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fuzail siddiqui
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too much flushing from market already done , now i think its time we are back on track đ
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đšU.S. CPI: +2.4% YEAR-OVER-YEAR (EST. +2.3%) U.S. CORE CPI: +3.3% YEAR-OVER-YEAR (EST. +3.2%)
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Memecoins are not a new narrative.. Last cycle at the market peak, $DOGE had a MCap of $90 billion and $SHIB had a MCap of $40 billion. Overall memecoin MCap at peak was nearly $150 billion. Right now, the total MCap of memecoins is $53 billion, down 70% from its last cycle. But this time there are a few additional things too. Last cycle, most retailers didn't bid on memes because of ETH high gas fees and low TPS. This cycle, the retail has $SUI, $SOL, $APT, and many other chains with < $0.001 transaction fees and high TPS. Along with that, most new projects are listing with > $2B valuation, which leaves retail with no other choice but to look for low MCap projects. đđ©đȘđŽ đȘđŽ đžđ©đŠđłđŠ đźđŠđźđŠđ€đ°đȘđŻđŽ đ€đ°đźđŠ đȘđŻđ”đ° đ±đđąđș. This is the reason memecoins are the best performing asset of 2024 and will most likely continue till this bull run exists. If people are expecting large caps like $SOL to 5x from its last cycle high, it won't be a crazy prediction to expect the same from memecoins.If #memecoins does 5x-7x move from their last cycle peak, it'll have a MCap of $750B-$1.05T by cycle peak. Of course, all memes won't pump the same, but there'll be a few to hit $80B+ MCap and a lot of them to hit $10B-$20B MCap by cycle peak.
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$1MBABYDOGE high conviction holding for bull run đ
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All Crypto bros need for this Bull Run is $BTC to $150,000 $ETH to $12,000 $BNB to $1,500 $SOL to $1,000 $LINK to $150 $SUI to $10 $TAO to $3,000 $WIF to $15 What did I miss? Comment below đ
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Guess This Token đ ⟠TVL > $600M (ATH) ⟠Raised over $300M ⟠Down 55% from its ATH ⟠Partnered with "Ignition AI Accelerator," backed by NVIDIA
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