Crypto Trader Smiley Capital Shares His Meme Coin Portfolio, Believes They Will Yield Significant Returns

Prominent crypto trader Smiley Capital shared his memetic portfolio, which he believes they will yield significant returns.

Prominent crypto trader Smiley Capital unveiled his meme coin portfolio on Monday, expressing optimism that the coins will generate substantial returns.

Here's a closer look at Smiley Capital's meme coin portfolio:

PEPE (CRYPTO: PEPE): Smiley Capital's famous "biggest bag" is also part of his largest holding, with a cumulative valuation of between $400 million and $500 million. . He called it "the most famous Dogecoin in this cycle" and was optimistic that it would benefit from "the best Ethereum and Trump beta coefficients, with small unit deviations" and the market value during the cycle is expected to reach 50 billion to 1,000. One hundred million U.S. dollars.

MUMU The Bull (CRYPTO: MUMU): Smiley Capital said that people have been using this meme in financial markets (including cryptocurrency markets) since 2018. He calls it “the leading bullish synthetic sharding token that appears on the most famous online casino, Solana.” His target valuation of MUMU is US$5 billion to US$10 billion.

DOG THE NFT (CRYPTO: DOG): In Smiley Capital’s view, this token is like the “Mona Lisa of cryptocurrency.” He believes that when DOGE "increases 10 to 15 times, add another 0 to the increase in DOG." The trader predicted that the synthetic sharding token would be valued at $10 billion to $15 billion.

Popcat (CRYPTO: POPCAT): He believes that this token "will make ordinary people laugh" and will therefore be very popular, with a valuation of US$5 billion to US$10 billion. Finally,

Mog Coin (CRYPTO: MOG): In Smiley Capital’s opinion, this token is “the embodiment of TikTok/Instagram zoomer culture” and his “biggest cultural bet.” He called it the best ETH/PEPE beta, with a target valuation of $20 billion to $25 billion.

Smiley Capital also revealed that he accumulated these five tokens in the second half of 2023 and the first quarter of 2024. He believes that concentrated belief and large capital investments are better suited to meme synthetic shard tokens without any fundamentals or long-term value than a “cast a wide net” strategy.

The trader also mentioned that he has bought all of these coins on the open market and each of them has increased between 5 and 12 times, but he plans not to sell any of them until the bull market peaks Most tokens.

The above is the detailed content of Crypto Trader Smiley Capital Shares His Meme Coin Portfolio, Believes They Will Yield Significant Returns. For more information, please follow other related articles on the PHP Chinese website!