In this bull market, Meme assets will perform very strongly.
The reasons are as follows:
1. At present, Web3 has not yet achieved any substantive applications, whether it is artificial intelligence, decentralized identity verification or blockchain games. At least as of 2024, they are still just excuses for currency speculation.
In the last bull market, many people could not understand why Shiba was so strong, but in this bull market, I believe more people have understood the mystery.
2. Meme assets have a short historical cycle and have only experienced one bull market. At the peak of the last bull market, the market value of Dogecoin reached US$100 billion, Shiba coin reached US$50 billion, and the total market value of all Meme coins was close to US$200 billion.
It is expected that at the peak of this bull market, the total market value of Meme coins will reach 200 billion to 500 billion US dollars. By comparison, the entire cryptocurrency market is expected to have a total market capitalization of $5 trillion to $10 trillion. In comparison, Meme coins only account for 4%-5% of the total market capitalization, which is reasonable.
However:
1. Whether Dogecoin and Shiba coins can once again create the historical peak of Meme coins is unknown because there is a lack of precedent to follow. However, both Dogecoin and Shiba already have their own development teams and have various Layer 2 solutions and various projects and empowerment.
2. In the last bull market, Dogecoin existed before the bull market, similar to PEPE in this round. The Shiba coin only appeared in the middle of the bull market, and the current bull market may not have appeared yet. In the last bull market, holding Dogecoin could earn a hundredfold return, while holding Shiba Inu coins could earn a thousand or even ten thousand times a return. But with so many meme coin options, how do you pick the ultimate winner?
My strategy is:
The investment includes all possible Meme asset combinations with 100 times the underlying value, such as DOGE, SHIB, BONK, PEPE, and ORDI.
Although diversifying the investment portfolio will significantly reduce the final return, and there is a high probability that a thousand-fold increase will not be achieved, I believe that a hundred-fold return is possible.
If you invest heavily in a certain Meme coin but ultimately fail to make the bet, you may miss out on the entire bull market.
Of course, during the bull market, I will dynamically adjust my positions according to market conditions.
The screening criteria are as follows:
1. The potential growth rate is at least 10 times.
2. 100% circulation.
3. The allocation of chips in the early stage is reasonable and fair, with no big players and no project parties.
4. It has no practical use and is purely Meme.
Final notes on following orders:
1. The goal of the Meme asset portfolio is to achieve an overall 100-fold return.
2. The Meme asset portfolio will be held until the end of the bull market, with a cycle of one and a half years.
3. The strongest gains in meme assets are usually concentrated in the final stages of a bull market, and may even occur within a few days. Therefore, focus only on short-term gains and don’t hold on to it for the long term.
Wait for this round of Meme craze to end before gradually entering the market. A thousand-fold increase will give you many entry opportunities.