Looking for the next hundredfold opportunity on Ethereum: A new round of Meme season is coming soon

This article will introduce how to achieve substantial returns through meme coins in the current market cycle. This is not just an idea, but a concrete and feasible execution strategy.

In the past year or two, I have been accumulating meme coins on Ethereum. I have adopted a buy-the-dip strategy and have no plans to sell in the short term. Currently, meme coins make up 80% of my portfolio.

At the same time, I gradually reduced my positions in meme coins on Solana. The liquidity of meme coins in the Solana ecosystem is gradually declining. With a few exceptions, the return rate of meme coins has been on a downward trend since January of this year.

Although the meme coin market on Solana will not completely disappear, new meme coins still appear and fluctuate significantly every day. However, we can find safer and higher return investment opportunities on Ethereum.

From a macro perspective, my meme coin strategy is very simple:

Stop making broad bets on illiquid Solana meme coins and no longer pursue 100x returns.

Start pursuing 10-20 times returns on Ethereum meme coins with good liquidity and invest more funds.

Why choose Ethereum meme coins?

The liquidity of a certain trading pair reaches 49 million dollars. How will the prices of these meme coins perform when the price of Ether doubles or triples?

My view is simple: ETH will rise, and the meme coins will rise even more.

In the past 1-2 years, we have seen some meme coins delivering excess returns. The price performance of these coins has outperformed ETH, and it is likely to continue this trend in the future.

If an Ethereum meme coin meets the following conditions, add it to the watchlist and monitor it closely:

• Online for at least one year
• Locked or burned liquidity exceeds 500,000 USD
• Contract ownership has been abandoned
• The official website and social media are still operating.
• Holders maintain a certain level of activity on social platforms.

These cryptocurrencies will significantly outperform ETH in the upcoming altcoin season, and this moment may be closer than expected.

In addition, Ethereum meme coins have a hidden advantage: they are compatible with DeFi. This will be explained in detail later.

Price Target

Everyone cares about price targets.

Although no one can accurately predict price movements, reasonable assumptions can be made based on various indicators. Remember: whether you like a particular coin or identify with its meme culture, almost all meme coins will rise during a bull market.

First, start with the leading meme coins, which are those that once reached a market value of 1 billion USD. At the current price level, their expected returns are 5-10 times. Holding these coins can allow you to sleep peacefully; unless a catastrophic event occurs, a 90% drawdown is almost impossible.

Next are the mainstream meme coins, which have once exceeded a market cap of 100 million USD. These coins usually list on second-tier exchanges and have active communities and loyal holders. It is expected that these mainstream meme coins have a potential upside of 10-20 times.

Finally, there are the shanzhai meme coins, which are low market cap meme coins with a market value of just over 10 million dollars, not listed on exchanges, with low liquidity and trading volume, but greater volatility. Not all small-cap meme coins will skyrocket, but those that perform well could yield returns of 20-30 times.

The investment portfolio should focus on allocating blue-chip meme coins, moderately allocate mid-cap meme coins, and hold a small amount of small-cap meme coins as speculative bets.

Spot Leverage

Don't let anyone tell you that meme coins are worthless.

After buying meme coins, what is the next step? Use meme coins for DeFi.

A certain protocol allows you to borrow using meme coins as collateral.

Why use this method to collateralize a meme coin loan? I use it to increase spot leverage for my holdings. Now, for every 1 dollar increase in the meme coin, I can earn 1.5 dollars.

The specific operations are as follows:

• Buy 10,000 USD of a certain meme coin
• Deposit the meme coin into the protocol and borrow a loan of 5000 USDS.
• Exchange USDS for this meme coin
• Deposit the remaining 5000 USD meme coins to lower the Loan-to-Value (LTV)

The number of meme coins you hold has increased by 1.5 times. You will only face liquidation if the price of meme coins drops by 66% from the current level, and the likelihood of this happening is decreasing every day.

Moderate leverage can bring substantial profits. A 1.5x exposure to meme coins can help you sleep soundly. Additionally, after completing this transaction, you can also earn protocol rewards, making it a win-win situation.

At first, I did not realize the potential of this operation. But now some meme coin communities are buying more tokens and driving up prices through new buy orders.

A certain protocol currently supports multiple meme coins and will support more currencies in the future.

So what about trading futures or perpetual contracts on mainstream exchanges? I suggest proceeding with caution. The meme coins on Ethereum are more mature, and their rise takes longer; it's a game of patience, and an increase is just a matter of time.

If you want to engage in swing trading, please stick to low leverage, long periods, and never invest more than you can afford to lose.

Exit Strategy

The last step is the easiest.

The position has been established, and what's next is not just waiting, but patiently waiting. The time for Ethereum meme coins will eventually come. The market is cyclical, and the moment for funds to rotate back to Ethereum meme coins is approaching.

Regardless, setting clear profit targets is crucial. Without a plan to sell a certain proportion or amount of meme coins, your position is like a roller coaster.

When your cryptocurrency starts to rise, first repay the loan of the protocol and reduce the spot leverage. Then gradually sell using a decentralized exchange, exiting in multiple transactions.

Don't try to precisely time the peak. You need to take profits in batches as the price of the coin rises. The Gas fees on the Ethereum mainnet are very low, so you can sell multiple times as needed.

After completing these steps, you have successfully captured the bull market and achieved considerable gains through meme coins.

Conclusion

I must admit and execute this trading strategy.

meme coins will exist for a long time.

While I also have high hopes for other crypto assets (including NFTs and some Solana meme coins), I firmly believe that Ethereum meme coins are like beach balls underwater, and they will eventually resurface.

In a bear market environment, we have seen some meme coins rise and rebound from the lows in February. With some DeFi protocols introducing lending and spot leverage features, a new season of meme coins is likely on the horizon.

This time, I won't trade new coins aggressively, but instead stick to those time-tested old meme coins.