Diversification doesn't work? NFT-Influencer who earned or lost money with Memecoins

Diversification doesn't work? NFT-Influencer who earned or lost money with Memecoins

Kluge investors and NFT influencers used the recent hype to achieve solid gains as an opportunity. However, most who made money with such investments only had to do with Pepe Coin (Pepe), while those who were not so successful with more than one diversified

Despite the latest price fluctuations, the currently trendy Memecoin is still fascinating for cryptoval and NFT dealers. Certain users have sold a digital art part of the Bored Ape Yacht Collection (BayC) below the minimum price to acquire Pepe.

Betting on Memecoins could be difficult

Lookonchain recently revealed as far out of eight NFT influencers fared when they invested in popular memo, Genslr, KEK and turbo. Two of them who listen to the names "vince_van_dough" and "ohhshiny" earned money by dealing exclusively with the digital asset inspired by the frog.

ETH spent $ 167,000 to buy 96 billion PEPE and later sold stock for $ 174,000. "Ohhshiny" was even more lucky and bought 700 billion Pepe for 326 ETH ($ 610,000). Then they separated for almost $ 1 million of 479b Pepe and kept the remaining amount.

"Zeneca" in turn earned $ 14,000 after investing in Turbo-a AI-related memo coin whose price and market capitalization reached its peak at the beginning of the month.

On the other hand, the NFT influencers "Colethereum", "Dingalings" and "Boredgenius" after diversification with numerous assets recorded some losses. "Colethereum" invested in more than a dozen memoins and lost a total of $ 3,365.

"Dingalings" gave up about $ 16,000, while "Boredgenius" lost over $ 7,000.

Pepe is still a trend

The Memecoin introduced in mid-April quickly gained drive and has developed into one of the most powerful crypto currencies in the past few weeks. The enthusiasm for this was so great that its market capitalization exceeded $ 1.6 billion (coinmarketcap data), while some investors made Spectacular gains from his almost everyday ATHS.

However, the price of the token has broken in for the past seven days, which indicates that the hype is over. Certain cryptocale did not support this thesis and continued to piling up.

A user who previously earned $ 2.2 million with Memecoin issued True"> The repurchase of Pepe. Other exchanged Almost 400,000 APE for almost 750 million Pepe.

as cryptocolate potato reported the daily trade volume of the financial value remained in the memo coin for over a week Unsurpassed. Yesterday's figures showed that the 24-hour volume of PEPE exceeded $ 350 million, while Doge took second place with $ 214 million. Today's figures also speak for the frog theme coinies with a lower lead.

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