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Miles Deutscher

Miles Deutscher

@milesdeutscher

Crypto analyst. Busy finding the next 100x. Tweets aren’t financial advice. Sharing early alpha in @mileshighclub_.

LKY has quickly become one of my favourite meme coins.Good opportunity to buy the dip now if you missed the initial run imo.Here's the full $LKY thesis. 🍀Facts:• LKY is the OG DOGE (DOGE was originally a fork of Luckycoin, which launched in May 2023)• It's the oldest active memecoin chain in existence• It has the 22nd UCID ever (was a top 20 token in 2013)• Real market cap is only ~$70m as many tokens are dormant/lost• The chain was revived in 2024, and unlike many other "restarts" on the market, it kept the OG chain state that was publicly available on Bitcointalk - picking up from block 81,743Narrative:• The "lucky" aspect appeals to human nature, as luck is such a fundamental component of society (particularly in Asian culture)• 🍀 symbol is instantly recognisable• Chinese new year on Jan 29th (main theme is luck, wealth & prosperity)• St. Patricks Day is March 17th• It has a truly unique narrative in a market with tons of forced narratives• There are so many meme-able one liners, "they'll say we just got LKY" etc.Opportunity:• Mining activity has recently picked up (its hash rate has even been sitting above $LTC and $DOGE), indicating extreme interest. All major mining pools seem to be integrated inclusive of key exchanges that operate a pool• Community and holder-base has been growing rapidly, and they're super passionate• Still not on big exchanges• Almost a 1000x away from $DOGE in terms of market cap (so much headroom to grow)Full transparency: I accumulated on the open market between $2-3 and have recently added more to my position at $8. I haven't sold a single token yet. I took a position because the narrative immediately stood out as something fresh & the lore runs deep. Like any meme (esp. lower market cap ones) there's risk involved so DYOR and implement risk management if you choose to enter.

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