So far, 2024 can be termed the Year of Memecoins, following in the footsteps of 2021 when Shiba and Doge made a name for themselves.
Despite numerous rug pulls this year, we've seen some decent runs in memecoins. POPCAT recently reached a billion-dollar market cap, while MEW, MYRO, BRETT, and WIF have all hit triple figures in market cap since their launches.
But I think we're not done yet. I recently discovered Catdog, a dog-themed coin with a strong community. It's currently just under a $100 million market cap and is already listed on a few exchanges. For meme lovers, I believe this could be a good bet for the medium or long term. What do you think?
There are rumors that the next narrative on the next bull run wouldnt really be into those blue-chip narrative like AI, RWA,DEFI etc. but rather its on meme coins. It is really that hard to believe
that we would really be ending up into this kind of trend on which we know that or really that hard to believe that it would really be definitely happening. We cant really be able to avoid that
meme coin season is really that do exist but we just dont know on how long it would really be something like this when it comes into this condition. It is really just that depends
on the demand and recognition of course but we shouldnt really be that removing into our minds that there would really be those specific cycles on which this market could rotate upon.
This is why you should really be that wise on taking up decisions on taking up profits on the time that you do have the chance on doing so.