đ Crypto traders, buckle up! As we await the next altcoin season, Glassnode's James Check says it might not go as planned. Why? Because new traders are diving headfirst into the wild world of memecoins! đž
In the 2021 bull run, traders followed a "capital waterfall" from Bitcoin to monkey JPEGs. But in 2024, they're skipping the steps and going straight to PEPE tokens. One lucky trader even turned $3,000 into $46 million! đž
Despite the memecoin mania, some analysts see the current altcoin dip as a bullish sign. What do you think? Share your thoughts in the comments!
