Chihuahua ($HUAHUA) - The Cosmos Meme Coin up 100% Today - My Strategy Ahead...

Hey All,

Can Meme Coins generate consistent passive income, or are they potentially fraudulent? I have staked nearly 4+ million Chihuahua ($HUAHUA) tokens to earn a respectable amount of #HUAHUA tokens, which I regularly swapped for a stable coin. How did I end up investing in this meme coin? It began with a $50 investment, funded by my $EVMOS staking rewards. Initially purchasing over 4 million #HUAHUA tokens for around $80, I had staked all of them. Presently, the value of these tokens has grown to $1.6K+ or more at the moment. Its been a while that I had unstaked Chihuahua ($HUAHUA) tokens and at present have all of them liquid in my wallet . Here is the snapshot take from my Keplr Wallet ::

So the big question is why is The Cosmos Meme Coin Chihuahua ($HUAHUA) aka as The Little Dog with a Big Bite is up more than 100% - what's the big news here that we all are missing - well checking on their twitter handle i t looks like 50% of every transaction fee on Chihuahua Chain goes up in flames so thats the BURN of the token picking up and currently they have crossed the milestone of 50M $HUAHUA burned and counting.

Currently the Chihuahua ($HUAHUA) token is trading around $0.0003+ up 104% today. The token is ranked at #672 position with a marketcap of $24+ Million and 24 hours trading volume touched $2+ Million and the total supply of the token is like 103+ Billion #HUAHUA which is quite a lot. I have not factored in how much tokens have already burned it definitely would be in billions as well.

Ok so what is the plan next that I have considering I am having a good amount of profit to be booked. I was thinking to sell at least a Million of Chihuahua ($HUAHUA) tokens and buy #ATOM for it. This would get me around 34+ #ATOM which is a fair deal to do. Hence I m keeping 3+ Million Chihuahua ($HUAHUA) and swapping all the other for #ATOM.. here the swap done and my current status of #ATOM tokes in the wallet ::

Finally, 52 ATOM which is worth $550 at the moment and plan ahead is to bring all this money to the HIVE eco system I would be further enhancing my #SIM stake with it that would further increase my #HIVE earnings daily and as a result all that HIVE would be powered up. In conclusion, I'd suggest that if you've invested in a meme coin during its early stages and it's still providing a steady passive income, it's reasonable to #HODL onto it until an opportunity arises where it offers a return of 10x return or maybe more. However, it's important not to be greedy, book profits consistently is the KEY, and make sure to secure your profits when the time is right or the opportunity strikes....continue to RISE - The Cosmos Meme Coin Chihuahua ($HUAHUA) aka as The Little Dog with a Big Bite... cheers

Have your say on - Chihuahua ($HUAHUA) - The Cosmos Meme Coin...

Please, note I am not recommending any Buy here. Just sharing my experience with $HUAHUA Meme token and how I am leveraging its earning into buying other tokens of my interest or rather restaking it to further increase my stake in $HUAHUA Meme token.

DYOR before buying in this - Chihuahua ($HUAHUA) - The Cosmos Meme Coin or any other Meme coin...

#meme #coins #passive #staking #defi #chihuahua #cosmos #huahua

Image Courtesy:: keplr, burn.chihuahua.wtf, cosmos,

Best Regards

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects..cheers