Crash is an anonymous meme coin trader and perhaps the most famous in the world.
- He broke out into broader crypto awareness with a trade, all recorded on chain, that turned $15k into ~$7m trading Brett.
- Yesterday, he released a YouTube video stating that he thought Tron Bull would produce good results too -- maybe 100x. It's already done 30x.
Below is a chart of what the coin did in the hour after the video's release (it's set to 15-minute candles).
Yes, it rocketed from $5m in market cap to $150m = 30x
As it's presently hovering around $160m, I'd expect that in a bull market, it could make another 10x from current values to become the #1 or #2 meme coin on TRON.
- That's another 10x trade
- And that means that Crash will have delivered on his statement: that Tron Bull is a coin with 100x potential.
The difficulty for anyone who learned about this matter too late is that these enormous returns are no longer possible. As soon as Crash announces a meme coin, it's too late.
Those are the two sides of The Crash Effect:
- Enormous gains for those who happened to trade in early with Crash
- Crumbs for the rest.
Now, it's unclear that Crash is going to call another meme coin this cycle. But it is possible to execute a similar strategy for other blockchains as it's not that complicated.
Step 1: find a blockchain that doesn't have a definitive "top meme coin" on it yet--or that has very few top meme coins.
- You don't need to find the top coin per chain, just one of the top coins.
- Toshi was first on Base, but Brett surpassed it eventually.
- Tron Bull is actually the #2 meme coin (at present) on Tron, though it might make a run at #1 soon.
- SOL has too many "top meme coins" for this strategy to work. So does ETH.
Step 2: find an L1 that is positioned to grow.
- Crash called the meme coin REDO for TON. He was interested in the TON blockchain after it started to make significant gains up the CoinMarketCap list coins.
- This point is key: wait until the L1 / L2 already has significant CoinMarketCap gaining momentum.
- TON now faces difficulties going forward, so this meme coin call is probably dead, so be aware that these trends can reverse quickly.
Step 3: ensure the blockchain is meme coin friendly.
- Tron is deliberately trying to copy the success of Solana. They even built a Pump.Fun rip-off site.
- Base went out of their way to make meme coin trading easy
- AVAX put together a $100m meme coin initiative.
- Linea (the MetaMask blockchain) has even quasi-sponsored a meme coin.
- Kaspa (KAS) would be an ideal L1 for groth, but it can't support meme coins technologically (and so is obviously not meme coin friendly).
Step 4: find a meme on that blockchain that will get some traction.
- Brett was Pepe's Friend (and blue, which matches Base's color). Pepe was already established.
- The Tron Bull was the official mascot of the blockchain and was constantly pumped by the team.
- You don't need to be perfect here, just good enough.
Step 5: find a small-cap project that won't rug.
- Crash likes to look at the $5m and below range.
- He then verifies the credentials of the project (often these projects are CTO'ed meaning that the dev team has already sold their position so that they can't dump on new people).
Once you've done that, place your bets and hold.
That's all there is to a Crash-styled meme coin trade.
Given the above, the best-positioned L1s to produce the next "Crash Coin" are AVAX, Linea, and SEI.
- AVAX has already millions devoted to promoting meme coins. I want to see Pump.Fun expand here.
- Linea is "unofficially" supporting a meme coin -- though the Linea coin has yet to drop.
- SEI might work ...?
TON is something of a turn-around play. It's the most obvious top choice, but I don't know if the coin is coming back.
But now you know the process: just follow steps 1 through 5.
Happy Trading!
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