Our research predicted why memes were poised to be highest performing sector of this cycle so far. In this report we revisit the thesis to discuss why memecoin supercycle round 2 starts now..
Great post Roost. What sectors of the memecoin market do you think the liquidity from $GME will roll into? Do you think it's better to hold spot positions on memes that have proven themselves so far this market or take bets on new emerging coins based on popular narratives going on right now?
Thank you Skurtius, it’s anyone’s best guess but think try to frame it in the way of what cultural phenomenon could rise after gme? Is it cat coins, other meme stocks as coins, the political narrative or pop culture narrative. One meme you could put on your watchlist is $Wynn the Anita Max Wynn meme made popular by Drake who is an influencer for online casino stake at the moment. I think this is a similar play but gme could also be a black hole of liqidity. As I said anyone’s best guess.
Great post Roost. What sectors of the memecoin market do you think the liquidity from $GME will roll into? Do you think it's better to hold spot positions on memes that have proven themselves so far this market or take bets on new emerging coins based on popular narratives going on right now?
Thank you Skurtius, it’s anyone’s best guess but think try to frame it in the way of what cultural phenomenon could rise after gme? Is it cat coins, other meme stocks as coins, the political narrative or pop culture narrative. One meme you could put on your watchlist is $Wynn the Anita Max Wynn meme made popular by Drake who is an influencer for online casino stake at the moment. I think this is a similar play but gme could also be a black hole of liqidity. As I said anyone’s best guess.