SpiderCrypto Trading Journal
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Follow my journal for DeFi, NFTs, Crypto, and Memecoins.

X: https://x.com/SpiderCrypto0x

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Disclaimer: nothing posted here is financial advice, and memecoin trading is very risky. (DYOR)
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$RIZO giving entry opportunities here at 8m mcap.

If you have conviction that the official Tesla mascot mentioned by Elon x2 times will continue being relevant when BTC runs then accumulate now.

im accumulating more here as I think theres good upside.
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$LOFI dipped to 160m yesterday from its 240m ATH a few days before.

This was around a 30% dip - generally - this is when you want to go HEAVY if you missed the first wave up - LOFI now making its way back to ATH.

If you compare the price action of all the blue chip memes and the general dips after the first few weeks - it’s a similar pattern.

FOMC is on the 18th - I’m expecting the market to rip - and LOFI to expect its uptrend.
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SpiderCrypto Trading Journal
10 pudgy = 1 million dollars
Pudgy was seriously one of the easiest trades.

Most people overexposed to alts and memes and not a lot of people holding NFTs. Most people liquidated for more alts / perps exposure.

Lots of liquidity wanted to get back in and had no idea for entry.

6-8b min fdv.
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Imagine having no $pengu exposure
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Still bullish on $COSMIC - we've been bullposting it since 8m mcap -> 30m last week.

You might have seen some BS fud / whales selling which is why the price is 12m rn - but the team addressed it and the founder made a doxxed video on it.

Good levels to re-enter here as its hella undervalued at this mcap relative to what it should be - we're going into parabolia phase from FOMC later next week.

https://dexscreener.com/ethereum/0x65be3a91e189555be1524262b7a9a1e66296b2b0
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Solid analysis by David - doxxed founder of $LOFI - here you can see how Sui is the most popular chain outisde of ETH for where outflows from SOL go to.

Right now the attention is on hyperliquid and SUI on the timeline - SUI probably has more mindshare as its been more sustaianble / closer to catching up to SOL.

I can't reiterate this enough but - we are going into a leg up in the market - January traditionally has the highest returns for ETH whole year round - alts should go parabolic.

Very important you are positioned and no better place than the lead meme on SUI - $LOFI.

https://x.com/eyezenhour/status/1868091906149728551
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Squid game 2 is releasing later this month and lots of people already talking about it - squid game is the largest show globally.

Bidded $SQUID on SOL in anticipation - some friends in and people pushing this are decent

I can see the SOL version doing better than most chains because of the demand.

https://dexscreener.com/solana/5qsw6YJ92udkhQoJcCvk1jv3v67gP2WkQtVbYaTPHk7R
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Biggest pages in the world talking about SQUID game
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Dogecoin and Pepe pumps = buy memecoins (pnut, mog, etc)

Hyperliquid pumps = buy defi / fee generating protocols (aave, raydium, ena, etc)

Eth pumps = buy layer one (avax, sui, sei, mantle, link, etc)

Eth pumps also means buy NFTs.

Solana pump = buy solana memecoins

Virtuals pump = base coins / ai agents on base
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Okay so here's an interesting comparison - seeing as a lot of people are comparing $LOFI to $PONKE & $BRETT.

Chart above shows the similarity in growth since launch of $LOFI & $BRETT - both were second movers to their chain (Toshi & Hippo before) & both had a big catalyst they were launched into -> CB defi wallet & phantom sui integration.

CB defi wallet was released Jully 11th so BRETT had from february (launch) -> CB wallet launch where it peaked ATH (1.9bn) that was one of the main catalysts (market ranged after until recent ATH of 2.2b).

Now you have $LOFI launched peak bull market (December) with SUI integrating to Phantom in Q1 -> (imo will peak local ATH) - Whats different here is Q1 is where ETH has the highest returns and the market is going into its parabolia stage -> alt szn.

Phantom also has one of the largest user bases already with SUI being the fastest growing chain -> what do you think happens

Imo - this means expect the growth to be like never seen before as there will be so much liquidity in the market - not bearing in mind SUI is 4x away from Solana FDV and growing much faster.

Bull case: SUI $10+, LOFI $5b+
Normal case: SUI $8, LOFI 2-4b
Bearish case: SUI $6, LOFI 1b

Your job in the market is to anticipate mony flow and trends and position yourself to maximise most $$

We come back to this post in a few months
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https://x.com/SpiderCrypto0x/status/1869057516208054694

Just bought a metric fuck ton of $pengu.

Just listed on binance and my predicted fdv at 5-6b.

EDIT: a little concerned as only 10% claimed. Most people struggling to claim.
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SpiderCrypto Trading Journal
Okay so here's an interesting comparison - seeing as a lot of people are comparing $LOFI to $PONKE & $BRETT. Chart above shows the similarity in growth since launch of $LOFI & $BRETT - both were second movers to their chain (Toshi & Hippo before) & both had…
CONVICTION TIME.

First -35% dip on LOFI with the $PENGU airdrop stealing a lot of liquidity in the market today.

Heres an opportunity on $LOFI to size in / DCA for the upside - you cannot tell me that after the first few healthy dips you lose your conviction and don't buy more / hold - lol.

if you traded / sold the short term price action of PEPE, BRETT, or any other blue chip you would have been rekt.

Tomorrow is FOMC, BTC is at ATH along with BTC dominance, alt szn is about to continue.

Hold onto your generational wealth plays.
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Focus.

People claiming airdrops, dumping immediately, then selling their pudgies right now.

$pengu is a culture coin and the first to start the meta of nft collections -> memecoins.

There’s no way the industry lets this go at 2.5-3b fdv.
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