⛏️Selling Shovels in a Memecoin Rush

GM. This is Touching Grass. We’re like that one crypto friend who sends alpha instead of memes. You’re welcome.

Here’s what we’ve got for you today:

• No Leash, No Rules: The Wild World of Animal Coins

• 3 Ways to Win the Memecoin Game Without Playing It

• Weekly Wisdom

Who Let the Dogecoins Out?

This week, several animal memecoins were listed on Coinbase and Binance, pumping their valuations to unbelievable numbers.

• $PNUT - $1.6B Market Cap, as much dough as Papa John's with it’s 6000 locations

• $POPCAT - $1.7B, climbing higher than Ubisoft’s top games

• $WIF - $4B, cruising alongside Mazda and Western Union

• $DOGE - $56B, barking up the same tree as Mercedes-Benz

Most are up 100% or more just in 7 days.

This week in one number:

No, it’s not the price of Bitcoin (at least not yet). This is how much 1 CryptoPunk NFT is now worth.

And they still have a lot of room for growth to their ATH of $400,000.

How to make money from memecoins without trading:

I get it, not everyone wants to gamble their money on random funny (or not) memes.

So here are 2 alternative ways of profiting from memecoins:

DLMM Farming

I know, this sounds like some pro-level DeFi genius-only thing. But it’s not. What you have to do is simply provide liquidity for memecoins on Meteora and you will earn fees from people trading it.

Here’s how:

1. Go to the DLMM tab on Meteora

2. Pick a Pair: Look for low TVL, high-volume pairs. Balance risk with potential rewards.

3. Go to Add Liquidity

4. Set a Range: More bins = less risk, lower fees.

5. Choose a Strategy:

   • Spot: All-purpose, easy.

   • Curve: For stable pairs.

   • Bid-Ask: Great for volatility.

6. Deposit your liquidity and start earning fees

This is NFA, please learn more about Liquidity Pools and Impermanent Loss before depositing.

Memecoin Branding Studio

Memecoins thrive on social media content, and that’s where the magic happens.

We cornered Matt, founder of XD Studio—the genius behind viral content for top memecoins—and got him to spill the tea on how much you can earn creating art for memecoins.

Here’s what he shared (after a little persuasion):

• Most deals are monthly, but individual prices are: Animated GIFs - $100+, Art - $100-$200+.

• 50+ brands signed this year

• High 6-figure annual revenue

This business model is nearly perfect: it has little downside risk but a high upside potential.

Crypto companies typically pay more than other industries, allowing you to have way higher margins.

Weekly Wisdom: