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Cryptocurrency News Articles
SIGMA Meme Coin Smashes New ATH, Are We Watching The Raising Of A New Cult Meme Coin?
Nov 07, 2024 at 07:25 pm
SIGMA, the Solana-based meme coin inspired by the “Sigma Man” archetype, has experienced an impressive surge. Are we witnessing the creation of a new cult
Solana-based meme coin SIGMA, inspired by the “Sigma Man” archetype, has seen an impressive rally. Now, as the meme coin gathers steam, some speculate whether SIGMA could join the ranks of “cult” coins.
The Sigma Man concept has become a viral meme on social media platforms such as TikTok and Instagram. It embodies the concept of the self-reliant, independent individual who defies society's norms. This archetype has resonated strongly with many, especially during these times of uncertainty.
As the “Sigma Man” meme continues to spread and gain traction, SIGMA, the meme coin, has also seen increasing attention and interest within the crypto community.
The coin, which began the year at around $0.03, has seen its value multiply as the year has progressed, especially during the past few months. At the time of writing, SIGMA is trading at around $0.13, showcasing a substantial gain from its earlier price points.
Recently, a tweet brought attention to SIGMA's impressive rally, which has seen the coin quickly catching up to other “cult” coins in the market. The tweet includes a chart that follows SIGMA's price movements throughout the year.
“$SIGMA catching up quickly to the other cult coins. Blink and we’ll be at 200m. Take a nap and we’ll be at 300m,” the tweet reads.
The chart begins the year at $0.03 and shows SIGMA's impressive ascent to its current price levels, offering a visual representation of the coin's remarkable surge.
As SIGMA continues to rally, some speculate this Solana meme coin could be one of those “cults” Murad, the well-known influencer, is bullish on in the potential upcoming meme coin SuperCycle.
Murad has suggested that coins with a strong cultural narrative and loyal following could be poised to explode in value during this cycle.
SIGMA certainly fits this bill, appealing to individuals who identify with the Sigma Man's values of independence and self-reliance. If the “Sigma Man” movement keeps spreading and this trend gains more steam, SIGMA may continue its climb, potentially pushing toward new highs in the near future.
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