The evolution of meme coins
It might seem funny, but there’s a lot to think about here.
The market has been developing since 2013 when the first meme coin $DOGE appeared.
🟠In the world of memes, $DOGE is like Bitcoin in the world of crypto.
The second chart shows that $DOGE's dominance is declining relative to other memes.
🟠The second category by dominance is frogs.
🟠The third category is cats.
🟠The fourth category is internet cults.
🟠The fifth category is intelligent AI.
Just as there is an alt season in altcoins, there will also be a meme season.
The growth of memes this year is just the beginning; we haven’t even entered exponential growth yet.
The total market cap has grown over the year from 20 to 100 billion.
I expect the total market cap of memes to be between 500 billion and 1 trillion in this cycle.
I recommend keeping an eye on intelligent AIs, cats, internet, and crypto cultures.
