‘The Dogecoin Explosion Made Something Click In Me:’ Veteran Trader Shares Secrets To Turning Pennies Into Millions With Meme Coins

Meme
coins,
with
their
wild
price
swings
and
internet-fueled
frenzy,
have
become
a
land
of
opportunity
for
some
cryptocurrency
traders.

Millionaire
trader

Unipcs,
also
known
as
the
‘Bonk
Guy‘,
is
a
shining
example,
having
amassed
significant
wealth
by
riding
the
surges
of
these
digital
assets.

In
an
interview
with
Benzinga,
Bonk
Guy
offered
a
rare
glimpse
into
his
strategies
and
insights
on
the
meme
coin
market,
shedding
light
on
the
world
of
high-risk,
high-reward
crypto
investing.

Early
Recognition
And
Pattern
Hunting

His
foray
into
meme
coins
predates
the
rise
of
popular
names
like
Bonk
and
Wif.
“I’ve
been
trading
meme
coins
for
a
very
long
time,”
he
says,
“and
prior
to

Bonk
(CRYPTO:
BONK)
and

Wif
(CRYPTO:
WIF)
existing.”

He
credits
the
2021

Dogecoin
(CRYPTO:
DOGE)
surge
and
the
retail
investor
movement
on

WallStreetBets
for
sparking
his
interest.

“Seeing
all
the
retail
buzz
around
the

GME
(CRYPTO:
GME)
short
squeeze,
the
WSB
memecoin
mania,
and
the
resulting
Dogecoin
explosion
made
something
click
in
me,”
Bonk
Guy
explains.

He
soon
noticed
a
pattern
with
meme
coins
and
was
able
to
predict
which
ones
were
likely
to
explode,
allowing
him
to
invest
strategically.

The
Power
Of
Community
And
Liquidity

Bonk
Guy
emphasizes
the
crucial
role
strong
community
backing
plays
in
a
meme
coin’s
success.
“I
make
sure
there
is
a
strong
community
because
meme
coins
thrive
on
strong
community,”
he
states.

He
thrives
on
projects
with
“retarded
cult-like
believers
who
think
their
meme
coins
will
flip

Bitcoin
(CRYPTO:
BTC),
go
to
100
billion
dollars
market
cap,
and
cure
world
hunger,”
he
says
with
a
touch
of
amusement.

“The
more
irrational
their
passion
for
their
meme
coins,
the
better,”
he
adds.

According
to
Unipics,
this
fervent
loyalty
is
crucial
for
propelling
a
meme
coin
towards
significant
price
increases.

Liquidity
is
another
key
factor.

While
meme
coins
offer
the
potential
for
explosive
growth,
they
require
sufficient
trading
volume
to
be
readily
convertible
into
cash.

“Eventually,
for
any
meme
coin
to
go
mainstream
it
needs
liquidity,”
Unipics
explains.
“So,
I
also
pay
attention
to
volume
and
CEX
listings
over
time.”

The
Bonk
Bet:
A
Case
Study
In
Meme
Coin
Mania

Unipics’
sizable
investment
in
Bonk,
a

Solana
(CRYPTO:
SOL)
based
meme
coin,
serves
as
a
prime
example
of
his
approach.

While
initially
skeptical,
he
was
swayed
by
a
combination
of
factors:
the
influence
of
a
respected
crypto
analyst,
Bonk’s
status
as
the
leading
meme
coin
on
Solana,
and
the
potential
for
Solana’s
own
price
appreciation.

Diamond
Hands:
Riding
The
Rollercoaster

Meme
coin
trading
is
a
wild
ride,
and
Unipics
acknowledges
the
emotional
toll
it
can
take.

He
advocates
for
a
“moon
or
bust”
mentality,
where
investors
write
off
their
holdings
and
focus
solely
on
reaching
their
target
profit
or
accepting
a
complete
loss.

“Once
I
buy
an
asset,
I
just
write
it
off
in
my
mind,”
he
explains.

“I’m
not
moved
or
fazed
if
it
goes
to
zero.
I
simply
give
myself
a
target
and
hold
until
it
reaches
my
target
or
goes
to
zero.
Nothing
else
matters.”

This
approach,
he
argues,
allows
for
a
more
detached
and
less
stressful
trading
experience.

Also
Read:
Before
You
Trust
Another
Crypto
Guru,
Read
This
Study’s
Results

Looking
Ahead:
Bonk,
Floki,
And
Beyond

Bonk
Guy
remains
bullish
on
Bonk,
citing
its
association
with
Solana
and
the
potential
for
further
growth.

“I’m
obviously
very
bullish
on
Bonk
for
reasons
I
already
listed,”
he
says.

“I’m
the
‘bonk
guy’
for
a
reason.”

He
also
highlights

Floki
(CRYPTO:
FLOKI),
another
meme
coin
with
a
strong
track
record,
as
an
underrated
gem.

“Besides
Bonk,
I’m
very
excited
about
Floki,”
he
reveals.
“It
is
my
biggest
memecoin
bag,
and
I
think
it
is
currently
the
most
underrated
major
memecoin.

While
Floki
launched
in
2021,
it
has
outperformed
every
other
major
memecoin
including

PEPE
(CRYPTO:
PEPE),

Shiba
Inu
(CRYPTO:
SHIB),
DOGE,
except
WIF,
this
year.

“Yet
barely
anyone
talks
about
it
on
CT
[Crypto
Twitter].
I
think
it
will
surprise
many
this
year,”
he
predicts.

He
also
expressed
interest
in
smaller
cap
meme
coins
like

Lmeow
on

Ethereum
(CRYPTO:
ETH)
and

Linda
on

Linea
chain.

For
those
looking
to
make
substantial
profits
from
meme
coins,
he
advises
paying
attention
to
his
previous
strategies
and
maintaining
a
strong,
patient
mindset.

Read
Next:
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Traders
As
Socially
Valuable
As
Escorts
To
Brits,
Study
Finds

Image
created
using
artificial
intelligence
with
Midjourney.