The SuperCycle of Meme Coins

CryptoHedgehog
14 min readJun 27, 2024

Today, we’re diving into the world of meme coins and their impact during the ongoing altcoin crisis.

Let’s begin with an old saying that’s especially relevant here:

Desperate times call for desperate measures.

This saying perfectly captures the situation in the cryptocurrency market starting in early 2024. As the usual stories about cryptocurrencies started to lose their impact, a gap was created — setting the stage for a new contender. This is where meme coins come in, unexpectedly becoming the stars of the market.

Preamble

At first glance, meme coins might seem like the latest gambling fad or a digital casino where players place bets and hope for a win. However, investing in meme coins isn’t as straightforward as spinning a roulette wheel. Unlike traditional casino games, the “rules” of trading or investing in meme coins are not commonly understood.

Today, I’m here to shed some light on these rules as they stand in 2024, giving you a clearer picture of what to expect when dealing with these unconventional digital assets.

⚠️ Please note: Following these rules doesn’t guarantee steady profits or a foolproof investment strategy.

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CryptoHedgehog

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