- Crypto proponents believe that traders should expect Meme coin rally any time soon.
- Meme coins are less impacted by macroeconomic factors.
- Shiba Inu (SHIB) is now the most preferred token among the top 100 Ethereum whales.
Bitcoin and other major cryptocurrencies have continued to outperform meme coins as well as stablecoins. However, the crypto community continues to speculate over whether or not tokens such as Shiba Inu (SHIB) and Dogecoin (DOGE) may disapprove of this thesis and shift the market to meme-themed tokens.
For instance, well-known cryptocurrency researchers such as Altcoin Sherpa, believe that now is the moment for such meme coins to stage a comeback.
$SHIB: Time for meme coins to have a run?(this might mean cycle is ending soon) pic.twitter.com/Jln6pPKBZu— Altcoin Sherpa (@AltcoinSherpa)
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