Pepe

Coin

The post <a href="https://coinpedia.org/news/heres-how-to-become-a-meme-coin-millionaire-during-this-super-cycle-a-must-watch-list/" rel="noopener noreferrer nofollow">Here’s How To Become A Meme Coin Millionaire During This Super Cycle: A Must Watch List</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
<a href="https://www.youtube.com/watch?v=wWt8U6829J8" rel="noopener noreferrer nofollow">Analyst Miles Deutscher </a>revealed that meme coins are currently leading the cryptocurrency market in a “super cycle,” outperforming other types of cryptocurrencies. He presented data showing that meme coins like Bonk, Pepe, and Floki have been among the top performers this year, outperforming other sectors like AI, Real World Assets (RWA), and Layer 2 solutions.&nbsp;
He added that meme coins have shown resilience even during market downturns, bouncing back stronger than many other cryptocurrencies. This shows that meme coins are likely to continue their strong performance.
For example, Pepe saw a 161% increase, and Popcat jumped 183%, while many other fundamental major altcoins like XRP and AVAX have either shown minimal gains or are down. This year, Bitcoin could potentially break 73k and reach $80-$90k, and meme coins are likely to continue outperforming due to their significant mindshare.&nbsp;
Meme coins have almost become a revolution against bloated VC coins, which tend to dump on retail investors. Retail investors are naturally gravitating towards meme coins because they offer better price action and more opportunities to make money.&nbsp;This shift reflects a broader trend in the market where crypto is driven more by hype, attention, and speculation rather than fundamentals.
Which Meme-coins Should You Focus On?
The analyst said that he’s particularly focused on meme coins like Popcat and MOG. He also keeps an eye on several others, including Nero, which is based on the new Doge dog. Despite some controversy around Nero and its confusing launch on different blockchains, it has caught his attention. MIT on Solana, NPC, and others are also on his watchlist. Pepe is also holding above a key level, and Wif is at the bottom of its range, which he considers a decent spot to bid.

Here’s How To Become A Meme Coin Millionaire During This Super Cycle: A Must Watch List

CoinPedia News

Otros artículos publicados el 30 jul 2024

Solana Overtakes Ethereum in Transaction Fees After Beating BNB in Market Cap

Chainlink Proof of Reserve Now Backs 21Shares Core Ethereum ETF

HashKey Capital Backs Catizen.AI Publisher, Signaling Strong Commitment to AI and GameFi

WTK Price Falls as WadzPay Holders Jump Ship After MEXC Listing Announcement, is a Binance Listin...

BlackRock’s ETF Chief Predicts Digital Assets in Model Portfolios by 2024

Tragic End for Bitcoin Holder: Young Crypto Investor Murdered After Robbery in Kyiv

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!