The meme coin market has been the place to be for most of 2023 as a huge amount of money has been poured into previously unheard-of tokens that have caused them to pump and make investors basically rich overnight and one such case was Shiba Inu. The market is as volatile as ever so it can be hard to find a strategy that works. One investor, however, seems to have cracked the meme coin code.
Thanks to the Twitter account ‘The Data Nerd’ (@OnChainDataNerd) we have been made aware of a very successful meme coin trader who we only know as the ‘Meme lord’ and he has certainly lived up to his name making huge profits from trading mostly meme coins.
The ‘Meme Lord’ has turned $30k into $450k over the last few years and it has been three coins in particular that have made him the most profit; Shiba Inu (SHIB), Pepe Coin (PEPE), and Dejitaru Tsuka (TSUKA). What is most fascinating is this meme coin mogul actually could have made much more profit if he had hung on longer before cashing in on SHIB and PEPE but it shows the value of having a trading strategy and sticking with it no matter what.
What Will the ‘Meme Lord’ Invest in Next?
Of course, now everyone wants to know what the ‘Meme Lord’ will invest in next. There are 100s of influencers out there that would give anything to have this kind of success on their record yet no one knows who this person is.
There is a way you can track an investor’s moves but it is quite complicated and involves purchasing a Nansen subscription. From here you will only be able to see what coins an investor is actually holding, not anything already sold. However by searching for two tokens, we know the meme coin is still holding, PEPE and $RFD you will be able to see the investors that hold both these tokens.
From there, you will be able to examine how much they have already earned, and as this information for the ‘Meme Lord’ has been broken down by ‘The Data Nerd’ we will be able to locate his account. We understand this is a very complicated method and requires constant attention or you will lose the trail. There is a simpler way to do this and that is to look at what he has already invested in and apply that knowledge yourself to the meme coin market.
We know that in 2021 they invested in Shiba Inu (SHIB) and got out a little earlier than May but still made 22x profit. Then in 2022 came their biggest win with Dejitaru Tsuka (TSUKA), they saw an amazing x1000 return on their original investment here. Most recently, they saw 15x profit on their original PEPE investment however, what is interesting here is they still have 14 Billion tokens in their wallet.
So, their tactic seems to be getting to a meme coin early and cashing out before it loses its value. So, if we are to apply that logic to the market now, which of the best meme coins looks like it has the potential to replicate PEPE and pump in the near future? There is a clear answer.
Wall Street Memes is Next for Meme Lord To Outperform Shiba Inu
The ‘Meme Lord’ must be licking their lips when they look at the presale of Wall Street Memes ($WSM). The main tactic that stands out from their trading is finding meme coins before their peak. Wall Street Meems is currently going through one of the most successful presales the market has seen so you can’t ask for more potential.
The presale has already surpassed $5 million raised despite still not even being 2 weeks old. There are 20 stages, however, so plenty of time to get involved so we wonder if the ‘Meme Lord’ is waiting to see how it develops before pouncing. One thing for sure is now that they have gone viral you can be sure a lot of crypto sleuths will be following their moves so getting in before they do could be the only chance an investor has for value.
This applies double for Wall Street Memes due to their huge online following. Over 1 million follow their platform across social media channels and these include accounts with a lot of pull in the crypto community. Cameron Fous, the famous crypto Youtuber, and Magic Eden, the massive NFT trading platform are just two worth mentioning because if they start to talk about the presale it will be already too late for those that haven’t invested.
All three of the ‘Meme Lord’s’ success stories came because he invested in a project right before a big community movement. PEPE has been the latest and greatest version of that but $WSM could not only emulate that but surpass it. The huge following they already have will help but there is also a White Whale for the meme coin.
Elon Musk, the owner and most followed account on Twitter is a noted fan of the Wall Street Memes Twitter account. He has interacted positively twice with their posts. Crypto lovers know he can make a project simply by liking a tweet so the potential Wall Street Memes has is always high as the coin updates will likely reach Musk.
Lastly, we do not know how the ‘Meme Lord’ decides what coins to invest in but one way could be AI and specifically Google’s new Chatbot, Bard. Unlike ChatGPT it gives crypto predictions without restrictions and it has high hopes for $WSM. It predicted a 352% gain from its original presale price, so if the ‘Meme Lord’ saw this we are sure they are going to get involved in the presale.
It can be fulfilling to find an investor like the ‘Meme Lord’ because it validates what we are doing here. They apply a lot of common sense to their investment but also show us that meme coins are where we can make some real money. The main tactic of this investor was finding meme coins before they pump and we can’t think of a better example of that right now than Wall Street Memes.