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Author Topic: What's next in the memecoin cycle?  (Read 390 times)
Joseph-P (OP)
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March 20, 2024, 07:50:43 AM
 #1

There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?
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March 20, 2024, 08:25:31 AM
 #2

There has been lot of interest for #solana meme coins off late.


There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?
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March 20, 2024, 08:36:06 AM
 #3

There's a chance of seeing new meme coins reaching the peaks which are unexpected. I believe in this cycle those high peaking meme coins could be the ones that are based of Solana blockchain. However, the market has still not seen the best performing meme-coin of this bull run so we will have to wait for it.

Not only meme coins but there could be a few alt-coins that may also reach huge peaks this bull run. We don't yet know those alt-coins or the meme-coins so for the moment we may only do speculation and nothing else. However, I'm sure that few of us will make good returns if we somehow pick the right ones.

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March 20, 2024, 09:15:38 AM
 #4

The SOL ecosystem is attracting attention through memecoins, a series of projects appearing on the chain reaching mc > $1b.

While this has never been my priority in this space, I agree that when you're willing to accept things, there's no need to overcomplicate them.

Previously, we have seen famous memecoins like Shib, Pepe,... they operate ERC20 and also bring many effects. But in the coming years, users will favor accessible cryptocurrencies when staking is no longer bothering with transaction fees and poor speeds.

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March 20, 2024, 09:22:48 AM
 #5

Usually, the transition to the altcoin season occurs after losing hope for a continuous rise in Bitcoin, and then money flows to speculate in some altcoins due to the ease of pumping the price.
In the current period, there has been no clear transition to altcoin except in SOL, due to Bitcoin reaching unusual levels, and therefore many speculators did not know whether the price of Bitcoin would stop rising or not.

I do not expect any actual pumping of the TOP 100 altcoin prices to occur until after 4-7 months, and until then there will be a PUMP/DUMP.

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March 20, 2024, 09:09:31 PM
 #6

There has been lot of interest for #solana meme coins off late.


There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?

I agree and I don’t think it’s all temporary. Solana will probably be one of only a few altcoins to continue on its upward momentum because in my opinion, they have gone past the hype cycle and are launching and establishing projects that are very innovative and useful to a lot of investors. We can’t say the same for other memecoins, though. Lots of people are seeing more utility in latest memecoins so maybe that will change the playing field a little bit.

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March 20, 2024, 09:11:47 PM
 #7

There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?

The honest answer and only answer here is no one knows.  Memes are completely useless in real life and greed drives that market of empty projects.  So they can go 1000% or lose you everything in as short as a day.  You get what you get but I don't see these crazy upwards trends happening for very long, it's not sustainable.  Take profits where you can and slide back into normal promising projects.
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March 20, 2024, 09:14:37 PM
 #8

as much as I like such speculation in cryptocurrency, a lot of them are just distractions. 

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March 20, 2024, 09:18:30 PM
 #9

There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.
Exchanges will have to ride this wild ride or else they'll be left behind.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?
We have no time frame for that but as long as the bull run is done with Bitcoin then expect that most money will flow again to the altcoins by that time. But how long? No one can tell how long you guys have to wait for that. Maybe the meme coins have been the first one to pump and then the others comes next which are not memes.

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March 20, 2024, 09:18:41 PM
 #10

as much as I like such speculation in cryptocurrency, a lot of them are just distractions. 
Speculations are there for a purpose, and it is still better to have your own analysis than to depend to any speculation. We know the meme tokens are seasonal, and right now they are coming back alive slowly but surely. Better to ride the hype while it is still there and know when to take profit, don’t ever hold for long because meme token will surely drop in value, and it’s just a matter of time.

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March 20, 2024, 10:09:45 PM
 #11

So far so good, and from what I have experienced and even memecoins, airdrops and shitcoins and finally all of them all altcoins have no specific time for bear and bull market or season for them unless it happens in the future and as for now, they are all moving the price with bitcoin. Whenever bitcoin goes up they also follow and when comes down every other coins follow. Like when bitcoin hit $70k Ethereum was also $4+k and yesterday and this morning when bitcoin came down to $62k Ethereum was also down at the rate of $3,200k and right now that bitcoin has gone up again to $67k, Ethereum has also rise again to $3,500.80.

So there is no specific time for the altcoins move up and down. And bitcoin control the prices of Altcoins.

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March 20, 2024, 10:13:01 PM
 #12

The honest answer and only answer here is no one knows.  Memes are completely useless in real life and greed drives that market of empty projects.  So they can go 1000% or lose you everything in as short as a day.  You get what you get but I don't see these crazy upwards trends happening for very long, it's not sustainable.  Take profits where you can and slide back into normal promising projects.
The upward and downwards trends are basics of the market, it's understandable. The memecoins cycle? No one have an idea how it will end because we're not in-control of the market, there's definitely more events to come. Profits are very important, atleast its the one thing that show we're having crucial moments in having our basic profits in the space. Memecoins can be very promising in the system but when it comes to making the expected moves, that's when they fumbled and ending up dissapointing these investors.

