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Topic: Meme's Supercycle (Read 139 times)

hero member
Activity: 1666
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November 15, 2024, 03:43:39 AM
#15
The Meme Supercycle is a link that is happening in the crypto market today, seeing that the development of memes continues and grows large over time, if you look clearly today the meme coins in the top 100 marketcap are very numerous and continue to grow, such as Neiro, Floki, WIF, Bonk, Pepe, Mog, and continue to grow again and again new ones such as PNUT.

The tendency of people seems to be looking at meme coins rather than altcoins that have fundamental projects, I don't understand what the reason behind this is, why the market is so interested in memecoins that are very risky, from most people who like to invest why choose memes, I think maybe as long as Doge continues to lead the movement then memes will continue to grow bigger and bigger.

What do you think?, give us your thesis or argument. Wink

I think it's not because of Dogecoin, but maybe because others are also looking at the market cap reached by a meme coin that is listed in the top exchanges that have large daily volumes in each exchange where it is listed in order to do trading. activity.

Because that's one of the things I'm basing on is the high market cap obtained, then at the same time the daily volume and the big partners that support them. And also the number of max supply in circulating supply, something like that.
legendary
Activity: 2702
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November 14, 2024, 07:49:22 PM
#14
Historically, we have not seen a single altcoin category dominate the market twice. If the two market categories in the past were DeFi and memecoins, I do not expect them to have the same impact in the current cycle. Some Telegram based memecoins projects may see uptake, but because of Telegram, not because they are memecoins.

Interestingly, Binance and others spike things up by listing the likes of ACT and PNUT, and I do think it's pretty bold to try and gain something from them, however, during the Bull - everything is possible  Tongue I do think it can be pretty much profitable as long as the rally for BTC goes and doesn't get a good n' old correction.
This is how Binance was from day one, their policy was to list anything exciting, and if you were a trader you would notice that all the tokens that became a trend were quickly listed by Binance and then pumped, the first investors would benefit and then a major correction would lead many to lose their investments.
hero member
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November 14, 2024, 01:28:57 PM
#13
Most people love to gambling and that's why you see that meme coins are on the rise, because they are new and investors believe that they can make good profits from them because of their low prices and low market cap, especially now that we are in the bull market. Telegram have made meme coins more popular with P2E. I think meme coin is the game now if you have extra funds for gambling, because you might be lucky to invest on the right one.
legendary
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November 14, 2024, 12:56:17 PM
#12
In the previous run, there was an NFT craze, now - their place is taken by memes.
So, everybody can try to gamble a bit for them and probably go with some sum in the pockets, however, I dislike the risks attached to it, so I would do it only during the Bull a bit. Afterward - goodbye.
Except all of the altcoin bullruns had their meme cycles. I would imagine there will be another rise on NFT cycle as well when rich people start to play with them again, because it's the same silliness. Only thing they need is elon starting to shill them as well.

Which is sad truth, but it has come to the fact that people believe what oligarchs say, so markets react immediately.
hero member
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November 14, 2024, 06:36:32 AM
#11
Memes are the gamble for the faith that communities have for them  Grin Do these people want to hold the coin further to bloat it more or to leave their bags off?
They are the coins that are dictated by human behavior and moods.

Whether to gamble or not is up to the individual, but the recent surge in Dogecoin's price indicates it can be rewarding. Since the bull runs of 2021, the meme narrative has consistently attracted new retail investors to the cryptocurrency market. Those who have continued to hold their Dogecoin must be pleased with its recent price increase.
copper member
Activity: 252
Merit: 4
November 14, 2024, 05:26:47 AM
#10
Historically, we have not seen a single altcoin category dominate the market twice. If the two market categories in the past were DeFi and memecoins, I do not expect them to have the same impact in the current cycle. Some Telegram based memecoins projects may see uptake, but because of Telegram, not because they are memecoins.

