Good analysis. I got my points for $PNS so I am reading and looking into as much as I have time for. Solana is surely on Fire and a lot of that is driven by the memecoins on there.
We have other memecoins here already and a small infusion of outside money would do well for their prices and Hive visibility in general. #PEPE is a well known memecoin name and we have our own here. We can't see much of the order books here, but if just 3 whales put $1000 into our PEPE then the price would do a multiple X increase. The whales might then take quick profits, but seeing that profits are available here, they might roll that into another Hive-engine token. Repeat, repeat, repeat. Hive may start to be known as a place for good memecoin action.
So I have a bunch of PEPE on hive-engine (people can trade at
https://hive-engine.com/trade/PEPE) and this has always been my hope, that just the name PEPE might attract outsiders to our our hive-engine PEPE and other tokens. I've never felt better about those chances. You spell out the possibilities quite well in your "The effect" section above. $PNS might bring people in, some of whom love #PEPE and cycle to that, and then hopefully they cycle to other hive-engine tokens.
$PNS has great potential for all of us on HIVE and I support the token and the team behind it. Thanks for your thoughts, very well expressed in this article!:)
Thank you very much, I got my points too, I’m hoping it’ll be a big success.
You’d be surprised at how people take trading of memes on Solana so personal, in my few days of lurking around there, I’ve seen people who trade memes like we write posts on here.
Beneath the memes and noise, it’s a very interesting way to get people to use a chain and learn about it, imagine writing on Hive, but on Solana, it’s trading of memes both pros and noobs all together…its fun when you’re not loosing money.
I’ve been seeing the Pepe meme token on Hive engine too, the capital to pump is very essential but it might seem like a waste to the public to tap from DHF
One thing is for sure, if we can get two or three memes to pump numbers and make many hive people rich, it’s a way of marketing in itself, maybe the type we really need.
Should we start a Hive-Engine Pump club and work as a group to pick one token and pump it?
Anyone reading this, I'm on Discord and would participate! :)
It's HEP to be a member of the HEP club :D
And it's too late for me to be typing, and this may be crazy or a bad idea, but I will say some of my best ideas come to me when I'm half asleep.
Have a nice day! :)
Lmao! I’m in if I’ll make money. I’m presently broke tho. Just so you know ahead.