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Welcome back to the end of another week with Renaissance - the newsletter equivalent of the opposite of that Twisted Sister song āweāre not gonna take itā š
Came out 40 years ago but I feel like we have, in fact, continued to take it. At least weāre taking it and getting wealthier together here Renaissance family, letās get into it!
Today at a Glance:
Rippers For Retirement | Trades Weāre Sniping Easy Extra CashThe Renaissance Over-Under
Crypto Market & NFT News
Rippers For Retirement | Trades Weāre Sniping
Joe Pesci being a gangster and playing golf half-assed is just immaculate vibesā¦š
ETH
- ETH ETFs go live on July 23rd! ššš VanEck has zero fees on their $ETH ETFs!
- $ETH ETF INFLOW CAN HIT 100 BILLION+ IN THE FIRST YEAR SAYS EXPERTS
- Trump is alive and kicking and massively pro crypto and has taken huge backings from the valley and crypto kings.
(sidenote trade, we did a solid 20x on $FIGHT -> After Trump got shot footage shows him saying "Fight". Easy Trump viral moments always rip, you have to be fast! Weāve taught you this time and time again)
- Trump announced his running mate: J.D. Vance. A big big crypto guy and a tech venture capitalistā¦great pick for us
- All of this adds up to Eth getting ready for the big run! From here weāre projecting the big price targets when we get into the true bull market and election ignition, even though Viktalik disagrees š
- Weāre building our Eth positions back up and concentrating for the long term!
Last weekās selloff was our buying opportunity and as always, we nailed it, congrats all!
So when Germany and the US and Mt Gox sell-offs in Bitcoin took the market down we told youuuu these slides are good opportunities for buying the top assets we like! (for both long term holdings and short term scalp trades). And whatās happened literally a week or 10 days laterā¦..
High Market Cap Coins
- As the market recovers, high market cap coins bounced off of support like we said they wouldddd, an easy 15X+ sweep for 10 days of waiting.
- And these are huge stable market cap coins so weāre safely able to allocate a lot more capital than the smaller trades. Large capital 15Xs are not to be passed on!
- And remember to sell small bags at market all time highs so youāre never going boom and bust when itās not needed!
$wif -> $1.5b to $2.22b (1.48x)
$popcat -> $300m to $900m+ (3x)
$billy -> $93m to $184.5m (1.98x)
$michi -> $52m to $127.5m (2.45x)
$wolf -> $52.7m to $120.4m (2.28x)
$mumu -> $41m to $80m (1.95x)
$sc -> $18m to $38m (2.11x)
And if youāre a regular reader (bloody legend haha) youāll knowā¦
One of our favourite meme coins we are a long-term holder of is POPCAT and we dove all over it! We recommended you go for all of our fan favourites and watch them!
And the cycle goes exactly textbook all over again -
The macro event caused a sell-off for no real market reason - we buy everything up that we love. 10 days later Popcat has ripped up to over $900M market cap and is now finally the largest cat meme coin in existence. And itāll be well over a billion soon! Our cat is POPPIN! š
This favourite token rebound gets more attention and it drives the price even higher. Great, thatās the initial high conviction trade going to plan, then as always you be on the lookout for the derivatives that are there to take advantage of the market attention!
- What do we always say, WATCH for derivatives and 2.0s!
- So this week we caught both POPDOG and POPCAT2.0 from almost zero market caps. We have sold a little but are still holding into next week. Theyāre good for keeping an eye on and we hope you have been already!
POPDOG was a good trade up to $1.5M and we made a solid 4x but this isnāt a longer bet, unlike the 2.0 potentiallyā¦
https://dexscreener.com/solana/9VsFSZS59Y9joAibVQWf8zZX2v7aFH4AX97mhntoZrd2 this is what we like and weāre watching, weāve been in from $200k market cap
Andddddd our other long term conviction play that weāve talked about for months in our large cap basket went as planned: BONK
Like a special kid grips a dog - hold on to this! December following the trend is going to be good, same for all of our big conviction plays. š
Miggles - after Popcat and the cat hype again, this happensā¦
Coinbase posted a tweet with a Cat in it. If you had notifications on, you would've seen it right away.
When a big account posts an animal, coins related to their tweet are bound to explode.
The "unofficial" mascot, #MIGGLES
This has the potential to be one of the best CTO's I've seen.
0xB1a03EdA10342529bBF8EB700a06C60441fEf25d
Never fade the Coinbase marketing - get all over this this week. This has the potential to be a long-standing macro cat coin on BASE for the future if it plays out well in the short term! Called it and calling it for the future š
We nabbed it at around $1M market cap - now over $20M
Honourable mentions for your perusallllll
Stay classy Renaissance family, eyes up this week!
LITTLE BITS š
NOSTALGIA OF THE DAY
Wealth Building, Personal Finance Hacks & FAT FIRE
We know a lot of you are younger readers, guys in their 20s hustling at the start of their career, making moves and looking at what they can do to get ahead. Youāre at the right place here at Renaissance. Weāve been just like you and know the struggle.
And money can be tight during the start. You have expenses - rent, bills, food, car - and your salary hasn't risen too high yet. Finding the cash to save and invest can be tough, and while youāre spinning on the hamster wheel not able to save/invest each month it can be frustrating. š¹
So hereās some small tips that can be used each month to earn a bit of extra cash. Simple things where you can earn money just by living.
High interest current accounts šµ- The interest may not be as high as you can get in a dedicated savings account (which you should definitely be using for any cash savings you have), but it can still be a few percent. This is interest earned on your cash just for having it in your account. Easy money - take it.
Credit cards š³- Utilising credit cards effectively can be a great means of optimising your finances. Put all your daily expenditure on the card and have a direct debit transfer to clear the balance at the end of the month when itās due. Very important to clear this in full each month to prevent paying ridiculous interest, so only spend money that you actually have! Meanwhile the money will be sitting in your account earning interest if you followed the first tip above.
These cards also come with additional perks, earning points and rewards which can be cashed in for discounts.
Cashback cards š³- Many cards give you cashback just for using them. Some of them fall into the credit card territory above, and some donāt. These are incredibly helpful and itās literally free money! For example Fidelity Investments has a card that gives 2% cash back on all purchases. https://www.fidelity.com/spend-save/visa-signature-card
Moneyback apps š±- These are similar to cashback cards but operate as apps. Offering cash back for certain services and at certain retailers, with the money being sent straight to your account. All you need to do is upload the receipt or enter some of the digits of your card to verify the transaction. One we like is Upside š
Donating blood š-Is this what it takes to get ahead, literally a blood sacrifice.
But this can be an incredibly easy way to earn some cash! It doesnāt take too long and the average clinic pays about $50-$75. Do this a few times a month and itās some decent extra $ to invest. Although this is one for the US guys, you donāt get paid to donate blood in the UK. š¢
This may not all seem like much, but when starting out every extra $50 or $100 invested can make a big difference. When youāre young this is when you have the greatest opportunity to build wealth.
$100 now amounts to over $1,600 in 40 years, assuming just a 7% return!
Or you can pay attention to our narrative plays and picks, learn, and do way better than this!
Meme of the Day
Thatās a wrap for this week! Meet us on Twitter to talk all about it. Where weāll send you jokes, tips, and all important news from the world of money, business and crypto and more! (@RenaissanceDly)
