 memecoin trade right and now they hold gUd tEcHnOlOgY coins to grow their meme coin profits.
$KENDWICK & $TIMMI ALL THE WAY
So over meme coins, pump N dumps already
You missed a 40x on $Mother and $Jenner. True, 99% are pump and dumps.
$michi is going to melt faces. It’s better than wif. Insane how much more relatable it is+it’s a cute standing cat. But more importantly it’s a new meta - that people will want to be invited to interact and make their own. Michi is doing that more than any meme coin on the planet. Get your bag now.
$200M MC is insane for such a low effort project
@@bryan805 you know how much content is being posted by unorganized communities? lol since when did effort matter when is code is running so much of our economy 24/7
Biggest SCAM RING in Crypto
$crack
Z!!!!!!!
Revux RVX is a top gem, DYOR!!!!!
Wow, so people pile into memes with zero due diligence? How surprising.
tell me you a midcurver without telling me you a midcurver.
ITS ALWAYS AN INSIDE JOB
It's nonsensical episodes like this, that add fuel to the nonsensical DeGen Crypto Casino culture.
Lol no. Degens are what the space has. No episode can convert ppl into degens. If you want to put blame, then put it on VCs and a lot of institutional leaders. They help to foster grow this degen culture from the last cycle. They made degens rich from vaporware and all other sorts of nonsense. All the outsiders who thought Web 3 was a thing because reputable VCs and names put their stake into it, most ended up as exit liquidity for degens who knew it was a hidden casino all the time. Other examples include DeFi yield farming, sybil airdrop farming, and other vaporwares.
Degens have all this cultural influence because they have capital - this space largely follows the money. Ask yourself. How did all these jobless degens get so rich from just hanging around in this space, if there weren't so much VC money funding these BS. Ansem can talk his butt off about how WIF is so relatable. The fact is, that coin got rugged and stay near zero for nearly a year. If it is so fucking relatable, why didn't it pump earlier? Meme needs whale money first and foremost. Again, it all circle back to, how da fuck do these degens who don't have jobs get so rich if there weren't so many BS VC projects letting these degens rinse newcomers dry.
It’s nonsensical comments like this, that add fuel to the nonsensical crypto evangelist movement that loses investors tons of money each cycle.
Its the most honest and solely use case for crypto, SO FAR!
@@kryptomokus1755 Buying meme coins to get rich quick is not a use case.
@@adriandefi 😂😂😂 that's your reply?
Lately i got interested in crypto but has no idea how to go about it. Can anyone Help with a reliable tra-der?
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached.
Evelyn Turner is the professional that guides me and her optimal returns are really impressive
Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Really you actually knew her?I thought I was the only one she has helped me through the fears and falls of trading
Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!
Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a UA-cam referral like this
too much alpha, take down this video
$Kendwick
$KENDWICK
$Kendwick