Basecat on Coinbase.

[JamesDaniel90]

Anyone else into this meme?

I bought some yesterday at $12m market cap and it’s up 30% so far , very volatile I know but I think anything around $10m market cap is worth a small investment.

Hoping it has a decent pump next few months to $100m market cap so I can cash out and use the profit to buy some top alts.

I like that it’s on Coinbase so easy for everyone to invest in and to then hopefully see a decent pump at some point.

[jossiel]

I am no longer into meme but you seem to be very active trying to spot on those early and lower cap ones.

You can do whatever you want when you're trading and that's your money to invest and trade with.

But if you have seen that you're already in profit, don't miss out taking yours because you don't want to regret to invest into these random memes anymore when some of its big whales start to cash out.

[JamesDaniel90]

I am no longer into meme but you seem to be very active trying to spot on those early and lower cap ones.

You can do whatever you want when you're trading and that's your money to invest and trade with.

But if you have seen that you're already in profit, don't miss out taking yours because you don't want to regret to invest into these random memes anymore when some of its big whales start to cash out.

Yeah I like to look for those small caps. I’ve seen altcoins with $1b market cap double in price in less than a week so ones like this with only $10m market cap can pump a lot more and I just try to find them before they do.

I’m buying and holding till at least 200% return, it hasn’t pumped yet so will just continue to hold and buy a bit more soon long as it stays around current level.

It’s a risk but you have to take risk to make good money in this space and it’s only with a small amount. The aim is to try make a return to then put profit into top altcoins that I plan to hold for longer.

[Charles-Tim]

I am no longer into meme but you seem to be very active trying to spot on those early and lower cap ones.

But since the coin was launched, it has risen over 10 times before falling so significantly. Maybe the coins can still increase, I am not sure as there are millions of coins now. But it is not bad if JamesDaniel90 use very small amount that he can afford to lose to invest on the coin. Maybe the coin can grow in the next bull run before falling massively more than the price is it today.

[JamesDaniel90]

I am no longer into meme but you seem to be very active trying to spot on those early and lower cap ones.

But since the coin was launched, it has risen over 10 times before falling so significantly. Maybe the coins can still increase, I am not sure as there are millions of coins now. But it is not bad if JamesDaniel90 use very small amount that he can afford to lose to invest on the coin. Maybe the coin can grow in the next bull run before falling massively more than the price is it today.

It did pump 10 times but has now pulled back over 80% back to the lows which is why i feel it could be a good time to buy a small bag and see if it can maybe 5x again at least to give me some profits to then invest into much safer altcoins.

[jossiel]

Yeah I like to look for those small caps. I’ve seen altcoins with $1b market cap double in price in less than a week so ones like this with only $10m market cap can pump a lot more and I just try to find them before they do.

I’m buying and holding till at least 200% return, it hasn’t pumped yet so will just continue to hold and buy a bit more soon long as it stays around current level.

It’s a risk but you have to take risk to make good money in this space and it’s only with a small amount. The aim is to try make a return to then put profit into top altcoins that I plan to hold for longer.

I wish you good luck with that, I hope that it will ever you reach 200% gains. Because if that's me, as long as it's profit I'd take my capital and let the profit run for itself.

I am no longer into meme but you seem to be very active trying to spot on those early and lower cap ones.

But since the coin was launched, it has risen over 10 times before falling so significantly. Maybe the coins can still increase, I am not sure as there are millions of coins now. But it is not bad if JamesDaniel90 use very small amount that he can afford to lose to invest on the coin. Maybe the coin can grow in the next bull run before falling massively more than the price is it today.

There's always that possibility that it can increase more than that it did recently. Speaking on my experience with these meme coins, I've got a trauma already and that's why I want him to profit when he's able to and don't have to wait further for his actual target.

[$crypto$]

It did pump 10 times but has now pulled back over 80% back to the lows which is why i feel it could be a good time to buy a small bag and see if it can maybe 5x again at least to give me some profits to then invest into much safer altcoins.

With the announcement of the roadmap not even making this token move up, the concept is actually not too bad, it's just that often memecoin has uses like this on average.

I know you often take high risks in memecoin, but have you before the 10x increase already entered? I think reaching 100m capitalists is too much if it can only rely on hype from high influential people.

[JamesDaniel90]

It did pump 10 times but has now pulled back over 80% back to the lows which is why i feel it could be a good time to buy a small bag and see if it can maybe 5x again at least to give me some profits to then invest into much safer altcoins.

With the announcement of the roadmap not even making this token move up, the concept is actually not too bad, it's just that often memecoin has uses like this on average.

I know you often take high risks in memecoin, but have you before the 10x increase already entered? I think reaching 100m capitalists is too much if it can only rely on hype from high influential people.

I have hit a few that have given me 10x returns in the past, one did 25x so i have seen before how quick small cap coins can pump.

It really wont take much for it to reach $100m market cap, no guarantee it will but if it gets some hype, it will move quick.

[asriloni]

I have seen basecat's chart, and it seems already bottomed. 10m cap seems worthy to invest consider it's already listed on coinbase. However, i see nothing special from its roadmap, and the pump may come only when we will enter the meme meta again in the next cycle.

Nevertheless, it's possiblt to go higher as long as the dev behind this meme is also pro actively cashing more site to listing its token. Honestly, if this token can reach Upbit, 100m mcap seems possible.

We had Toshi who peaked at 1b FDV after it's listed in all of major exchanges. So basecat has to do the same to repeat Toshi's success.

Its developers is the key to bring the hype.

[JamesDaniel90]

I have seen basecat's chart, and it seems already bottomed. 10m cap seems worthy to invest consider it's already listed on coinbase. However, i see nothing special from its roadmap, and the pump may come only when we will enter the meme meta again in the next cycle.

Nevertheless, it's possiblt to go higher as long as the dev behind this meme is also pro actively cashing more site to listing its token. Honestly, if this token can reach Upbit, 100m mcap seems possible.

We had Toshi who peaked at 1b FDV after it's listed in all of major exchanges. So basecat has to do the same to repeat Toshi's success.

Its developers is the key to bring the hype.

The time to get in is around now near the bottom. It is currently $14m market cap and yeah it could go back down to $10m or below but it could also pump 100% in a very quick time so for now I’m happy buying around $15m.

Its not a big amount I’m investing, maybe if I just buy $100 of it total for example and I see it 10x , that’s $1000 I can then put into a safer altcoin that can give me a 3-4x and compound the returns that way.

Meme coins are risky but they are also very fun when they get some hype and you see very quick pumps of 100% or more in very short time.

[Slow death]

In the case of this altcoin, it appears to have been listed on Coinbase on August 24th of this year. On CoinMarketCap, the chart data begins on August 17th, making it a very recent altcoin. Consequently, it could be subject to some form of "pump and dump" scheme affecting both volume and price as often happens with many tokens when they are first launched on exchanges. If we were discussing a long-standing project that is currently undervalued characterized by low trading volume and a very low price I would say you made a good deal (though it would be more akin to gambling than a safe investment).

Take this as an example:



source: https://coinmarketcap.com/currencies/basecat/

In August, the price rose from $0.01 to $0.04 a 4x increase only to fall back to $0.01 a few days later. Shortly after, it climbed from $0.01 to $0.07 a 7x increase but was followed by a decline. Those who bought in early have likely already made significant profits and abandoned the project. New people may come along, believing the price will soar in the future, but that could well be an illusion. Since this type of project primarily benefits those who invest in the very early stages before the token is listed on major exchanges my view is that you could end up waiting a long time without seeing any real gains from this token. I hope I’m wrong.