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    Home»Bitcoin»Bitcoin Meme Coins? That’s Right, Trader Says ‘Best Time To Get In’ As Dogecoin, Solana Memes Surge
    Bitcoin

    Bitcoin Meme Coins? That’s Right, Trader Says ‘Best Time To Get In’ As Dogecoin, Solana Memes Surge

    October 29, 20242 Mins Read


    Pseudonymous crypto trader Unipcs has made a bold prediction about the potential growth of Bitcoin BTC/USD meme coins, suggesting that ignoring them could be a significant mistake in this cycle.

    What Happened: Unipcs reiterated two predictions he made earlier: a new BTC all-time high before the U.S. elections and the potential of BTC meme coins to provide 50 to 100x returns.

    On social media platform X, he pointed out the stark difference in market caps, with Bitcoin meme coins trailing at just over $2 billion compared to Ethereum ETH/USD and Solana SOL/USD meme coins, which command $20 billion+ and $11.8 billion+ valuations, respectively.

    Benzinga Future of Digital Assets conference

    Also Read: Bitcoin Clips $71,500 As Wall Street, ETF Inflows Fuel Bullish Momentum — What’s Next?

    Unipcs highlighted several factors likely to drive a Bitcoin meme coin narrative:

    • BTC’s strong liquidity flow, fuelled by ETFs and institutional investors.
    • The explosion of meme coin activity on new chains.

    With major providers like Magic Eden simplifying BTC meme coin transactions and potential listings on exchanges like Binance and Coinbase, the stage could be set for growth.

    Unipcs concluded by listing some of the top BTC meme coins, including PUPS (Ordinals) PUPS/USD, Bitcoin Wizards WZRD/USD, WADDLE WADDLE/USD, BILLION.DOLLAR.CAT BDC/USD, SAIKO SAIKO/USD and Dog (Runes) DOG/USD.

    What’s Next: The influence of meme coins is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.

    Read Next: 

    Image created using artificial intelligence with Midjourney.

    This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

    Market News and Data brought to you by Benzinga APIs

    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.



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