What is a meme coin supercycle? Emerging cryptos to buy now pre-launch
The 2024 "meme coin supercycle" predicts meme coins will outperform traditional cryptos through 2025, fueled by financial nihilism and straightforward speculation. Traders are flocking to new meme coins like Pepe Unchained, FreeDum Fighters, Crypto All-Stars, Flockerz, and Memebet, each offering unique utilities and high-growth potential amid presales.
Meme coin supercycle is a term that has made waves in 2024, utilized by everyone from degen meme coin traders to respected media outlets.
So what is it? Is it real? And if so, what are the best tokens to buy to take advantage? We answer all these questions in this article.
Meme coin supercycle: a product of the most ¡°honest¡± altcoin utility
Even without counting the many scandals since 2022, crypto has fallen short of its marketed ability to change the world.
We were told that new use cases would revolutionize everything from banking to grocery shopping. But we got meme coins, NFTs, and a whole load of negative media coverage instead.
FTX, Luna, and 3AC sent the industry into previously unimaginable capitulation, and there were countless more instances of scams and mishaps which bulldozed crypto¡¯s reputation.
Many traders let go of the decentralized utopia they once believed in, rotating into the asset class which continued to provide gains despite making no promises: meme coins.
Enter: meme coin supercycle.
It¡¯s the idea that meme coins will outperform everything over a 4-year period, which begun in 2023 and will top in late 2025.
2023-2026
¡ª Curb¡ò (@CryptoCurb) October 9, 2024
MEME COIN SUPER CYCLE
Bubble Stages Chart pic.twitter.com/U6W6sgzWbZ
The term was popularized by a degen meme coin trader, Murad Mahmudov, who presented a well-thought-out thesis at a crypto summit in Singapore in September.
Paradoxically, Murad is also an avid Bitcoin maximalist. That is to say that he believes Bitcoin offers the only ¡°real¡± utility in crypto. Everything else is purely speculation.
Murad and other proponents of the meme coin supercycle thesis argue that meme coins are the maturation of altcoins, embracing their true essence which is speculation.
It¡¯s a long-term preliminary red flag for the overall economic system, but as far as Crypto is concerned it actually represents a Maturation of the space, a mask-off moment.
¡ª Murad ?? (@MustStopMurad) October 3, 2024
These things are literally no different from all the Altcoins in 2014¨C2024. In fact they are more honest.
Or as Basel Ismail, CEO of investment analytics platform Blockcircle, told Cointelegraph:
¡°Memecoins fundamentally don¡¯t try to deceive you and lie and try to make false promises and uncompleted expectations. People value that.¡±
Interestingly, the swelling prominence of the meme coin supercycle is taking place at a time when financial nihilism is growing in the Western world.
This is happening because inflation is rising while upward social mobility becomes harder to attain. The product is a sense of collective hopelessness and that ¡°nothing really matters,¡± at least in a financial sense.
The state of our exit liquidity's savings (now negative)
¡ª Clemente (@Chilearmy123) June 18, 2024
Who is buying crypto when they can't even buy groceries?
Financial Nihilism = memecoin supercycle pic.twitter.com/m2mFucgxuL
So, that¡¯s the theory behind the meme coin supercycle thesis, but now the question becomes, ¡°Is it real?¡±
To give a simple answer: yes, it¡¯s real.
Essentially, over every time frame, meme coins have done a better job providing investors with bigger gains than their ¡°utility coin¡± counterparts this cycle.
For instance, let¡¯s compare the gold standard of meme coins to the gold standard of crypto: Dogecoin against Bitcoin.
DOGE is up 25% this month and 110% this year, while Bitcoin is up 5.6% this month and 98% this year.
And let¡¯s compare Solana-based Dogwifhat to the native SOL coin as another example.
WIF is up 23% this month and 1,352% this year. Meanwhile, SOL is up 14% this month and 452% this year.
The gap gets even bigger on smaller meme coins. First Neiro On Ethereum rose 8,000% in one month recently, and Murad-backed SPX6900 exploded 7,000% in one month.
With SPX6900¡¯s rise, Murad reportedly generated over $23 million in profits after investing just $387K.
Murad(@MustStopMurad) made $23.6M on $SPX in just 4 months, a 61x return!
¡ª Lookonchain (@lookonchain) October 9, 2024
According to the addresses published by @zachxbt, @MustStopMurad spent only $387K to buy 35.69M $SPX through 4 addresses from Jun 2 to Aug 16, currently worth $24M!
Closely monitor these addresses to see¡ pic.twitter.com/cyYIrTdcLo
Meme coins are providing gains unattainable in any other financial market. Believing in the meme coin supercycle is a matter of personal choice, but many of those who do, like Murad, are becoming absurdly rich.
That should tell you that the meme coin supercycle is very much real.
What are the best-emerging cryptos to buy for the meme coin supercycle?
As the meme coin supercycle advances, investors are scrambling to take positions that could yield disproportionate gains.
Pepe Unchained
Right now, the token everyone is talking about is Pepe Unchained. That¡¯s because $PEPU is not just a meme coin. It¡¯s also building an Ethereum layer 2 blockchain for meme coins.
So, while it benefits from the viral allure of being a meme coin, the token will also have a tangible utility demand stream, providing the best of both worlds. It¡¯s currently undergoing a presale and has raised $22 million so far.
FreeDum Fighters
Another presale meme coin showing the potential to explode is FreeDum Fighters. Many meme coins that recently exploded tokens like SPX6900 are not geared around animals but around some kind of viral personality.
FreeDum Fighters is a satirical representation of the US presidential election, featuring MAGATRON and Kamacop 9000. Indeed, that has tons of viral potential.
It¡¯s a witty project that is on trend given the ongoing elections, but it also has utilities like staking and weekly debates, potentially making it more interesting than other emerging meme coins as the meme coin supercycle unfolds.
Crypto All-Stars
Amid the meme coin supercycle Crypto All-Stars offers investors a way to compound their gains. It¡¯s building a meme coin staking app that lets users earn $STARS rewards for staking DOGE, SHIB, PEPE, BONK, and more.
However, users must hold the $STARS token to access it, tying all the top meme coin communities together and providing a long-term demand stream. $STARS is undergoing a presale and has raised $2.7 million so far.
Flockerz
One of the big issues that meme coins face is centralization. This could prevent some crypto traders from getting involved who prefer to invest in decentralized projects. This was even evident with Pepe in 2023 when its team members stole $15 million.
But the emerging token Flockerz has the answer.
It¡¯s a meme coin with a ¡°Vote-to-Earn¡± DAO. Users can vote on-chain to shape the project¡¯s future - and they¡¯ll get paid for it.
Flockerz is undergoing a presale and has raised $1 million so far.
Memebet Token
Murad says that speculation is the ultimate form of utility for altcoins, and if he¡¯s correct, then Memebet could become one of the top joke tokens on the market.
That¡¯s because it has its own crypto casino called Memebet Casino. But it¡¯s not only $MEMEBET which users can wager. They can also bet on casino games and sportsbook events using DOGE, SHIB, PEPE, and more.
Memebet is also undergoing a presale and has raised $500K so far.
At Indiatimes, I handle the text-based branded content section. Some might say it's a Bengali's natural flair for storytelling that fuels my passion for crafting catchy concepts and turning them into engaging articles.
