GM DOers! š
Imagine buying this NFT for 31 $ETH ($63k).
And getting 6.8 million $MEME ā worth $260k or 130 $ETH ā over the next 24 months.
All while keeping the initial NFT for yourself, which is ready to be sold after youāve claimed your cash.
No lock-up periods, no staking required, literally no catch (almost).
This is the $MEME opportunity some have spotted (h/t punk9059). But itās not as straightforward as it seems.
Today, Iāll clarify by going over the $MEME opportunity & what you should be aware of.
At the end of this newsletter, Iāll also share how you should be thinking when investing in web3 to be successful long-term. So read until the end.
LFG. ā¬
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The $MEME Opportunity Few Are Seeing š
A couple of weeks ago, we sent you a newsletter telling you how Memeland raised $10 million in 40 minutes through a fire sale of Memecoin ($MEME).
In that fire sale, Memeland NFT holders got allotments based on the amount of NFTs they held.
1 lot = 300,000 $MEME.
A total of 7.59 billion $MEME was allocated for this fire sale, with 21,544 wallets getting a piece of the pie.
Immediately after the fire sale, 25% of tokens were unlocked, with the remaining unlocking daily over an 18-month period.
All $MEME tokens from the fire sale are set to be put in circulation by May 2025.
Important: The wallets that got into the fire sale using Memeland NFTs do not need to hold these NFTs to unlock future $MEME ā these tokens are already allocated for each wallet.
Naturally, some holders have dumped their NFTs since they didnāt need them anymore.
But as you can see on the chart, the floor price is starting to rise. And thatās because of the $MEME opportunity.
Hereās the deal.
Memeland has reserved over 17 billion $MEME tokens for future airdrops, aimed to be distributed by November 2025 (2 years from now).
At current $MEME prices ($0.038), thatās $60.4 million. š¤Æ And Memeland NFT holders can get a significant piece of that pie.
Each Memeland NFT is eligible for the following airdrops:
Keep in mind that some of the $MEME has already been distributed to current holders of the NFT. But the biggest chunk is yet to be unlocked.
Currently, there's no details as to how and when the airdrops will be distributed. Rumours suggest that $MEME will unlock every 6 months for the next 2 years.
The Catch š¶
Your future gains all depend on the future price of $MEME, which is very volatile.
In the last 7 days, $MEME surged over 100%, which is why at current prices the opportunity is there.
However, thereās no guarantee that $MEME will be worth as much by the time you get your airdrops.
Thereās also the possibility that $MEME will be worth much more 2 years from now.
We have no idea what will happen to the price of $MEME in the future.
The only thing weāre aware of is that over the next 2 years, a lot of $MEME will hit the markets & increased sell pressure is expected.
Furthermore, Memeland literally says that Memecoin has 0 utility, 0 expectations and NO roadmap.
So everythingās very very uncertainā¦
If youād like to capitalize on this opportunity just know that youāre essentially gambling with your $ETH. It could be a winning bet but you could also get rekt.
So tell meā¦ Would you risk your $ETH to potentially earn this free cash?
Reply to this email with a Yes/No!
Let me tell you how I think about it & how you can successfully invest in web3. ā¬
How to Successfully Invest in Web3 š°
I would never sell or risk my $ETH unless Iām 100% certain of the asset Iām about to buy.
For instance, almost 1 month ago, before $SOL surged to over $60, I urged our PRO members to convert some $BTC & $ETH into $SOL.
The reason I said that was because Solana was extremely undervalued at sub $30 levels, so it looked like a perfect trade ā and it kinda was. š
However, investing in a Memeland NFT is different from investing in a blockchain token like Solana.
Itās a much, much riskier bet for sure. But that doesnāt mean it wonāt work out. So hereās my thoughts. This is a sneak peek from our Web3 Investing Masterclass.
My general rule is this:
80-100% of my portfolio should always be $ETH, $BTC or stablecoins.
1-20% of my portfolio can be allocated towards riskier blockchain/application tokens like $SOL, $UNI, $IMX or $RPL.
Less than 1% of my portfolio can go towards NFTs (which are furthest down the risk curve).
So, if I was to capitalize on the $MEME opportunity, Iād want to buy an Alien Captainz NFT ā worth about 30 $ETH right now ā because that can give me the biggest return.
The problem is that 30 $ETH equals much more than 1% of my portfolio so if I was to do this, Iād break my rule of thumb. And thatās a one-way street to failure long-term.
In other words, for me personally, itās not worth risking my $ETH for this very risky bet, although the opportunity is there and itās appealing.
But it might be worth it for you. Feel free to reply to this email with your thoughts. I read all the responses that come through.
Nowā¦ If youād love to properly capitalize on the upcoming bull market, without leaving things to chance and without needing to place risky bets, then I have an offer for you.
Right now, because itās Black Friday, weāve bundled together:
1 Year membership to Web3 Academy PRO (worth $180)
Plus...
Our Web3 Investing Masterclass (worth $249)
And slashed the price by 69% ā our biggest offer EVER.
If youād like to jump on this opportunity, you can get a full year of Web3 Academy PRO for just $133 and get the Web3 Investing Masterclass for Free.
These 2 resources combined give you everything you need to combat the upcoming bull market and create generational wealth.
P.S.- This offer is available until November 21st. Hurry!
Thanks for reading. And remember, you're strong, youāre powerful, youāre alpha! ā¤
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Disclaimer: This article is for informational purposes only and not financial advice. Conduct your own research and consult a financial advisor before making investment decisions or taking any action based on the content.