Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The cryptocurrency market is experiencing a shift in perception towards memecoins, indicating a potential turning point in their legitimacy and market appeal. Memecoins are expected to either see significant growth or face failure, with the survival of top memes likely to thrive amidst retail liquidity. Memecoins are viewed as a key indicator of retail involvement in the bull market, with capital flowing from traditional projects to meme coins. While memecoins are on the rise, it is advised to maintain a balanced portfolio with major cryptocurrencies like BTC, ETH, and SOL. Despite the growing popularity of memecoins, a large majority are expected to become obsolete due to insufficient liquidity and poor quality, emphasizing the importance of selecting strong performers for long-term success.
Memecoins are here to stay as an asset class but 99% will go to 0, much like pfps from 2021 There's just not enough liquidity to support all of these coins across all of these chains, and quite frankly, most are trash The ones that survive until retail arrives will do well tho
Memecoin supercycle and all but the max pain outcome is a big move higher in majors while memes go lower. Memecoins do best when majors are stable. IMO make sure have healthy bags in majors (BTC, ETH, SOL) and rotate some portion of profits to stack those in size. For the…
Agree with most but 1 thing: mass retail isn’t here yet. Memecoins outperformance is mostly crypto native capital flowing from « serious » projects to memes and embrassing the nihilist thesis the same way eth money flew to solana since q4 2023 If mass retail were here,… https://t.co/7GiIEBP2RF