Explore my portfolio. Follow to see how I invest! 📊 Quick portfolio analysis
1. Relative weight and diversification
• High market cap cryptocurrencies: Bitcoin (BTC) and XRP dominate in value, offering relative stability. BTC is above $105,000, while XRP is positive around $2.17.
• Meme-coins: DOGE (~$0.17), PEPE (~$0.00000000098), SHIB (~$0.0000117), FLOKI (~$0.000075), BONK (~$0.000014). High volatility and movement driven by hype/social media.
2. Current performance
• All memecoins show minimal daily variations (±0.5–1%), typical in a sideways market phase.
• FLOKI, for example, is stable around $0.000075 with moderate weekly volumes and fluctuations.
3. Risks and opportunities
• High risk: meme-coins lack real utility (except for some like FLOKI, which has a gaming/DeFi ecosystem, and SHIB with Shibarium and ShibaSwap).
• High concentration: strong exposure to meme-coins can lead to wide portfolio swings.
• Diversification: holding BTC/XRP balances the risk against more speculative tokens.
4. Suggested strategy
• Consider consolidating some of the meme-coins with utility (e.g., SHIB or FLOKI) and consider staking or using them in NFT or DeFi ecosystems if you are willing to manage fees and risks.
• Maintain a portion of BTC/XRP to reduce overall volatility.
• Stay updated on market trends and specific news: memecoins are particularly sensitive to hype and listings on exchanges.