Meme coins sure get a bad rep. After all, what can you expect from coins parodying the concept of crypto itself? Notorious for their volatility, they can either be your ticket to earning big or throwing your money into the wind. However, the entire meme coin sector is experiencing a bona fide surge in popularity if we’re to go by a whopping 26% spike in value in October 2024.
At the time of writing (Halloween 24’), the meme market cap is $66 billion, and these numbers could point to a coming cycle that will drive the values of meme coins even higher. How high?
Around a trillion (that’s 12 zeros), according to some crypto connoisseurs!
Before revealing how to capitalize on this trend, we must first “crunch numbers” (woah, getting technical here) to make an informed prediction on whether meme coins are truly heading for their golden age.
How’s Shiba Inu doing?
The giant that is Shiba Inu has always been at the very top of the meme coin market. Sure, it plays second fiddle to the legendary Dogecoin, but it’s always held its ground.
No changes in that regard. Right now, the market cap is keeping it real at almost 11 billion ($10,845,993,824, to be exact), with the current value being $0.00001843 (0.7% daily increase from October 30th).
Most analysts predict the bull run will hit after this year’s presidential election in November. Will Shiba Inu continue rising in price?
If we’re to go by historic data from the last few months, there’s a high possibility that Shiba, along with Pepe and Dogecoin, will stay merrily on its upward trajectory. Shiba Inu hit its three-month peak in late September when it skyrocketed to $0.00002134, recovering from a slight dip in value that went on for most of August and September.
Overall, this looks amazing, as Shiba has been steadily rising in price since late February. In fact, this is the best time for the coin since 2022, and we’re hoping it will hit the value it had back in its heyday in 2021 when it peaked at $0.00002134.
Is this a fluke, though?
No! Pepe’s trajectory looks almost the same. We’d say it’s even more impressive as its current value is ten times higher than in 2023. Same with Dogecoin that’s been steadily rising since September.
How to strike gold with meme coins
If you could know with 100% certainty that the super cycle is happening, what would be the best approach?
Well, you can build your portfolio using big coins like Dogecoin, Shiba Inu, and Pepe, but don’t forget that an effective crypto portfolio has a mix of smaller and larger assets.
The same applies to your meme coin portfolio. You want to diversify and invest in classic meme coins, as well as some hidden gems. The reason why is simple – for massive gains, you need low-cap coins with a solid upside potential.
For example, Shiba Inu’s market cap currently exceeds $10 billion, leaving little wiggle room for fast earnings. This is why you should track down coins with a market cap that falls between $10 – $100 million.
Don’t need to look far, though. There’s a perfect coin out there that is bound to help you knock it out of the ballpark by the end of the bull run, and its name is Shiba Galaxy.
Shiba Galaxy for the win
Currently in its pre-sale phase, Shiba Galaxy ($SHIBG) is what your meme coin portfolio is just screaming for. Not only is it tough to catch quality meme coins this early, but this one is more than just an Internet joke.
Shiba Galaxy is an entire ecosystem building its own L2 blockchain dedicated entirely to meme coins. Offering low-fee, high-speed bridging between Shiba Galaxy Chain and Ethereum, Shiba Galaxy is a game-changer.
The ecosystem will have a dedicated builder and goodies like a block explorer – all of which is pretty much unheard of for meme coins.
Plus, Shiba Galaxy is foolproof, offers top-notch security to users, and has already been audited, meaning you’re safe to invest as soon as you finish reading this piece.
You’ll also be happy to learn this coin will fit right in your portfolio and help your diversification efforts. Currently, the market cap of Shiba Galaxy is $30 million, making it a perfect coin to hold while you brace for the exciting meme coin super cycle.
The best way to describe this coin is to say it’s a meme coin with a low price point and a growth potential of larger crypto assets. For instance, you can grow your bag by staking Shiba Galaxy at an APR of over 7000%.
Absolutely unheard of!
Ready to ride the bull?
This year could be the one where our crypto lives magically transform! The bull run is just around the corner and so is the once-in-a-lifetime meme coin super cycle you would be a fool to miss out on. Meme coins are already rising in value, so you better act quickly and get as many assets at a low price before everyone and their mother find out!
You know what you need to do – get out your wallet, purchase some good old Shiba Inu, and top it off with a dash of Shiba Galaxy.
Join the presale now and ride the bull early!
Source: https://www.crypto-news-flash.com/why-meme-coins-are-this-bull-runs-golden-ticket/?utm_source=rss&utm_medium=rss&utm_campaign=why-meme-coins-are-this-bull-runs-golden-ticket