- The volatility of cryptocurrencies means that investors can make or lose money.
- Those who hold onto cryptocurrencies long term often benefit.
- This is evident from Dogelon Mars (ELON) and Samoyedcoin (SAMO).
- The next presale opportunity to join at a low price is Calyx Token (CLX) and Aquasis Protocol (AQS).
The $1000 Experiment – Meme Coin Edition
Dogelon Mars (ELON)
Dogelon Mars (ELON) was developed as a meme cryptocurrency and wanted to rival the success of cryptocurrencies like Dogecoin (DOGE). The crypto’s name is referring to a long term goal of the CEO of Tesla, to colonise mars for humans to live on as a replacement planet.
Assuming someone purchased $1000 at the end of last April 2021 and sold at today’s price, the increase on investment is just over 1000%. This means that the $1000 investment would have exceeded $11,000. Assuming that they managed to sell at the all-time high of Elon, the $1000 would be worth just short of $30,000.
This kind of increase in just a short year or even less, in the case of the all-time high, is unheard of in traditional finance markets.
Samoyedcoin (SAMO) also derives its primary influence from the main meme cryptocurrency, Dogecoin (DOGE). However, Samoyedcoin (SAMO) is the ambassador/mascot of the Solana (SOL) network. As the leading meme cryptocurrency on the Solana blockchain, it has differentiated itself enough from the other canine cryptocurrencies.
Under the assumption that someone purchased $1000 worth of Samoyedcoin (SAMO) during May 2021, they would currently have over $15,000. Buying at the same time last year and selling at the all-time high would have left an investor with just shy of $140,000.
Patience has paid off in the case of these investors who managed to sell at the perfect time. However, even ignoring the best case scenario selling at today’s price would still be an incredible percentile increase.
Is Calyx Token (CLX) Next?
As demonstrated in the previous experiment, purchasing a cryptocurrency early while it continues to develop a community and progress its project can result in substantial gains. In the best-case scenarios we have demonstrated above, investments can leave people very wealthy.
Calyx Token (CLX) has just entered its presale and gives an opportunity to multiply their $1000 into much more. Joining the presale, and therefore the community, at the lowest price point could pay off in dividends in the future just as Samoyedcoin (SAMO) and Dogelon Mars (ELON) did.
Calyx Token (CLX) is an instant trading platform that allows users to join liquidity pools and earn a percentage of the fees generated by that pool. By providing liquidity and collecting fees, users can earn passive income through Calyx Token (CLX). Additionally, the crypto can be staked and used for governance. The major decisions regarding the cryptocurrency can be voted on, the more tokens you have the more weight your vote carries.
The $1000 experiment will be interesting to reflect on one year after launch. Dogelon Mars (ELON) and Samoyedcoin (SAMO) were purely meme coins before their success stories and provided no utility, therefore the potential for Calyx Token (CLX) could be even higher and could return more profits.
A Second Presale Option – Aquasis Protocol (AQS)
There are plenty of presale opportunities and sometimes spreading your investments across multiple will give you a greater chance of succeeding. Aquasis Protocol (AQS) has begun its presale stage 1 and has some interesting features.
Aquasis Protocol (AQS) gives users the ability to finance their recurring commitments, such as subscription payments and memberships for a variety of services. The user will simply have to deposit some USDC and can then earn yields through using the service, generating more AQS tokens.
Splitting the $1000 experiment across a few interesting presales could then provide that extra security and peace of mind.