Cryptocurrencies are collectively under-allocated to memes.
Memecoins are slowly gaining momentum.
The memecoins rally for the next four months depends on users’ sentiments.
According to a massively followed crypto personality on X, cryptocurrencies are collectively under-allocated to memes. With approximately $50 billion in market capitalization, memecoins make up about 2.5% of the total crypto market share, and the crypto user thinks they are slowly gaining momentum.
crypto is collectively underallocated to memes ($50B of $2.2T, 2.5%), & they are slowly gaining momentum in attention
best trade of next 4 months will be identifying which memecoins have
• long accumulation period
• cult community on twitter
• easily relatable to normies
— Ansem 
(@blknoiz06) October 12, 2024
Meanwhile, the identified crypto personality said digital asset traders targeting memecoins would make the best decisions by adopting certain trading philosophies. According to the opinion giver, three factors would enhance a profitable memecoins adventure in the next four months. He noted the factors as identifying memecoins with long accumulation periods, noti…
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