Asymmetric upside requires asymmetric position sizing.
Memecoin trades are asymmetric — down-90% is real, up-10× is also real. Position sizing should reflect this. A small slice of your speculative budget into $APL, with a clear exit plan, is the rational framework. Never size into something you can't emotionally survive losing 90% of.
Hold $APL at the June snapshot → mint the Ape Pass. The Pass is a transferable proof-of-hold + Discord role gate. Magic Eden / Tensor secondary market opens post-mint. Sizing matters — Pass mint thresholds published before snapshot.