In fact, what many people are concerned about is not the altcoin season but the MEME season,
The good news is that the memecoin market is showing signs of a comeback, let me share my observations.
First, the Memecoin launcher Pump.fun set a new weekly revenue record of approximately $13.48 million in mid-August.
This indicates that the demand for users to issue new coins and engage in quick trades is very strong,
which is one of the most critical leading indicators for the memecoin market.
Additionally, the altcoin market continues to approach high FDV, and the imagination for price increases is lacking, making it difficult to escape the altcoin predicament seen last year.
Furthermore, the total market capitalization of stablecoins has reached about $277 billion, constantly touching historical high ranges; even if a portion drips off, it can quickly leverage the return of the MEME market.
The regulatory stance is also very clear; SEC staff have stated that most memecoin transactions do not constitute securities issuance but will enforce laws against fraud and Rug pulls.
Currently, besides monitoring the total market capitalization of stablecoins, the best observation targets are the weekly revenue and new coin issuance numbers from platforms like Pump.fun, as well as the gold rush sentiment on the Base chain, mini-games and airdrop interactions on the TON chain.
Similar to the last round, the meme market will be more frequently anchored to themes related to the real world, such as politics (elections/celebrity memes), sports events, and pop culture occurrences; however, it can be stated for certain that the next window of opportunity for the meme market will definitely be shorter, and the switching of hot topics will be faster.
