Two NYU Students Embark on a Crypto Journey, Pivoting from Meme Coins to BlockDAG

Two New York University (NYU) students, Ethan and Maya, ventured into the cryptocurrency world in early 2023. Starting with meme coins, they sought quick gains by investing $2,000 each in Pepe (PEPE) and later another $2,000 in Book of Meme (BOME).

Jumping into Meme Coins: PEPE Investment and Returns

Ethan and Maya began their crypto journey with PEPE in April 2023. They invested $2,000 when PEPE was priced around $0.0000012. Driven by meme coin hype, the token's price surged over 300%. Within a week, their investment had more than tripled in value.

However, PEPE's price volatility was evident. By the end of June, their holdings had dropped to $3,500 each. Despite the fluctuations, they held onto their PEPE, anticipating future gains.

Exploring New Opportunities: The BOME Investment

In 2024, Ethan and Maya invested $2,000 each in BOME. They hoped for similar growth to PEPE. Their investment grew to roughly $6,900 at its peak, delivering a 245% ROI. However, BOME's price could not sustain its peak and settled back to around $0.0094 in November 2024.

Shift in Strategy: Searching for Stability

Ethan and Maya realized the limited stability of meme-based assets and began re-evaluating their investment strategy. They sought a cryptocurrency with a foundation in practical technology and long-term growth.

Long-Term Play: Investing in BlockDAG

After research, they discovered BlockDAG (BDAG), which combines blockchain and Direct Acyclic Graph (DAG) technology. Priced at $0.022, BDAG's innovative approach to scaling and successful presale attracted their attention.

They sold a portion of their PEPE and BOME holdings and invested $3,000 each in BDAG. They viewed this as a strategic choice for their portfolio, hoping for consistent returns over time.

A New Path with BlockDAG

Ethan and Maya's crypto journey reflects a gradual shift from short-term thrills to strategic, long-term planning. Their experiences with PEPE and BOME highlighted the risks of meme coins' volatility.

With BlockDAG, they now have a more balanced approach. They believe BlockDAG's growth potential aligns well with their long-term investment goals.