There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.
At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?
I think the memecoin cycle is because before the bullish hype, memecoin started to rise again, lots of people bought memcoin so they could get rich quickly and there were also a lot of memecoin listings on big exchanges because of that, community interest started to transition from altcoin to memecoin, but that was only temporary, I think because You could say that the person who buys it first is the one who profits, just like gambling, that's what I think