Topic: Will MemeCoins Fuel the Next Crypto Craze? - page 3. (Read 369 times)

Memecoin had been a significant part of bull run. Last time on the large bull run Ethereum network couldn't keep up with the bull run and congestion on ETH network led to botched pump on altcoins and specially meme tokens. But today, there are many options, Solana the leader of memecoin has been able to easily handle the large number of memecoin transactions and in case they fail, halt or is too congested, the memecoin bull would just shift to base, Ton or BSC and likes. Whatever be the platform, no other coins can give the same momentum as memecoins in the bull run.

Look, I get it - meme culture is now ingrained in how we communicate online, especially in the crypto world. We've seen the soaring popularity of meme coins like DOGE and SHIB, capturing people's imaginations and FOMO.

But what if the next big meme coin sensation came from a random underdog project? Take Maneki for example on the Solana ecosystem. This Japanese lucky cat-themed coin started as just a community meme, but now sits at a $200 million market cap after doing crazy supply burns and incentivized liquidity schemes.

Solana has been brilliant at gamifying crypto and rewarding its growing community with meme-fueled airdrops and incentives. It's like waking up to free money in your wallet - which undoubtedly helps onboard new users. And now with exchanges like Bitget listing Maneki, the hype cycle could really take off.

Let's be real, while lacking fundamentals, meme coins provide the speculation and hype that attracts newcomers to crypto. In these tough market conditions, they're among the few assets still generating profits for degenerate traders. Established assets like Bitcoin and Ethereum have become stale and boring for many.

The rising meme coin mania shows the power of community narratives and viral cultural trends in this space. If cultivated right, the next memecoin could very well capture the spotlight in 2024's bull cycle.