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Home Blockchain

As Experts Predict a Meme Coin Supercycle, are These the Best Cryptos to Buy?

by DigestWire member
October 15, 2024
in Blockchain, Crypto Market, Cryptocurrency
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As Experts Predict a Meme Coin Supercycle, are These the Best Cryptos to Buy?
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The post As Experts Predict a Meme Coin Supercycle, are These the Best Cryptos to Buy? appeared first on Coinpedia Fintech News

Chatter is circulating about a “meme coin supercycle.”

Simultaneously, any objections are being crushed by the sector’s continuos outperformance against the broader market.

One of the most prominent voices fueling the supercycle thesis is outspoken meme coin trader Murad Mahmudov, an ex-Bitcoin maximalist who believes meme coins are about to reach unprecedented heights.

However, he’s far from the only one. Analyst Curb recently explained the thesis with the help of a chart.

According to the chart, the meme coin supercycle is a four-year bubble that will reach the epitome of its gains in late 2025. 

The chart shows that we are just recovering from the first selloff, and parabolic growth will commence in 2025.

Should this occur, huge profits await meme coin bag holders. With that in mind, let’s explore three cryptos that might perform best.

Pepe Unchained 

Pepe Unchained is undergoing a presale, offering investors a chance to buy at a ground floor price before it lists on exchanges.

With a meme coin supercycle potentially ahead, this could be a massive opportunity. 

However, Pepe Unchained is not an ordinary meme coin – it’s the first to have its own blockchain. The team is building a Pepe-themed Ethereum layer 2 network that will be 100x faster and much cheaper than Ethereum.

Moreover, it will include features like a block explorer, a dedicated Ethereum bridge, staking, and a decentralized exchange.

Imagine a blockchain made solely for meme coins. Developers could launch meme coins or even meme coin-related apps. The best part is that the $PEPU token would have exposure to all the ecosystem utilities. 

It’s like how the SOL price exploded to over $80 billion, primarily fueled by memetic activity on its chain.

The Pepe Unchained presale has raised $19.5 million so far. The current price is $0.00998, but this will rise throughout the campaign.

Retardio 

Retardio is one of the tokens on Murad’s “highest conviction” list. Murad’s influence has caused rapid price increases lately, with another of his high-conviction tokens, SPX6900, up over 2,400% this month.

Should Murad’s influence continue to grow, Retardio could be one of this cycle’s biggest gainers.

Like Pepe Unchained, Retardio separates itself from other meme coins with utility. They’ve created a meme coin casino that lets users bet on real-world events.

However, in typical meme coin fashion, the betting options on Retardio Casion are a lot more “degen” than usual. For instance, people were wagering whether viral Florida man “Lieutenant Dan” would survive riding out Hurricane Helene on his boat.

Retardio does an excellent job of embracing meme culture while providing alternative ways for holders to use tokens.

Currently, Retardio is trading at $0.1599, down 15% today, up 103% this week, and 288% this month. It has a $157 million market cap and a $11.7 million 24-hour trading volume.

Dogwifhat

As new liquidity pours into the market, the majority will flow to large-cap memes. In this cycle, the two dominating projects are Pepe and Dogwifhat, decisively outperforming Shiba Inu and Dogecoin.

However, one of Dogwifhat’s big advantages is that it’s on the Solana network, which is cheaper to use than Ethereum. 

Ethereum’s high gas fees may deter new users, who could gravitate to Dogwifhat instead. This is also why Pepe Unchained is seeing major success.

Dogwifhat is currently the leading meme coin on Solana. 

This juncture appeals to a broad range of people: smaller traders who want a relatively safe “set it and forget it” bet and whales who need deep liquidity to prevent significant price impact.

As such, the forthcoming meme coin supercycle could see significant inflows to WIF, causing its price to soar.

Currently, WIF is trading at $2.79, up 7% today, 74% this month, and 1,538% this year. Its market cap is $2.75 billion, and its 24-hour trading volume is $746 million.

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