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Author Topic: What's next in the memecoin cycle?  (Read 343 times)
JeffBrad12
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March 24, 2024, 12:05:59 AM
 #41

Is the bullrun just finished until we haven't fully seen the halving? So so far investors have been too hasty in playing the memecoin season. Meanwhile, it usually happens after the halving, but I quite understand that investors cannot be controlled so they start to attack meme coins and quite a few markets experience instability. Exchanges as large as Binance are now getting easier to list memecoins day by day. Many projects that have been running for years cannot be listed on the Binance exchange, losing out to shitcoins that are only 2 days old.

Coming back to whether it's time for memecoin season or not, we can't read the direction of market movements, could it be too fast or is the bull run too short?
its indeed meme coin season in solana the other chain not so much but there has been recent massive deployment of some random shitcoin on solana you see in dex smart contract in solana its full of shitcoin buy/sell transactions and yes their market cap grow so fast that its actually kinda crazy in my opinion.
on the other hand binance are being more easy and friendly toward listing meme coin probably due to the fact that they want to pump that trading volume number up since we know that when meme coin really become a hits hitting a billion dollar trading volume is just piece of cake, deduct certain percent as a fee then binance already having good profit from listing it.
so its no wonder that they rather easy in listing these, moreover, other centralized exchange similar to binance are doing exactly the same thing so there's no blaming here.

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March 24, 2024, 03:30:21 AM
 #42

Ethereum network meme coins > Solana network meme coins
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March 24, 2024, 05:07:00 AM
 #43

In my experience, the transition to the altcoin season usually kicks in when confidence in Bitcoin's upward trajectory wanes. People start seeking opportunities in altcoins, hoping for quick gains. However, with Bitcoin hitting new highs recently, there's been uncertainty. I don't foresee a significant surge in the top 100 altcoin prices for the next 5-7 months. Until then, it might be more of a pump-and-dump scenario.
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March 24, 2024, 09:21:09 AM
 #44

I don’t like most of the meme project but currently there are some new type of meme trends evolving in the market which they call meme 2.0 In these new type of meme project they gave user task to engage with the protocol and they promote a storyline where they share alpha hints for the community to give them the opportunity to guess whats coming.


Whether they call it meme 2.0, name them after famous people and celebrities, create storylines and make quizzes to incentivize users, or do anything else, none of this can change the fact that they are meme coins at the end of the day, and we all know what meme coins are. They are tokens created out of thin air named after a joke or a meme or some famous person or thing and they provide no utility or anything at all to their communities.

People need to understand that putting a mask doesn't change the actual identity of a person, similarly, giving a meme coin a different name or identity doesn't change the fact that they are still risky investments and aren't proper altcoins or cryptocurrencies, and people need to invest money that they can afford to lose in them.



 

 

 

 

 

 


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March 24, 2024, 10:42:34 AM
 #45

Ethereum network meme coins > Solana network meme coins
We are currently experiencing hype in Meme Coin around Ethereum and the Solana Network Meme Coin. You can see that this time the price of Solan has unexpectedly increased. Especially the current hype around Solana network meme coin more, currently Solana network is offering several coins at high price and many people invest  and withdraw money from it. I want to say analyze your investment in meme coins very carefully. None of us want to lose our money so don't let hype and FOMO dictate your investment decisions.

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March 24, 2024, 11:51:22 AM
 #46

Memecoins are just about hype. And what’s special about the hype is that it doesn’t depend on anything or at any specific time. It could be a young man who just tweets about a meme coin and then the numbers starts rising and before you realize it, it’s trending. From trending, you’ll see the prices flying. That’s just about it. And memecoins can also reach new ATH without the other memecoins making any huge price movements.



 

 

 

 

 

 


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