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Cryptocurrency News Articles

tokens are created each month, it’s no wonder that investors are turning to meme coinsoutput title: Best Meme Coin Supercycle Tokens to Invest in – Top 9 Listoutput description: Here is a complete list of the best meme coin supercycle tokens that could po

Oct 24, 2024 at 03:48 am

Here is a complete list of the best meme coin supercycle tokens that could potentially yield parabolic profits this year or next. By Murad Mahmudov.

tokens are created each month, it’s no wonder that investors are turning to meme coinsoutput title: Best Meme Coin Supercycle Tokens to Invest in – Top 9 Listoutput description: Here is a complete list of the best meme coin supercycle tokens that could po

0% of all cryptocurrency traders are day traders, it comes as no surprise that meme coins are among the most sought-after assets in the digital currency space.

External Reasons

Here are some external factors that have contributed to the rise of a meme coin cycle in the cryptocurrency industry.

Meme Coins Offer a Sense of Community, Belonging, and Shared Emotions

Meme coins are typically born out of a shared experience, whether it’s a collective emotion toward an event, a famous personality, or a trending topic. These shared experiences quickly unite people, forming a community around the project.

For example, during the U.S. presidential debate, a group of crypto enthusiasts created FreeDum Fighters (DUM) to support their candidates. This quickly snowbaled into a community project, where people debated on social media platforms and earned tokens for their participation.

Another example is Pepe Unchained (PEPE), a meme coin that created its own blockchain and narrative, aiming to liberate Pepe from the constraints of the Ethereum network. These narratives quickly capture the attention of crypto users and help build a strong community around the project.

Meme Coins Are Often Low-Cost Assets with High Upside Potential

Meme coins are usually launched at a very low price, ranging from $0.0001 to $0.01. This low entry price attracts many retail investors, especially those who missed out on the early pumps of high-cap tokens like Bitcoin and Ethereum.

For instance, a token like Shiba Inu (SHIB) was launched at $0.00000001 and quickly pumped to reach an all-time high of $0.00008, offering early investors a return of over 800,000%.

These astronomical gains in a short time are what drives many traders to quickly hop on the meme coin bandwagon, aiming to generate quick profits.

Meme Coins Are Often Backed by Strong Communities, Which Can Drive Their Value

Meme coins are often born out of a shared experience or collective emotions, quickly uniting people and forming a community around the project. These communities are a key factor in driving a meme coin’s value.

For example, a group of crypto enthusiasts created FreeDum Fighters (DUM) to support their candidates during the U.S. presidential debate. This quickly snowbaled into a community project, where people debated on social media platforms and earned tokens for their participation.

Another example is Pepe Unchained (PEPE), a meme coin that created its own blockchain and narrative, aiming to liberate Pepe from the constraints of the Ethereum network. These narratives quickly capture the attention of crypto users and help build a strong community around the project.

Meme coins are usually launched at a very low price, ranging from $0.0001 to $0.01. This low entry price attracts many retail investors, especially those who missed out on the early pumps of high-cap tokens like Bitcoin and Ethereum.

For instance, a token like Shiba Inu (SHIB) was launched at $0.00000001 and quickly pumped to reach an all-time high of $0.00008, offering early investors a return of over 800,000%.

These astronomical gains in a short time are what drives many traders to quickly hop on the meme coin bandwagon, aiming to generate quick profits.output: Murad Mahmudov, a cryptocurrency influencer and self-proclaimed “Bitcoin maximalist,” has recently shifted his focus to meme coins, introducing a bold theory he calls the “meme coin supercycle.” This theory suggests that we are currently in a phase of the bull market where meme coins will continue to surge until Bitcoin becomes the standard.

His logic is based on the observation that the market is currently experiencing a "meme coin frenzy," with more successful meme coins emerging compared to any "utility-focused altcoins" this year. But among the vast sea of meme coins, which are the best to buy in this supercycle? This guide will delve into that question while exploring the supercycle theory in depth.

Best Meme Coin Supercycle Tokens to Invest in – Top 9 List 

Here is a complete list of the best meme coin supercycle tokens that could potentially yield parabolic profits this year or next.

Review of the Best Meme Coin Supercycle Tokens of 2024

Here is a complete insight into the best meme coin supercycle tokens to invest in this year. All of these projects have built strong communities, united by shared emotions. The degens supporting these projects are likely to rally together, further driving their value in the coming days.

Pepe Unchained – Pepe-Inspired Token with Its Own “Unleashed” Narrative

Pepe Unchained is a meme coin that could potentially be considered a meme coin supercycle token due to its high viral potential, blended with a unique approach to bringing the community together. The project portrays Pepe as a simple frog-themed meme but adds a unique mechanic that

News source:insidebitcoins.com

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Other articles published on Nov 14, 2024