Interestingly, Binance and others spike things up by listing the likes of ACT and PNUT, and I do think it's pretty bold to try and gain something from them, however, during the Bull - everything is possible  Tongue I do think it can be pretty much profitable as long as the rally for BTC goes and doesn't get a good n' old correction.
?
Activity: -
Merit: -
November 14, 2024, 05:19:44 AM
#9
The tendency of people seems to be looking at meme coins rather than altcoins that have fundamental projects, I don't understand what the reason behind this is, why the market is so interested in memecoins that are very risky, from most people who like to invest why choose memes, I think maybe as long as Doge continues to lead the movement then memes will continue to grow bigger and bigger.

This phenomenon has a clear reason, other altcoins that have good fundamentals already have a fairly large market capitalization, and therefore, for new investors who want to enter, it takes more time to get a big return. On the other side, meme tokens come with small capitalizations, in line with that, the returns offered will also be bigger (if the project eventually becomes big).
And it could have been connected to the current hype and craze in the market. Some of them are Telegram based because that's what the latest craze it. Others the old and traditional meme coins, that we have seen since the last bull run and it was just a rinse and repeat process for them. I guess we will not run short of this meme coins and what the OP calls super cycle. Everyone bull run we will see them dominating the market. And because there are a lot of investors who are into this kind of crypto, it will continue to go on no matter what. And because the market is like a wild, wild west, there are going to be investors who will profit big and there are some who will take the collateral damage and lose a lot of money, thus it will be a super cycle.

In the previous run, there was an NFT craze, now - their place is taken by memes.
So, everybody can try to gamble a bit for them and probably go with some sum in the pockets, however, I dislike the risks attached to it, so I would do it only during the Bull a bit. Afterward - goodbye.
copper member
Activity: 70
Merit: 1
November 14, 2024, 05:17:23 AM
#8
The tendency of people seems to be looking at meme coins rather than altcoins that have fundamental projects, I don't understand what the reason behind this is, why the market is so interested in memecoins that are very risky, from most people who like to invest why choose memes, I think maybe as long as Doge continues to lead the movement then memes will continue to grow bigger and bigger.

As per my understanding memecoins are cheap and that is one reason why people are interested in buying them. For example with the price on 1TON a user can buy several PEPE coins even a handful of Doge coins. When these coins pump the ROI generated is far better than others. But, there is a risk involved in investing in meme coins which people are happy to take.

Memes are the gamble for the faith that communities have for them  Grin Do these people want to hold the coin further to bloat it more or to leave their bags off?
They are the coins that are dictated by human behavior and moods.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
November 14, 2024, 05:08:23 AM
#7
The tendency of people seems to be looking at meme coins rather than altcoins that have fundamental projects, I don't understand what the reason behind this is, why the market is so interested in memecoins that are very risky, from most people who like to invest why choose memes, I think maybe as long as Doge continues to lead the movement then memes will continue to grow bigger and bigger.

As per my understanding memecoins are cheap and that is one reason why people are interested in buying them. For example with the price on 1TON a user can buy several PEPE coins even a handful of Doge coins. When these coins pump the ROI generated is far better than others. But, there is a risk involved in investing in meme coins which people are happy to take.
hero member
Activity: 2870
Merit: 594
November 14, 2024, 04:59:20 AM
#6
The tendency of people seems to be looking at meme coins rather than altcoins that have fundamental projects, I don't understand what the reason behind this is, why the market is so interested in memecoins that are very risky, from most people who like to invest why choose memes, I think maybe as long as Doge continues to lead the movement then memes will continue to grow bigger and bigger.

