Why I Think $MICRO / MicroPad Will be BIG (a thread)...
1/ MicroPad is a launchpad for meme coins and micro cap projects.
This thread explains why I decided to invest in $MICRO and the potential I think it has.
1/ MicroPad is a launchpad for meme coins and micro cap projects.
This thread explains why I decided to invest in $MICRO and the potential I think it has.
2/ A few facts:
- MicroPad is an anonymous project so it& #39;s high risk, high reward.
- That said, they had a fair launch (raising 50 ETH on SAFU).
- 80% of raise was added to liquidity and locked for 5 months.
- I& #39;m not a financial advisor.
With that out of the way, the thread:
- MicroPad is an anonymous project so it& #39;s high risk, high reward.
- That said, they had a fair launch (raising 50 ETH on SAFU).
- 80% of raise was added to liquidity and locked for 5 months.
- I& #39;m not a financial advisor.
With that out of the way, the thread:
3/ Launchpads have been hot for a while now and the market is clearly saturated with them.
However, it& #39;s hard to find launchpads for meme projects.
$MICRO aims to fill this gap by being the first launchpad for meme coins and micro caps on ETH.
However, it& #39;s hard to find launchpads for meme projects.
$MICRO aims to fill this gap by being the first launchpad for meme coins and micro caps on ETH.
4/ The need for a meme launchpad might not seem like a big deal, but just digest these facts:
- The biggest meme coin right now, $DOGE, has a market cap of $40 billion.
- Other much smaller meme coins like #SAFEMOON and $SHIB have market caps in excess of $1 billion.
- The biggest meme coin right now, $DOGE, has a market cap of $40 billion.
- Other much smaller meme coins like #SAFEMOON and $SHIB have market caps in excess of $1 billion.
- Dozens of new entrants to the meme coin frenzy have rocketed to tens/hundreds of millions in market cap in days/weeks.
- These include $AKITA, $HOKK, $ELON, $KISHU, etc.
- These include $AKITA, $HOKK, $ELON, $KISHU, etc.
5/ Contrary to what many think, the demand for meme coins is NOT ending anytime soon.
In other words, meme season ISN& #39;T over yet, thanks to $DOGE CEO and meme coin godfather Elon Musk renewing interest in them when most people thought the hype is done.
In other words, meme season ISN& #39;T over yet, thanks to $DOGE CEO and meme coin godfather Elon Musk renewing interest in them when most people thought the hype is done.
6/ Just recently, it was announced that Elon Musk will be partnering with Miley Cyrus to host SNL on May 8.
Without wasting time, Musk tweeted the following: https://twitter.com/elonmusk/status/1387290679794089986">https://twitter.com/elonmusk/...
Without wasting time, Musk tweeted the following: https://twitter.com/elonmusk/status/1387290679794089986">https://twitter.com/elonmusk/...
7/ In other words, before even starting, Musk& #39;s SNL feature is already seeming like a huge advertisement for $DOGE and meme coins as a result.
It goes without saying that there will be another meme coin rally leading to this event and possibly after.
It goes without saying that there will be another meme coin rally leading to this event and possibly after.
8/ So how does this affect $MICRO?
Well, anybody who has touched more than a couple of meme coins know how it goes for most:
You get in and get rugged mins later (hours if you& #39;re lucky).
MicroPad claims that it will solve this problem.
Well, anybody who has touched more than a couple of meme coins know how it goes for most:
You get in and get rugged mins later (hours if you& #39;re lucky).
MicroPad claims that it will solve this problem.
9/ With it being clear that meme coins aren& #39;t going away anytime soon, if MicroPad could help create a much safer environment for people who want to invest in meme coins (and there will be another pretty bigmeme coin rally soon), it will be big.
10/ $MICRO also has VERY strong tokenomics:
- There will never be more than 10 million tokens.
- Users will be required to stake to get allocations in incubated projects.
- Projects launching on $MICRO have to purchase tokens to be listed -- and these tokens will be burned.
- There will never be more than 10 million tokens.
- Users will be required to stake to get allocations in incubated projects.
- Projects launching on $MICRO have to purchase tokens to be listed -- and these tokens will be burned.
11/ So basically, we& #39;re looking at a meme coin launchpad with about $2 million market cap (at the time of writing this), whereas lots of arbitrary meme coins with zero use case have market caps in excess of $50 - $100+ million.
12/ Market cap for some of the top (recently created) meme coins right now:
- $SHIB = $1 billion+
- $ELON = $300 million
- $AKITA = $100 million+
- $HOKK = $60 million+
I can go ahead and list more, but it& #39;s crazy to think $MICRO would be a small cap project for long!
- $SHIB = $1 billion+
- $ELON = $300 million
- $AKITA = $100 million+
- $HOKK = $60 million+
I can go ahead and list more, but it& #39;s crazy to think $MICRO would be a small cap project for long!
13/ I will restate earlier warnings:
- This is an anonymous project.
- This is an unaudited project (to my knowledge).
- It could rug and you can lose all your money.
That said, I& #39;m personally invested in this (I got in at $.18, $.15, and $.20) so if it rugs I lose.
- This is an anonymous project.
- This is an unaudited project (to my knowledge).
- It could rug and you can lose all your money.
That said, I& #39;m personally invested in this (I got in at $.18, $.15, and $.20) so if it rugs I lose.
13/ (contd)
- I& #39;m not being paid to write this (nor have I ever been paid to shill a project -- I& #39;d mention this fact if that& #39;s the case, believe me!)
- If anything, the admins have yet to respond to my TG request for info for this thread.
- I& #39;m not being paid to write this (nor have I ever been paid to shill a project -- I& #39;d mention this fact if that& #39;s the case, believe me!)
- If anything, the admins have yet to respond to my TG request for info for this thread.
14/ In essence, based on the concept, first mover& #39;s advantage (launchpad for memes!) and pretty strong tokenomics, I think $MICRO will be BIG!
That said, it& #39;s again high risk, high reward due to team anonymity and lack of an audit -- but the launch is fair and liquidity locked.
That said, it& #39;s again high risk, high reward due to team anonymity and lack of an audit -- but the launch is fair and liquidity locked.
15/ You can find out more info about $MICRO through the following links:
Website: https://www.micropad.finance/
TG:">https://www.micropad.finance/">... https://t.me/micropadcommunity
Twitter:">https://t.me/micropadc... https://twitter.com/MicroLaunchpad
Chart:">https://twitter.com/MicroLaun... https://www.dextools.io/app/uniswap/pair-explorer/0x02c377495eb6b063f15827fcc79bd65e744438f2">https://www.dextools.io/app/unisw...
Website: https://www.micropad.finance/
TG:">https://www.micropad.finance/">... https://t.me/micropadcommunity
Twitter:">https://t.me/micropadc... https://twitter.com/MicroLaunchpad
Chart:">https://twitter.com/MicroLaun... https://www.dextools.io/app/uniswap/pair-explorer/0x02c377495eb6b063f15827fcc79bd65e744438f2">https://www.dextools.io/app/unisw...