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Despite market turbulence, some believe meme coins like Doge, Wif, and Pepe are here to stay, potentially becoming a trillion-dollar asset class. Memecoins are seen as a cultural phenomenon with long-term value, akin to NFTs in the previous bull market. While some industry figures have changed their stance on memecoins, retail investors have faced losses amidst the rise of anon scammers. Memecoins are viewed as a new form of store of value, with their popularity likened to the lasting impact of iconic memes like Pepe and Wif.
One thing that has become quite evident: memecoins are to this bull run what NFTs were to the last one. ✅ Speculation ✅ CT going wild / social network effects ✅ Extreme volatility All we are missing is celebrity endorsements.
Memecoins are gonna be a trillion dollar asset class. What do you think doge, wif and pepe are at? A lot. I don’t look at the top memecoins as quick flips. I literally think they are Apple stock at $5. Will happily hold for 10 years as a small slice of portfolio
It took a decade for any new memes to grab Doge-level mindshare like pepe and wif. They really broke thru super hard. Top 50 on coinmarketcap is no joke. They ain’t going nowhere imo, the genie is out the bottle. Will be around forever now