From Meme Coins to Major Moves: NYU Students Journey from PEPE and BOME to BlockDAG
In the spring of 2023, Ethan and Maya, two students from New York University, began exploring the crypto space. Initially, they each put $2,000 into Pepe (PEPE) and later an additional $2,000 into Book of Meme (BOME), hoping for fast profits. However, after a rollercoaster of highs and lows with these meme-based cryptocurrencies, theyve now shifted their focus.
They see BlockDAG (BDAG) as a potentially more stable and lasting option for their crypto endeavors. Heres a breakdown of their experience with these cryptocurrencies and their reasons for moving to BlockDAG for more reliable returns.
Initial Attraction: Quick Gains from PEPE
Ethan and Mayas crypto journey kicked off with an initial $2,000 investment each in PEPE in April 2023, when its price was about $0.0000012. The timing was spot-on as the tokens value quickly spiked by over 300% amid the meme coin craze, ballooning their investment to about $6,000 each within a week.
Despite PEPEs known volatility, its price fluctuated dramatically. By Junes end, their investments had dwindled to $3,500 each, still marking a 75% return on their initial investment. They chose to keep their PEPE, seeing it as a possible future win if the meme coin buzz returned. Yet, the instability made them rethink the sustainability of such assets, prompting them to look elsewhere.
Broadening Their Portfolio: BOMEs Rise and Fall
In early 2024, inspired by their initial success with PEPE, Ethan and Maya diversified by adding another meme coin, BOME (Book of Meme), to their collection, investing another $2,000 each. They bought in at $0.0078 per token, hopeful for a repeat of their PEPE success.
Their hopes were met when BOMEs value peaked at $0.02689 in March 2024, turning their $2,000 into about $6,900 each, a 245% return on investment. However, BOMEs value didnt hold, and by November 2024, it had receded to around $0.0094. Their investments were still up, now worth $2,410 eacha modest 20.5% gain. This realization of BOMEs limited stability prompted them to seek a more secure option.
Choosing Stability: Why BlockDAG?
After feeling the volatility of meme coins, Ethan and Maya reconsidered their strategy. They wanted a crypto not just fueled by hype but built on practical technology for sustained growth. Their research led them to BlockDAG (BDAG), which intrigued them with its blend of blockchain and Directed Acyclic Graph (DAG) technologies, priced attractively at $0.0234 per coin.
Impressed by BlockDAGs innovative approach to scaling through a high-speed, decentralized transaction model, they saw BDAG as potentially more than a fleeting trend. BlockDAGs successful presale, raising over $122 million and selling 15.3 billion coins, evidenced substantial interest from the community.
Long-Term Strategy: Putting $3,000 Each in BlockDAG
Convinced of its potential, Ethan and Maya sold some PEPE and BOME to buy into BlockDAG, putting $3,000 each. This got them around 136,364 BDAG coins each, priced at $0.0234. They saw this as a wise move for future steady growth.
They are excited about BDAGs upcoming mainnet development and its test phase, seeing these steps as key to scaling user adoption and expanding capabilities. The projects focus on utility, including Ethereum Virtual Machine (EVM) compatibility and user-friendly smart contract options, could sustain demand for BDAG.
A New Direction with BlockDAG
Their shift from quick thrills with meme coins to a strategic focus on BlockDAG marks a significant turn in Ethan and Mayas crypto approach. While theyve seen some gains from PEPE and BOME, BlockDAGs robust technology base and community support present a path to more balanced and sustained growth. Looking ahead, they are optimistic about BDAGs alignment with their long-term goals.
With PEPE and BOME still in their portfolio, they now look forward to potential stable growth with BDAG. For these two NYU scholars, BlockDAG represents not just a new step but a new chapter in their crypto journey, promising rewards for patience and strategic decisions rather than chasing hype.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Text source: TronWeekly
