For those of you who have the misfortune of being a follower of my Twitter you may have noticed I’ve gone off the deep end into the world of memecoin cryptocurrency. I was invested in a rugged memecoin ($APU) where the community decided to take the project over because the meme was too good to just let it die.
So what is a Suicide Stack?
It varies from coin to coin, but a suicide stack is an amount of the cryptocurrency where if you lost access to those coins and then it mooned you’d commit suicide. Urban dictionary defined it in the 2021 bull market but it has floated around for years. It is considered the minimum recommended entry point for any position. My position in particular the decided upon number is 100,000,000. The total circulating supply is 337,892,270,705 so you’d essentially own 0.029595% of the supply to have a good sized stack.
Then what is a Make It Stack?
A make it stack used to be $1,000,000, but these days people would say inflation adjusted you need $4,000,000 to be a comfy millionaire. The agreed on consensus for $APU was 500,000,000 APU tokens which at a price of $0.008 would yield $4 million. I tend to run projections very conservatively, but I think a make it stack would require a minimum of 1,350,000,000 APU tokens. Ultimately a make it stack is up to you.
Why is Figuring Out Sui and Make It Stacks Important?
Much like you wouldn’t structure a bond ladder to have all of them expiring on the same month and instead have a constant rotation so you have bonds reach maturity at different months, you wouldn’t people who want to cash out the same time as you. That is of course if you even want to cash out. If everyone wants to sell a token at $0.008 then only the first mover will get that price unless there is black hole deep liquidity. Having more tokens than the agreed upon “Sui” and “Make It” stacks not only gets you to your psychological numbers quicker, but it gives you first mover advantage. Obviously if you own more than 0.02% of the supply you’d sell in small batches to not erode the available liquidity.
Anyways that’s my cryptocurrency tip of the day. More non-cryptocurrency content will resume when things get less crazy. This is not financial advice to buy $APU but I have a SUI stack (or possibly more ;D ) of it and I’m going to see what happens with it.