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March 20, 2024, 10:36:24 PM
 #13

There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?
In my opinion, memecoins will likely persist for a while. Although there are times when other trends emerge, such as altcoin seasons, airdrops, and so on, we often see memecoins resurface and trend again. Perhaps people are really seeking where they can make significant profits, hence memecoins trending for all seasons.

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March 20, 2024, 10:56:17 PM
 #14

The next big thing in the memecoins market is for smart investors to be smart enough to take profits when the icing is still on the cakes, because the market will not remain in the positive and since memecoins investment should be based on short-term, it's best to not get carried away or caught up in the Middle and never to expect too much, always have a short time views when investing anything that is fuel with hypes because the cycle is always short.
Bitcoin bull have triggered the interest in some of the low gem memecoins since investors have taken profits from Bitcoin and some how diverting it to altcoin gradually since the recent price high majorly happened in Bitcoin more than altcoins.

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March 20, 2024, 11:19:23 PM
 #15

Meme coins will continue to grow and more will be created, such as timeless entertainment coins, jup and wen are rewards from airdrops and may be rewards for users of the aggregator.
not a few meme coin devs give exclusive things to holders because of loyalty, I myself tried to buy a few $ for notes in the explorer even though I had to sell again with not too much profit.

2021 even all major coins are experiencing the same conditions, this is how people see the readiness even if it is from meme coins, and no one is forcing it, almost all oracles are proposing meme coins for the introduction of their projects even though they are based on nft and token launch bejunng.

For me it is better to keep assets that are meme genre but have good fundamentals and projects, rather than shitcoin in general which only feeds the chain and has no movement. Meme coin brings many people happy, of course it depends on how each person's analysis and trading strategy includes supporting capital.


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March 20, 2024, 11:45:32 PM
 #16

There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?

Yes the trend on crypto market comes and goes and meme coins move in the fast lane. There are hundreds of memecoin everyday and a few of them achieve 1000x+ growth in matter of days and are dumped to nothingness. Rarely there are coins that gains popularity and stays pumping and dumping for a couple of months.
And there are a few unique coins that make it to the mainstream exchanges and remains as popular coins for years like PEPE and Shiba Inu. WIF, FLOKI and BONK are newer addition that are holding on. And we have a rare case of BOME, not sure how they did it but it got to get listed on exchange like Binance and Kucoin in a matter of day. Not sure how long they'll be significant.
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March 21, 2024, 01:13:27 AM
 #17

it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?

I disagree with you saying Investors has encountered all that which MemeCoins has to offer. Infact let me just tell you, we've not gone so far in this Crypto journey yet because all that in both bitcoin, the AltCoins and the MemeCoins has a lot of potentials offers in the Crypto markets and the time seemed to be that we've got to the bottom offer of any of the crypto Coins is the dump of that project.
Well, as MemeCoins implies most of them could be hyped enough to get on a quick offer extinction and that's why many MemeCoins has not been in existence again after much influences gained during its era. But this is unlike reputable Coins that is potentialed to long term investments.

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March 21, 2024, 04:34:07 AM
 #18

The meme coin trend is not going to end soon. Earlier they were using the Ethereum blockchain and now they have started using Solana blockchain. There have been a few meme coins that have seen success on Solana. Now the new trend is to launch a meme coin on Solana. The shift is more or less due to the high transaction fee on Ethereum. We will surely witness many more meme coins on the Solana blockchain. I feel there will be a time when Solana will be known for meme coins.

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March 21, 2024, 04:49:09 AM
 #19

There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?

     Right now, what I'm really observing is that this bull run is making noise with meme coins under the Sol network, to be honest. Whether we admit it or not, many community investors have made a lot of money through meme coins in reality.

     And honestly speaking, I also missed out on this WEN, and recently it was the Bome that just a few days ago, its price kicked up a lot in less than a week in the market. So, there may be a truth that this bull season can be the time of meme coins now.

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March 21, 2024, 04:54:33 AM
 #20

There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?
Yeah, there are lots of meme coins being created now and they are being pumped. But don't forget, they are also being dumped within few seconds to days. Thousands of people are investing in those meme coins and only like two or three people are getting lucky. Rest of them are losing a lot. Most of those meme coins are just scam coins that get rug pulled. Again, among those few that are making some quick profit, most of them are the developers themselves or their friends. They pump the price, and then dump their coins to take the profit and leave. So to answer your questions, you can't predict the meme coins. It is like gambling on a casino. And no one knows how long this "meme coin" cycle will last.

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