Investor and memecoin analyst Murad Mahmudov's theory on the memecoin supercycle gaining popularity among traders suggests an endless cycle for meme-centric cryptocurrencies driven by community and emotion rather than fundamentals. The shift in metrics from technical analysis to factors like key opinion leader influence and chart performance indicates a change in trader preferences. While some believe in the sustainability of memecoins, others like Jameson Lopp and Crypto Rand express doubts due to the speculative nature and potential volatility of these coins. Critics like Angel Versetti question the long-term viability of memecoins, attributing their growth to investor delusion rather than utility. Despite the success of memecoins, concerns remain about their lasting impact on the crypto market and the potential risks associated with investing in them. Read more AI-generated news on: https://app.chaingpt.org/news