Consider the high-conviction memecoin Grippy (GRIPPY) on the Base network, which has a strong narrative tied to the artist of Pepe and a near-term market cap target of $5M to $10M. Another key opportunity is Army (ARMY) on Solana, a community-driven project with a trusted developer that is targeting a $10M market cap. For the established token Astar (ASTR), a patient approach is recommended due to its recent price surge. A potential long-term entry point for ASTR is between $1.00 and $1.20, with a bull market price target of $10 to $20. The current quiet market is an ideal time to research these conviction plays before a potential market acceleration in Q4.

Grippy (GRIPPY)

• This is presented as one of the host's top conviction plays and a piece of "early alpha."
• Chain: Base
• Narrative: It is part of the Matt Fury universe, who is the original artist of Pepe. The host believes this narrative is very powerful and has led to other tokens reaching hundreds of millions in market cap.
• Team: The host states he has worked with the team before and can "guarantee" they are legit and trustworthy. He also notes the team is very active on social media, which is a good sign.
• Market Cap & Potential: At the time of the stream, the market cap was $1.4 million. The host believes it could "easily go to the 5 to 10 million range soon."
• Tokenomics: The host views the token allocation for team and marketing as a bullish sign. He argues that having a budget allows the team to pay for marketing, influencers (KOLs), and potential exchange listings, which is what ultimately helps a token's price increase.

Takeaways

• Grippy is presented as a high-conviction, long-term hold memecoin on the Base network, not a short-term trade.
• The investment thesis is based on three main pillars:
  • The strong Matt Fury / Pepe narrative.
  • A trusted and active team with a marketing budget.
  • A relatively low market cap with potential for significant growth (mentioned target of $5M - $10M).
• Investors interested in this play would need to use a wallet compatible with the Base network (like Coinbase Wallet or MetaMask) and a trading bot like Lab, which the host recommends for Base tokens.

Army (ARMY)

• This is described as one of the host's heaviest memecoin positions in its market cap range.
• Chain: Solana
• Developer: The developer, known as JSP, is described as a "very trustworthy person" and a personal friend of the host. This trust in the developer is a core part of the investment thesis.
• Narrative: The theme is an "army of frogs sick of rugs." It's positioned as a community-driven project for investors who want to hold for the long term without fear of being scammed by the developers.
• Community: The host highlights the community as being very strong, organic, and active in organizing Twitter Spaces and "raids" (coordinated social media engagement), which he sees as a very bullish indicator.
• Chart Analysis: The token reached a previous all-time high of $5 million market cap and has since pulled back. The host notes it has bounced off a key support level and is getting ready for its "next leg up," with a potential target of $10 million and higher.
• The host mentioned a dip during the livestream as a potential buying opportunity for those with long-term conviction.

Takeaways

• Army is presented as a community-focused, long-term conviction play on Solana.
• The primary reasons for the bullish outlook are the trustworthy developer (JSP) and the highly engaged, organic community.
• The "anti-rug" narrative may appeal to investors tired of scams in the memecoin space.
• The technical chart is viewed as being at an attractive entry point after bouncing from a key support level, with a potential price target of $10 million market cap.

Astar (ASTR)

• This was discussed in response to a viewer question. The host admits he "faded" (missed) the initial massive pump.
• Sentiment: Bearish in the short-term, but bullish in the long-term.
• Short-Term Outlook: The host believes the token pumped too much, too fast (mentioning a 20x move) and is now "too risky to buy" at its current price. He expects a significant correction before it moves higher again.
• Long-Term Outlook: He is confident in its long-term potential, stating it will "probably go to $10, $20 at the peak of this bull market." He attributes this potential to the backing of influential figures like CZ (founder of Binance).
• Potential Entry Point: The host identifies his personal accumulation zone for ASTR as being between $1.00 and $1.20, suggesting investors should wait for a significant price drop.

Takeaways

• The opportunity for quick, massive gains in ASTR has likely passed for now.
• Entering a position at the current price is considered high-risk due to the likelihood of a price correction.
• A patient investor might wait for the price to pull back to the $1.00 - $1.20 range to build a long-term position.
• The long-term bull case remains intact, with potential targets of $10 - $20 in the next bull market peak.

Mentioned Portfolio Holdings

• The host briefly mentioned his largest, more established (non-memecoin) holdings to provide context on his overall portfolio.
• Layer 1 Blockchains:
  • Sui (SUI): His "biggest bag."
  • Sei (SEI): Holds a "big bag."
  • Kaspa (KAS): One of his main holds.
• High-Cap Memecoins:
  • Brett (BRETT)
  • Pepe (PEPE)

Takeaways

• These holdings represent the host's larger, potentially more stable investments in established projects within the top 100 cryptocurrencies.
• This indicates a strategy that balances high-risk, small-cap memecoin trades with larger positions in more fundamentally driven projects.

Memecoin Trading Strategy ("The Trenches")

• The host provided a framework for how he approaches trading highly speculative, low-cap memecoins.
• Distinguish Between Plays: It's critical to know the difference between:
  • Conviction Plays: Coins with a strong narrative/team that you can hold for days, weeks, or months (e.g., Grippy, Army).
  • "Trench" Trades: Purely speculative trades on new launches that may only last for a few seconds or minutes. 99% of these go to zero.
• Recommended Tools:
  • Axiom: The primary tool used for scanning, analyzing, and trading new memecoins on Solana.
  • Lab: A recommended trading bot for tokens on Base and Ethereum.
• Key Metrics to Check on Axiom:
  • Top 10 Holders: Avoid tokens where the top 10 wallets hold more than 25-30% of the supply, as this indicates high insider/team control.
  • Snipers: A high percentage of the supply held by "snipers" (bots that buy instantly at launch) is a major red flag.
  • Dev Holdings: For most memecoins, the developer should not hold a large percentage of the supply.
• Market Timing: The host notes that the current market is slow ("the trenches are dead"). He advises that this is the best time to learn and educate yourself so you are prepared to act when the market becomes hot again, which he expects for Q4.

Takeaways

• Successful memecoin trading requires a clear strategy; you must decide if you are making a short-term flip or a longer-term investment based on conviction.
• Use specialized tools like Axiom to analyze token holder distribution before buying to avoid obvious scams or projects with poor setups.
• Use the current quiet market period to learn these tools and strategies, as it is difficult to learn effectively during a market frenzy. Buying conviction plays when "nobody wants to buy" can lead to better entries.