This phenomenon has a clear reason, other altcoins that have good fundamentals already have a fairly large market capitalization, and therefore, for new investors who want to enter, it takes more time to get a big return. On the other side, meme tokens come with small capitalizations, in line with that, the returns offered will also be bigger (if the project eventually becomes big).
And it could have been connected to the current hype and craze in the market. Some of them are Telegram based because that's what the latest craze it. Others the old and traditional meme coins, that we have seen since the last bull run and it was just a rinse and repeat process for them. I guess we will not run short of this meme coins and what the OP calls super cycle. Everyone bull run we will see them dominating the market. And because there are a lot of investors who are into this kind of crypto, it will continue to go on no matter what. And because the market is like a wild, wild west, there are going to be investors who will profit big and there are some who will take the collateral damage and lose a lot of money, thus it will be a super cycle.
legendary
Activity: 2702
Merit: 4002
November 13, 2024, 10:50:55 PM
#5
Historically, we have not seen a single altcoin category dominate the market twice. If the two market categories in the past were DeFi and memecoins, I do not expect them to have the same impact in the current cycle. Some Telegram based memecoins projects may see uptake, but because of Telegram, not because they are memecoins.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
November 13, 2024, 07:45:48 PM
#4
The tendency of people seems to be looking at meme coins rather than altcoins that have fundamental projects, I don't understand what the reason behind this is, why the market is so interested in memecoins that are very risky, from most people who like to invest why choose memes, I think maybe as long as Doge continues to lead the movement then memes will continue to grow bigger and bigger.
IMO, seeing from the general meme coin price chart I don't really think it's risky, I'm talking about meme coin in general that already made their way to big exchange listing like binance and coinbase, most of them aren't as risky as other have speculated also, meme coin total supply doesn't get owned by specific entity such as venture capital who usually buys token at really cheap price means we get the same equal opportunity to profit.

there's reason why binance nowaday just list meme coin, because it's trend, the trading volume is abundant and if people or institution want to get big allocation, they'd need to buy at the same price as shown in the market.

I think it's the most valid reason to justify meme coin increase, no need to overthink about team's allocation vesting unlock and so on, just pure speculation.
hero member
Activity: 1008
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Leading Crypto Sports Betting & Casino Platform
November 13, 2024, 06:12:12 PM
#3
The tendency of people seems to be looking at meme coins rather than altcoins that have fundamental projects, I don't understand what the reason behind this is, why the market is so interested in memecoins that are very risky, from most people who like to invest why choose memes, I think maybe as long as Doge continues to lead the movement then memes will continue to grow bigger and bigger.

This phenomenon has a clear reason, other altcoins that have good fundamentals already have a fairly large market capitalization, and therefore, for new investors who want to enter, it takes more time to get a big return. On the other side, meme tokens come with small capitalizations, in line with that, the returns offered will also be bigger (if the project eventually becomes big).


Memecoin are easily pumped and if you are lucky to have a handful of them because of their low cap and price which gives you high chance of making good return in investment agasnt the other well established altcoin that rather have slow market movement and also relatively high market cap and value which makes them not to be as profitable as memecoin coin most especially those memecoin with low volume those new memecoins.

But not while you can hold altcoins for sometime, memecoins on the other hand are more of gambling and for you to make anything out of them, you must first of all be willing to lose at any point, and that is why their are mostly refer to as gambling since you either win the bounty or lose your invested capital when dealing with memecoins.
hero member
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November 13, 2024, 04:56:29 PM
#2
The tendency of people seems to be looking at meme coins rather than altcoins that have fundamental projects, I don't understand what the reason behind this is, why the market is so interested in memecoins that are very risky, from most people who like to invest why choose memes, I think maybe as long as Doge continues to lead the movement then memes will continue to grow bigger and bigger.

This phenomenon has a clear reason, other altcoins that have good fundamentals already have a fairly large market capitalization, and therefore, for new investors who want to enter, it takes more time to get a big return. On the other side, meme tokens come with small capitalizations, in line with that, the returns offered will also be bigger (if the project eventually becomes big).

legendary
Activity: 1204
Merit: 1005
November 13, 2024, 12:34:54 PM
#1
The Meme Supercycle is a link that is happening in the crypto market today, seeing that the development of memes continues and grows large over time, if you look clearly today the meme coins in the top 100 marketcap are very numerous and continue to grow, such as Neiro, Floki, WIF, Bonk, Pepe, Mog, and continue to grow again and again new ones such as PNUT.

The tendency of people seems to be looking at meme coins rather than altcoins that have fundamental projects, I don't understand what the reason behind this is, why the market is so interested in memecoins that are very risky, from most people who like to invest why choose memes, I think maybe as long as Doge continues to lead the movement then memes will continue to grow bigger and bigger.

What do you think?, give us your thesis or argument. Wink
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