2024-5-14 13:15 |
In her latest tweet, EllioTrades, a prominent crypto influencer, shared her thoughts on the meme coin sector following the return of Roaring Kitty, a legendary figure in the world of meme investing.
While acknowledging that investing in meme coins is a form of gambling and that each coin mentioned could eventually go to zero, EllioTrades presents a compelling thesis for potential opportunities in this space.
1. Top Meme Coins to WatchEllioTrades suggests that cat-themed meme coins will outperform their dog-themed counterparts, based on cryptic videos posted by Roaring Kitty.
The influencer believes that the prominence of Roaring Kitty, particularly after the release of the “Dumb Money” movie on Netflix, will drive attention betting and favor cat-related memes. Some of the cat-themed meme coins mentioned include:
$MOG (ETH) $Popcat (SOL) $Toshi (BASE) $SC (SOL) $MICHI (SOL)Additionally, EllioTrades suggests that going left curve and betting on coins like $KITTY could be a sensible move.
.rh-colortitlebox{margin-bottom:30px;background:#fff;line-height:24px;font-size:90%}.rh-colortitlebox .rh-colortitle-inbox{display:flex;align-content:center;padding:15px;font-weight:700;font-size:110%; line-height:25px}.rh-colortitlebox .rh-colortitle-inbox i{line-height:25px; margin:0 10px; font-size:23px}.rh-colortitlebox .rh-colortitle-inbox svg{width:25px;margin-right:10px}.rh-colortitlebox .rh-colortitle-inbox-label{flex-grow:1}.rh-colortitlebox .rh-colortitlebox-text{padding:20px}.rh-colortitlebox-text>*{margin-bottom:20px}.rh-colortitlebox-text>:last-child{margin-bottom:0} New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW.rh-toggler-open{height:auto !important} .rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important} .rh-toggler-open .rh-tgl-hide{display:block !important} .rh-tgl-show, .rh-tgl-hide{cursor:pointer} .rh-contenttoggler *{box-sizing: border-box !important} .rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;} .rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!
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Show more +Show less – 2. The Real Cycle is Just BeginningDespite numerous top calls in the recent past, EllioTrades argues that the real cycle is just beginning. While money has been largely circulating in a PvP fashion since Bitcoin hit new all-time highs, global liquidity indicators suggest that we are still at the foothills of a major cycle, with a potential top in June 2026. This extended timeline provides ample opportunity for memecoins to fly.
EllioTrades prioritizes gaming and AI coins for non-meme investments, giving them careful attention and few to no token unlocks.
3. “Real” Memes Will CrushEllioTrades predicts that “real” memes, those that are actually going viral on social media platforms, will crush in the upcoming dumb money trade. As a new generation of traders, particularly from TikTok and Gen Z, enters the crypto space, they will flock to the memes they recognize and consider cool.
The first example of this trend was $HAMMY (Sad Hamster), which EllioTrades bought because of its popularity on TikTok. As the dumb money trade goes viral again, the ability to spot undervalued memes based on their real-world virality will become a valuable skill. Traditional tools like Google Trends may not be as effective in this new landscape, as younger generations tend to have different online habits.
EllioTrades’ meme coin thesis post Roaring Kitty’s return offers a unique perspective on the potential opportunities and challenges in the meme coin realm.
Read more: This Solana Meme Coin Skyrocketed by 6,000%: Two Traders Achieve 49x Returns
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The post Roaring Kitty Triggers Competition Between Cat and Doge-Themed Coins: Analyst Shares Top 5 Cat Meme Coins To Watch appeared first on CaptainAltcoin.
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