Too Long, Here is the Highlight
Xiaobao has the propensity to be the next meme-coin to Deca millions.
Currently, Xiaobao has a market capital of $6,670, now is the time to join.
To join the actual coin, here is the CA
EPSAmXqyLgT5DQZXxen8sKUAiXJupfUSuDtp4UW2bonk
Xiaobao’s technical indicators looks primed but there is need to work on some fundamentals.
I am proposing a community takeover. Donation for this goal should be sent to this Solana address.
9eGkeAdePqWSvjduTUxd6jZ6abroeydhTMo4yjaLtUpH
Introduction
A lot is happening in the world of crypto, and one of the most profitable sub-niches that requires a trader’s attention right now is meme-coins trading. This highly volatile sub-niche has created unprecedented wealth transfers, which explains why it is a go-to place for traders seeking extraordinary profits. Winning in meme-coin trading is similar to other crypto niches. However, profitable traders only have to be skilled on the act of spotting a gem (coin) early and holding until others discovers it. By early, the idea is to buy a coin at a lower price/market capital (mc) and sell it at a higher one. Currently, many meme-coins are trading at lower prices signaling a perfect entry point, and one I have my convictions in, is the Xiaobao (The Bonk Monkey).
Why Xiaobao?
I discovered Xiaobao few months ago during the launchpad war between PumpFun and Bonk, both Solana chain launchpads. In brief, the community disapproved of PumpFun’s extractive nature and the player-vs-player (PvP) trading style on the platform. On the other hand, Bonk launchpad prioritized the community, as evidenced by the airdrop it provided. In addition, contrary to PumpFun still, trading meme-coins on bonk is considered a player-vs-environment (PvE) trading style which means an inexperience trader have a greater propensity to profit trading meme-coins launched on bonk. I was scouting for the next gem when I found Xiaobao and after critically examining some of the factors in this thesis, I am convinced Xiaobao is the next meme-coin likely to go parabolic. As a meme-coin enthusiast interested in catching the next 1000x or 10000x gem, Xiaobao is just the coin you need to hold.
Factors to consider in order to buy and hold Xiaobao.
Starting with the total supply of the token, personally, I pay close attention to this variable when scouting for gems and the reason for this habit is because, over time, I have observed that there is an inverse association between the token supply of a coin and its price. Usually, a lower coin supply is associated with a higher coin price while a higher token supply is associated with a lower token price. Look at Bitcoin ($BTC), 21 million total supply with a market capital of $2.2 trillion (as of the time of writing this thesis). If you think “Oh, that’s $BTC”, what about the likes of Ethereum ($ETH) and Binance coin ($BNB) with a total supply of 120.69 million and 200 million, and market capital of $468 billion and $223.84 billion (fully diluted market cap) respectively. Overt critics may say well, all the token mentioned are blockchain tokens and provide utility. Since I am talking about a meme-coin with no utility, does this also apply? Yes, it does. $Uranus, a hype driven meme-coin with no utility having 100 million token supply has a market cap of $45 million. The total supply of Xiaobao is about 69 million and it is dropping periodically as a result of constant burning from dissatisfied holders. This token supply is valued at $6,670 which screams “significantly undervalued”. This is the best time to buy Xiaobao.
Another factor is the holders count. 343 holders signifies early believers waiting for the explosive move. Since I found this gem, the count has been decreasing by figures not so significant. Let me say 100 over 4 months. This could be as a result of the short term mentalities of traders. Traders are always in for the quick bucks and end up missing the generational changing opportunities. The holder’s distribution of Xiaobao is healthy because aside from the protocol vault, the highest Xiaobao holder possess only 2.50 percent of the token supply which removes the fear of being rugged. Another interesting thing is the first 10 wallets are from different owners who also believe Xiaobao is their path to creating generational wealth. The time of their purchase and trading style is an indication to this assertion so normies should not have to bother about whether it is a bundled token
Here is the contract address (CA) of Xiaobao so you don’t accidentally buy the wrong token
EPSAmXqyLgT5DQZXxen8sKUAiXJupfUSuDtp4UW2bonk
Price action is king as it is often chanted. I included its analysis in this thesis as another factor that should influence your buying decision. From the chart below, Xiaobao has its All-Time-High (ATH) on the 13th of May, it is launch date, on this day, its market cap reached $367.11k. Personally, I believe this is still an undervalued market cap for a meme-coin with a total supply of 69 million. Between 31st of May and now, Xiaobao has been hovering in a range with support levels at $5,800 and resistance level at $72,450. Currently, market cap is $6,670 and I anticipate a bounce when mc drops further to the previous All-Time-Low (ATL). Technically speaking, the anticipated bounce will likely result in a 10x or 100x or possibly a 1000x considering the fact that it is a meme-coin and also capable of being volatile. Fundamentally speaking, I dread that the bounce may not take place soon because there are little or no fundamental events propelling Xiaobao visibility. Nevertheless, it is a bounce that will take place when the necessary conditions aligns.
Conditions necessary for Xiaobao to soar
While Xiaobao’s parabolic explosion look primed, there are some fundamentals that needs to be in place for the move to happen. One of these is increasing the meme-coin’s visibility. No holder or believer is currently talking about Xiaobao, every one possibly expects a miracle to occur and prices to go up. Nobody want to shill and raid Xaiobao until it’s price transformation take place. It has been a long time since anyone from the 125 members in the Xiaobao X (formerly twitter) community spoke about the memecoin. It looks like they have given up and moved on to the next coin which shouldn’t be especially in a season where bag owners are expected to work for their bags. Now is the time Xiaobao believers are obligated to hype their bags for others to buy.
The creator of the token might have leveraged on the presence and audience of Xiaobaomad, the celebrity monkey on Instagram. At a point, a screenshot of the CA of the token on the profile of the IG account was in circulation but the CA is not there any longer. Dexscreener website links has always pointed to the celebrities monkey’s point. Some points raised tell the obvious fact that there might have been a fallout between the creator of the token and the owner of account. If this is true, then there is a need for a complete community-take-over (CTO). There is a need to ignite the silent community or create a new one with members having the desire to do all it takes to bring the required transformation. A complete revamp means the creation of a web page solely for Xiaobao while trying to build a new and long term association with the owner of the Instagram celebrity monkey’s page. The CTO team need all the help required to progress at this point.
I am willing to start and drive this revolution no matter how long it takes. I have started on X and will periodically use my website to propagate the mission on google. The revolution requires some funds to implement the community takeover events and at this point, I am requesting for donations for this course as I can do it alone and need 100 percent focus to this goal.
Donations should sent to this Solana address.
9eGkeAdePqWSvjduTUxd6jZ6abroeydhTMo4yjaLtUpH
