Scalped some memecoins today for 10% - 15% gains and some losses also with small amounts mostly I spent most of the time on testing out the flow of Spread markets So, I'm creating this product where even if the memecoin or token has risen to a higher mcap then also a person can enter with a small size and make 5x - 10x gains on a 10% - 30% rise on memecoin price It's basically a combination of memecoin + derivatives The specific derivative instrument here is called 'Spreads' Suppose the memecoin is $ANSEM Just like you create a LP market on Meteora and choose a range and deposit Ansem to earn trading fees Here also, you create a spread market and choose a range at higher prices at like 1.1x - 1.3x range and deposit ANSEM to earn option premium fees However, unlike Meteora, the markets on Spread are transient like 48 hrs or 72 hours and after that it matures In between this time, anyone can come and buy into this market by paying like a 1 cent - 15 cent premium per contract depending on the volatility If the ANSEM memecoin rises higher by like even 15% during this period then your bought contract value can rise to like 50 cents so a potential 3x - 10x gain here So, anyone can enter with a small size on ANSEM and still make like 10x gains even for like a 15% rise in token price.
Aks_VShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.