Welcome to Alpha drop. My name is Ron Martin. Here, today we're going to be giving you guys some Alpha on meme coins. For the past year, we've been trading meme coins and we made pretty good money. We're so happy that some of you guys have also made really good money. It really makes us happy and it's inspired us to continue making more of these types of content for you guys. So listen up. We have more Alpha to share with you guys. We're going to be talking about meme coin performance. We've seen some that really popped off. Right then, we're just waiting for the rest of our bags to also do the same. So we're going to dive straight into that. Excited? Let's go!
Yes sir, guys. Eight days ago, we have a video talking about our top five high conviction meme coins. In our top five play, we have: mad, Nom Nom, fog, uhoo, and foxy as a bonus pick and uh what the [ __ ] is this... no not fluffy this is like a like a like a whatever we didn't, yeah, when we talk about fluffy it's like an interesting case that was hot for the day. I wonder what they're doing now. And out of those five, fog performed the best.
Yes, at that time when we did the video, the market cap was at $12 million market cap and now look, 72 million. There we go. Okay, look at that. I saw that it was going up to test this resistance previously here and I sold fully here, insane because I thought it's going to retest again and go to bid just like ...
So why fog popped off? It's crypto math, yes, it's crypto math. The only variable that you can control is at which range you want to bid at. For Blue Chips, it's that simple, okay, it's really that simple. You look at a project, you think that it has a chance, uh to be a blue chip, okay, then you just bid at a at a good range. You bid at a good range, that's it. And then there are the things that you just mentioned: The Branding, Community...
So now we're looking at potential Blue Chips. Fog was, is one of them, right? We know the story behind this, yes, this is like the GameStop for for uh pump fun, right? This is the GameStop token of pump fun because the backstory behind it. If you want to know more about the back story, just Check out the video check out the video, right? So it's just a matter of time until mad does the same thing, potentially, Nom does the same thing, sneo, but then again, you know...
And then learn about order blocks, watch the video Ron made, yeah, right, which is this one basically, right? So right now for the other three tokens for Mad, they're flirting around this order block. So I'm going to extend this one. So right now the price action is very stable, but it's flirting between here right now. The new bid is in this area right here, but yeah, right now we're just waiting for the rest of them to pop off if they're going to pop off. But we know that volume is coming back to Salana. Let's check it actually; okay, still at...
So slowly, yeah, yeah, you don't want it to explode too fast too soon, right, because you need time for people to accumulate, especially if you're waiting for a good bid. But we know, not we know, but we have a good feeling just based on their branding and everything that the rest of these tokens will pop off. The lower the market cap, the higher the risk, right? But this is definitely a good floor to look at, okay, in terms of Tron.
So just before we started the stream, you showed me this one. So we know that Salana has a mascot, we know that base has a mascot, basically, every coin has their own mascot, yeah. If you look at Tron, da really quickly, what do you see? You see this Chongus right here, right? Yeah. What else, now over here, official website, what am I looking at, it's the same Chongus, he's everywhere, uhhuh, uhhuh. So just a few days ago, was this yesterday? Just yesterday 2, yeah, this hit 10 million market cap, now it's all the way down to 2.5, not Financial advice but...
Okay, so guys please smash up the like button and subscribe to the channel. Check out our airdrop spreadsheet tracker to keep you on track with all of the airdrops that we've been farming and let us know in the comments if you have any more questions. All right.
Q: What is the main focus of the content on Alpha Drop?
A: The main focus is on giving viewers Alpha on meme coins and discussing meme coin performance.
Q: Which of the top five high conviction meme coins performed the best according to the content?
A: Fog performed the best out of the top five high conviction meme coins mentioned.
Q: What is one factor mentioned that contributed to the success of Fog meme coin?
A: The increase in market cap from $12 million to $72 million was mentioned as a contributing factor to the success of Fog meme coin.
Q: What strategy was highlighted for trading meme coins?
A: The strategy mentioned was bidding at a good range based on potential Blue Chips and considering factors like branding and community.
Q: Which meme coin was compared to the GameStop token in terms of potential as a Blue Chip?
A: Fog was compared to the GameStop token in terms of its potential as a Blue Chip.
Q: What was advised regarding investment strategy and risk assessment in meme coins?
A: It was advised to be cautious about the risk associated with lower market cap meme coins and to look for a good floor in terms of Tron.
Q: What opportunities were discussed in the Tron meme ecosystem?
A: Opportunities related to the mascot Chongus in the Tron meme ecosystem were discussed.
Q: How did the content encourage engagement within the crypto community?
A: The content encouraged viewers to like, subscribe, check out airdrop spreadsheet tracker, and leave questions in the comments.
