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Premium Investor Report #313

Lark Davis April 12, 2024
2 Comments
Premium Investor Report #313

GM friends,

Bad news: It's been another eventful week in crypto that's left a lot of people unsure of what's to come.

Good news: It's time for another Premium Investor Report.

Let's go!

Here's what's in today's issue:

  • My portfolio updates.
  • Jesse has a deep dive on Axelar - The future of cross-chain messaging.
  • Sam has the top 3 NFT drops.

For any crypto related questions please comment on the website. 

Buys and Sells 

I added some more JUP this week. I am thinking that might be enough now. If I got this one right and the upside goes as high as I think then this will be a very profitable trade. 

In a major escalation of memecoin and BASE exposure I have done two major updates this week. 

The first is I bought a truck load of BRETT via an OTC deal with the team.

The thesis here is simple. Brett is the biggest memecoin on BASE. The whole ecosystem is still under valued. This being the biggest meme could go to tens of billions. Whether I hold that long remains to be seen. But, it definitely is worth throwing some cash into. 

The second is a dramatic increase in exposure to BENJI, a much lower market cap meme coin on base.

I started buying Benji for the 10k to 100k challenge, and then decided to add some to my personal portfolio.

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Responses

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  1. hello28 April 16, 2024

    Hey Lark, just joined premium today. I was wondering how you go about trading meme coins when they’re so volatile? Can you do buy/stop orders with newer meme coins?

    Is Brett one of those you can do a buy stop or are you spot trading?

    Would love to be pointed in the direction of more info on how to trade in such a volatile space.

    Cheers,
    KB