The post McCann’s Meme Street Revolutionizes Meme Coin Investing. $MEMEX Likely to 100x as a Result. appeared on BitcoinEthereumNews.com.

Joe McCann, a hedge fund founder with experience of more than 25 years, has been up to some interesting research as far as meme coin investing is concerned. His flagship fund, called the Technology Master Fund, is ranked third in the world in terms of 12-month cumulative returns. This is as of March 2024. When the world was jumping into trending meme coins, McCann developed a pretty unique method of catching the bull by its horns. He merged the traditional Wall Street methods of mitigating risk and the frenzy of the meme market to build a new ‘Meme Street’ investing ethos. McCann believes that one of the key skills of a trader is to stay as unemotional as possible, especially when the markets are tanking. If not, it can lead to very poor trading decisions. Plus, seeing as the memecoin market is filled to the brim with euphoria, it can be very difficult for investors to get a hold of their thoughts. This is where a more risk-measured and systemic approach like Meme Street comes in handy. What Are the Rules of Meme Street? The biggest difficulty in trading meme coins for institutional investors is liquidity. That’s why McCann only takes large exposure in blue-chip meme coins. These are the biggest cryptocurrencies that have maintained over $1B market cap mark for at least 90 days. Another rule of Meme Street is to limit the exposure of the entire fund to just 2% for coins that are not a part of the top 20% of the total crypto market cap. Once these ground rules have been established, McCann goes on to analyze the best meme coins just as any other asset class using technical analysis and data. McCann’s $BONK Trade In 2023, McCann observed that stablecoin funds were flowing from Ethereum…

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Filed under: News - @ February 22, 2025 3:20 pm