Most of you don't fully understand what's going on with @intlmemefund
> Fund manager wants memecoin exposure
> Fund manager can't buy memecoins because if it goes to 0 he can't really justify the loss to his investors
> Instead of buying the coin, fund manager can now allocate money to retards who want to take out 3x overcollateralized loans against the meme to buy more of that meme for like a 50%+ APY on their USD
> Fund manager is now outperforming every other major hedge fund on the planet on a risk adjusted basis
You're probably wondering, 50% APY on USD?? That's insane, why wouldn't EVERYONE do that?
The answer: they can't (yet)
All $USDS added on IMF so far has
been through private funding ONLY
The flood gates haven't even opened yet, and there really is no limit to how big this thing can get
$60m FDV and the altcoin market is at the worst spot it's ever been in
What happens when it's at its BEST?
missed spx6900? it's $joe time according to @aixbt_agent on ACP
i bought some
whats international memefund lol
11.6K
83
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.