Dogecoin, Shiba Inu, Dogwifhat Among Top Picks For This Researcher's 'Meme Coin Supercycle' Thesis
Portfolio Pulse from Khyathi Dalal
TradeTheFlow, a crypto and macro researcher, has presented a thesis on the rise of meme coins, suggesting they are becoming a new asset class within crypto. This thesis categorizes meme coins into Original (OG) memes like Dogecoin (DOGE) and Shiba Inu (SHIB), Solana memes, and Base memes. The researcher argues that the popularity of meme coins is driven by societal shifts towards high-risk investments and a rebellion against traditional financial systems.
April 16, 2024 | 1:04 pm
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POSITIVE IMPACT
Dogecoin, highlighted as an Original (OG) meme coin, is positioned as a leader in the meme coin supercycle, suggesting potential for increased attention and investment.
Dogecoin's mention as an OG meme coin and its historical popularity, especially during bull runs influenced by high-profile endorsements, positions it for potential short-term gains as interest in meme coins grows.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Shiba Inu, also categorized as an Original (OG) meme coin, could benefit from the growing interest in meme coins, indicating a positive short-term outlook.
Shiba Inu's inclusion as an OG meme coin and its part in the meme coin narrative suggest it could see increased investor interest and potential price appreciation in the short term.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 85