How to Ride the Next Memecoin Wave to 100x
Published: 2024-01-13
Status:
Available
|
Analyzed
Published: 2024-01-13
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The speaker believes it's possible to identify meme coins with the potential to generate millions for investors.
"We think that the answer is yes and by the end of this video you'll know exactly how you can find mem coins that could turn you into a millionaire"
Pending
The two primary meme coin themes currently are dog-themed and meme-themed (like Pepe), but new themes are expected to emerge.
"for the time being these seem to be the two biggest mem mem coin themes but it's possible that we will see new ones emerge"
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New meme coin themes are predicted to be more crypto-ecosystem specific, potentially using slang like FOMO or FUD.
"it's possible that these new mem coin themes are likely to be more specific to the crypto ecosystem itself and could involve references to popular crypto slang like fomo or fud"
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Elon Musk mentioning dog-related topics on X (formerly Twitter) is a catalyst that can cause dog-themed meme coins to rally, even after they have flatlined.
"Basically something related to the meme coin and the classic example here is of course Elon Musk referring to anything dog related on Twitter AKA X this almost always causes dog related meme coins to Rally even if they've completely flatlined"
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A rally in similar meme coins can act as a catalyst for smaller, similarly themed meme coins to also pump.
"similarly a sudden rally among similarly themed mem coins could be enough to cause other smaller ones to pump"
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Catalysts for meme coins to hit new all-time highs are sequential, starting with general theme/niche events, followed by specific events like listings on CoinMarketCap or CoinGecko.
"first something happens that's related to the mcoins theme or the mcoin niche in general Next something happens that's related to the coin specifically this something is often a listing on coin market cap or coin gecko or both"
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Following listing on price tracking sites, meaningful developments like NFT collections, tokenomic changes, or partnerships can act as further catalysts for meme coins.
"once a mcoin has been listed on a crypto pric tracking website the next catalyst is typically a more meaningful development from the memec coin itself this can be the introduction of some nft collection a change to the crypto tokenomics or even a partnership with a bigger crypto project"
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Successful traction from previous catalysts can lead to the ultimate catalyst for meme coins: listing on centralized exchanges.
"assuming a mcoin gets enough traction from these more meaningful catalysts then it opens the door to the biggest Catalyst of all listing on centralized exchanges"
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Listing on a US-based cryptocurrency exchange is predicted to mark a local top for most meme coins.
"from what we've seen listing on a US crypto exchange seems to mark the local top for most meme coins"
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The trend of meme coin hype is expected to accelerate as people become more disillusioned with the traditional financial system.
"this trend will only accelerate as the futility of the existing Financial system becomes more apparent to the average person"
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The increasing establishment of meme coins as an asset class could lead to a more vibrant crypto community and the creation of more millionaires.
"this will hopefully result in some positives such as a more vibrant crypto community and a few more millionaires being made along the way"
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A potential rise in interest rates could effectively eliminate meme coins as a distinct crypto niche.
"what if it's the former then that means an environment of higher interest rates if it comes could effectively erase meme coins as a crypto Niche"
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Regulatory targeting of DeFi could also negatively impact the meme coin niche.
"the same could happen if defi is targeted by Regulators"
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The price of the Coin Bureau Club membership will increase on January 15th.
"be sure to sign up soon because prices will rise on the 15th of January"
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