Wonderland TIME is Tanking But I'm Still Buying More and Here's Why

17 Jan 2022 · 15 min
14:56

In this YouTube video, creator Josiah Stewart (Juvia) discusses why he remains bullish on the Wonderland TIME (MEMO) protocol despite a sharp price decline. He reviews recent market performance, noting TIME's price drop to around $1,000 and a 17% daily decline, while broader crypto markets show modest gains. Stewart explains the DAO’s high APY (60‑83k%), massive treasury (~$989 M), and daily yield‑farming revenue (> $1 M). He highlights strategic moves: liquidity migration from Trader Joe to SushiSwap, the need to wrap MEMO for airdrops, and upcoming investments in an NFT gaming company and the decentralized betting platform BetSwap.gg, which will airdrop tokens to MEMO holders. He also notes the anticipated listing of MEMO on a major centralized exchange, which could broaden investor exposure. Stewart outlines his personal dollar‑cost‑averaging (DCA) approach—small daily purchases—to mitigate risk, and repeatedly emphasizes that his commentary is not financial advice. The video concludes with calls to subscribe, join his Patreon and Discord for trade transparency, and follow him on Twitter.

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