Post
Topic
Board Speculation (Altcoins)
Re: Memecoins at Hyperliquid That Could Make it Big
by
tokeweed
on 20/08/2024, 11:30:19 UTC
Ah fellow Hypurrliquid enjoyer here! $PURR has been on a downtrend for since reaching the $0.22 ATH last month, following the overall market trend. Holding a bag myself, but I'm not too worried - in it for the long game and those juicy points.

I have a tad over 1300 points in just 5 weeks of holding and trading.
Impressive stack. That's over a milly (if we reach $800 per point Cheesy)

Yup yup.  Wink 

And oh man...  If the 800 meme really manifests, that would be enough for me to relax from all this crypto trading sht a bit and just bet on the UFC.  Grin

I dont know frenn but the market for memecoin is at bubble in my opinion because there are a ton of memecoin everyday floating around the market, if you look at the dexscreener you can see a lot of memecoin being actively traded and some of them are dead, and if you look at the site like pump.fun you can see memecoin creating each second.

The article says it all "According to DeFiLlama data, the platform's cumulative revenue is currently at $94.5 million, up from $50 million at June's end. Since launching in Jan. 2024, the platform has facilitated the generation of over 1.8 million memecoins, leveraging Solana's low transaction fees." - https://www.theblock.co/post/311726/pump-fun-nears-100-million-cumulative-revenue-within-eight-months-of-launch

Sure...  Bulls come and go but you know what?  I think the massive buy ups we've seen this year on memecoins was not actually it.  There's gonna be a more massive one coming next year or 2026 that could make memecoins like WIF or PEPE trend up to 50b market cap.  But not yet.  It will prolly happen like last time when memes got huge money coming in at near the end of the bull market.

Dunno tho..  But be on the look out for the more popular memes.