Daily Meme Five

Thesis

A daily, long-only rotation among the highest-volume Solana memecoins in Circuit's CoinGecko category.

Strategy

• Volume ranking: Each UTC period it ranks the prior daily window's reported USD volume and buys the selected coins without a price forecast. • Rotation: It sells departing coins and rebalances retained coins only outside the target band and minimum trade size. • Missing evidence: Missing or stale evidence causes a wait, and an outside disappearance pauses new buys.

Exposure

• Holds: USDC and memecoins — An equal-weight spot basket funded from session-allocated Solana USDC, with most capital left in USDC by default. • Venue: Solana spot swaps — Terminal must attach SOL Imported and supply SOL for fees; it never transfers or bridges funds. • Leverage: None — It buys spot tokens only and does not borrow. • Costs: Fees, impact, spread — Fees, token-account costs, spread and price impact reduce returns. • Data: Circuit — Rankings use Circuit's CoinGecko category, volume and asset data; it calls no outside service. • On unwind: Sells to USDC — Stopping attempts to sell all remaining basket tokens into USDC.