Galaxy Digital CEO Michael Novogratz reaffirms his support for memecoins, calling them a 'cornerstone' of the cryptocurrency industry. Novogratz praises the unique narratives of memecoins and emphasizes their importance in portfolios. Memecoins are gaining attention for their potential high returns, with strategies like sniping bots being highlighted for significant profits. Celebrities, including Lil Pump, Waka Flocka, and Soulja Boy, are showing interest in Solana meme coins, leading to a surge in trading volume and hype. The trend of celebrities engaging in memecoin activities on Solana has sparked discussions about the platform's involvement and potential outcomes.
if you're a celebrity looking to make money in crypto, here's a simple strategy 1. load wallet with $10K+ 2. tweet: "which memecoins should i buy?" 3. pick some that you like 4. buy them & follow accounts 5. just reply to their tweets 6. sell when big exchanges list them
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The reality is that Solana and its influencers will continue to welcome celebrities whoโs only goal is to sell their coins to you for profit because Solana has already created a culture where a โcommunity takeoverโ of a coin is both normal and acceptable after devs hard rug
๐จ LATEST: A trader turned 4.86 $SOL ($780) into 1,731.6 $SOL ($266.6K) in just 5 days by buying and selling $DADDY tokens, achieving a 385x gain. Note: Daddy token is promoted by Andrew Tate, and insiders hold 30% of the supply - Exercise caution. https://t.co/M1fzs4Rsif
Memecoin trading = Easiest way to make first $1M. All you need โ THESE 3 components: โธ Snipe coins using โฏ bot โธ Find 100x plays with โฏ โธ Use the secret tool ๐งต: Your step-by-step guide from $10 to $1M with memecoins (+ My Current Watchlist) ๐ https://t.co/PCjc4noEGH
Celeb memecoin aftermath No mass adoption, everyone dumping for rent money Mass reduction of total addressable users more like it NFTs and alt coins tanking while L1 coins tank make crypto look even more unattractive now to outsiders Is it fun? If you catch a winner, but mostโฆ https://t.co/aLr8XuGyKA
Is @solana doin biz dev with celebrities? Celebs are flocking into meme coins on SOL the way they jumped in NFTs in 2021. There are three likely possibilities here: 1) Solana is reaching out 2) Someone is advising them to do it 3) They see their peers succeed and want in https://t.co/id8bB9xWWH
Solana has become the grifter chain. Good job on-boarding those โcelebsโ. https://t.co/dbXKysfmFl
Last cycle celeb grifts - buy bored ape, hire smart contract dev, hire fiverr artist, promote for a month on spaces, fail to sell out obvious scam NFT This cycle - launch SOL meme coin for $1, snipe 20-50% of supply for low 5 figs, dump for 7 figs while tweeting ticker nonstop
A newbie turned $500$ into $150k by trading $SOL memes. But 99% won't be able to figure out HOW he did it. The answer is obvious: Snipping Bots. A ๐งต on how to earn +100x using Snipping Bots: https://t.co/RzKmaMCVPR
Turning $1K to $1M on $SOL meme coins it's more than true! But you can't do it without the right tools Here are 5 hidden tools to increase your wealth๐งต๐ https://t.co/D26I1KHWFE
We noticed that an insider sold 15.14M $DADDY for 11,752 $SOL ($1.74M), and his cost was less than $2K, a huge gain! 1/ Let's check it out.๐ https://t.co/LyUWpWljjt
Lil Pump, Waka Flocka, & Soulja Boy have all publicly shown interest in #Solana meme coins recently @X ๐๐ฌ๐จ A lot of celebrities have been, so why is this significant? My thoughts ๐ญ We are approaching a super cycle like no other โ๐ป The normies will rotate to $SOL &โฆ https://t.co/aeHxpaxLTF
Last cycle celebs used ETH to scam ppl with NFTs This cycle celebs will use SOL to scam ppl with memecoins Welcome to the 2024 bull run๐โโ๏ธโ https://t.co/C4Ysi0fIfh
The Solana foundation is likely involved with the celebrity outreach thatโs going on. There is no other reason that SOL would have such a strong sentiment amongst celebrities while BTC and ETH have ETFs being pushed as major events
The recent celebrity memecoin craze has brought excitement to a slow crypto market, creating significant hype and boosting short-term trading volume, making meme trading even more fun! Agree? ๐
Solana 2024 celeb scamcoin era going through it's Ethereum 2021 bored ape owner phishing era. Welcome to the cultural initiation, Solana. https://t.co/FeiydmgHVb
two things can both be true at the same time: 1. Solana is becoming the default home for celebrity shitcoins / rugs 2. This will increase awareness and usage to the Solana ecosystem that will result in net positive growth for high quality builders and apps when dust settles.
I made over $1,000,000 using a BONKbot. Everyone knows this tool, but only 0.1% know how to use it. Many will hate on me for sharing this for FREE, but hereโs my guide on how to make 1000x on memes ๐๐งต https://t.co/0UCsNrEiNk
This week, I made $90K on $SOL memecoins But $SOL degens are making $100K a DAY! Utilizing sniping bots and a strategic memecoin selection method has made this possible Here's a step-by-step guide (soon to be deleted)๐งต๐ https://t.co/7tSRpxUzg7
"Behind every great token is a great meme. So many laugh at the current meme coin craze, but we at @BoostVC are leaning in. Memes dominate the world of value. Whether it's the US dollar or Bitcoin itself. It's all memes." https://t.co/Q6y5PvH0lt
Those who sniped $DADDY made $2M from $1k Those who sniped $MOTHER made $1M from $700 All u need to be one of those is a solid memecoins sniping strategy Here is how to snipe memecoins๐งต๐(will delete it soon) https://t.co/EKGoOD0jDq
๐ 2024 is the year of memcoins ๐ The right coins will bring 100x-1000x to your portfolio The only thing left to do is to find those right coins, amongst a lot of garbage and SCAM โ๏ธ Here's a list of 5 coins that will take off this summer ๐งต๐ https://t.co/pxoPQ7qKeq
I found a wallet that turned $700 into $266k in one day. All the profit came from a single trade on $DADDY. Hereโs how he sniped it, making a 300x + lessons learned + his new holdings ๐งต๐ https://t.co/mqucNWIIMh
Mike Novogratz says there are two ways to make money on memecoins. 1. Be able to identify which memecoins people are going to laugh at. 2. Create one. https://t.co/gEqwZqUvti
Galaxy Digital CEO, Mike Novogratz reiterates his support for memecoins https://t.co/hYnIfztWLV
#Memecoins are a cornerstone of the #crypto industry - Mike Novogratz ๐งฑ๐ฅ๐ฐ Are they a cornerstone of your portfolio? ๐ผโ Click below to find out more โฌ๏ธโฌ๏ธโฌ๏ธ https://t.co/CHvEALkhRo https://t.co/0ZNHqRB1DD
Memecoins are a cornerstone of the #crypto industry - Mike Novogratz ๐งฑ๐ฅ๐ฐ Are they a cornerstone of your portfolio? ๐ผโ Click below to find out more โฌ๏ธโฌ๏ธโฌ๏ธ https://t.co/CHvEALkhRo https://t.co/EiNOTMVniA
Galaxy Digitalโs @Novogratz says memecoins are essential to crypto, praising their unique narratives. What do you think? ๐ค https://t.co/jnPOjXfaHI
UPDATE: GALAXY DIGITAL CEO MICHAEL NOVOGRATZ REAFFIRMS SUPPORT FOR MEMECOINS, CALLING THEM A "CORNERSTONE" OF THE CRYPTOCURRENCY INDUSTRY
๐ฃ Latest News: Memecoins are a โcornerstone' of crypto: Galaxy's Novogratz #news #cryptonews #crypto