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Memecoin Season – Understand and Win in Bull Market
Introduction
All the researches telling us that we have memecoin season in this bull market. Indeed, it’s how things are happening on cryptocurrency market and today little bit more about it.
This topic is extremely interesting and still on time. In this article I write about memecoin season, about some memecoins (not all), where we are right now in this season. What’s more I will write about previous and next bull run in case of memecoin season.
Please read, share and comment it!
Let’s get to the job.
About Memecoin season
As like the name explain itself – memecoin season is time when a lot traders, buy or sell memecoins. Simple as that. Just take a look on the 100 first market caps on Coingecko or Coinmarketcap. What do you see?
In the moment of writing this article there were 7 memecoins on the list. What do they are?
Dogecoin – 8th, Shiba Inu – 20th, PEPE – 33th, Official Trump – 34th, BONK – 64th, Pudgy Penguins – 88th place and last one, FLOKI – 100th. Those projects are on the top, but as far as, they are memecoins, especially memecoins on Solana blockchain were in huge demand.
Let’s look little bit more into list and explore next 200th places on the list.
dogwitfhat – 102th, SPX6900 – 110th, Fartcoin – 113th, Binance-Peg Dogecoin – 126th, Brett – 130th, ai16z – 138th, MEOW – 151th, Gigachad – 171th, Toshi – 178th, Mog Coin – 185th, Snek – 191th, Notcoin – 192th last in this list, aixbt by Virtuals – 196th place.
You can think what’s the point you writing all about this worthless coins?
First let’s come back to some facts. 7 memecoins with 100 first the biggest market caps, 20 memecoins among 200 the biggest market caps. It’s 10% all the biggest market caps. They all are community driven and most of the time have great marketing strategies for promotion.
Two of them Dogecoin and Shiba Inu are representants of Bitcoin and Ethereum blockchain.
What Memecoins Are on the Radar?
In this section definitely I will writing about memecoins from the top. First of all, I am not convincing anyone to invest or trade, but give you the safest solution – tip on this market.
In my opinion on the radar are memecoins like.
Still king among memecoins and still you can make a lot of money if you will be smart.
On the second place is ShibaInu – this memecoin actually is utility token in ShibaInu exchange Shibaswap.
About PEPE I have really nothing interesting to write. One thing you can be sure – hype on this memecoin is huge. It’s was the first memecoin with achieve $1 billion market cap evaluation, but then it came Official Trump coin and change the game completely! About this case just in seconds in next section.
About this memecoin I am writing separate section. Memecoin is legend already!
Solana memecoin and as like you know if you read this blog that Solana memecoins is in demand in this bull run.
Second Solana memecoin on the list.
Next Ethereum memecoin just behind ShibaInu on the list. Memecoin with utility, just telling you.
For sure I can write those memecoins are risky, but among all another memecoins they are the best choice. There is still demand on them, they reached enough market capitalization and they are listed high! Don’t miss it, but it’s not investment recommendation.
I never convince anyone to put any cent on memecoins. Just writing about opportunities in memecoins season and the best of them.
Ok, so it’s time to write about Official Trump coin and legend itself.
Memecoin Season and Trump case
This is simply amazing how Official Trump reach $1 Billion evaluation. It’s indeed. This memecoin were launched on exchanges and soon after it reach just in the hours ton of evaluation.
I am pretty sure behind Official Trump launching were very powerful personas like Elon Musk itself. How don’t know Elon?
If you have very rich insiders sky is really limit. I will just mention in the same day were launched Melanie meme. In both cases were used Solana blockchain.
Memecoin season End or Just Beginning?
Because cryptocurrency market is very speculative I don’t think memecoin season is it the end. For sure there will be people whose came to the market just make money in the fast way and results will be drastic, but true is true.
Last bull market also show that, it’s highly probable that next bull runs will have another memecoins runs.
With all that said, memecoin season not finished in this bull run and in next it will happen for sure. Reason is simple? The nature of the market and its participants.
Bull Runs and Memecoin seasons
Last Bull Run
The last bull run there were just 2 actors – Dogecoin and ShibaInu. Doge were first ever listed on below 10th place according to market capitalization.
Dogecoin is the memecoin that paved the way for the rest. He was immediately followed by ShibaInu, who was sold in the story of Dog’s killer.
Well, let’s see below how the ShibaInu is doing.
In the case of Shiba Inu, the narrative is similar to that of Ethereum and Bitcoin. In fact, both memecoins represent both blockchains.
ShibaInu in my option has huge potential. It’s little bit speculation, but please take a look little bit just below. Maybe then you will change your mind, if not that’s ok. I am fine.
What do you see? I see very positive grade by independent auditor! Only fundamentals has grade 83.12, but project is intensively developed. You don’t believe me, just take a look for Skynet website.
Next Bull Run
We still don’t know how many memecoins will be on the 100th list after finishing this bull run. For sure it will be at least 10 memecoins. Next bull run can bring even more meme projects among 200th market capitalizations.
By the way, let’s concentrate what will happen till the end of this bull run.
Conclusion
Memecoin season is the time on cryptocurrency market when a lot of traders or investors looking only for memecoins to trade. Last year were especially Solana memecoins season, but memecoin season isn’t end.
We still have bull run ahead and sky is the limit. Just be sure:
To the moon part on cryptocurrency market is just ahead. Memecoin season is just a part of it.
Don’t miss it and take smart decision before the end of memecoins season. Cheers!
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