There’s three memecoins above 1B and eight memecoins above 500M on Ethereum and there’s three memecoins above 1B and seven memecoins above 500M on Solana. There’s zero memecoins above 1B and zero memecoins above 500M on Bitcoin.
SHIB: 11B
PEPE: 4.5B
FLOKI: 1.3B
NEIRO: 920M
MOG: 760M
SPX: 737M
PEPECOIN: 633M
TURBO: 600M
WIF: 2.4B
BONK: 1.5B
POPCAT: 1.3B
MEW: 800M
GOAT: 700M
GIGA: 618M
BOME: 580M
Do you start feeling the asymmetrical bet?
I’ll give you more: the top memecoin on Base (BRETT) has almost 4x the market cap of $PUPS.
But I’ll give you even more: If you go to see the mindshare of memecoins on @_kaitoai, you’ll see $PUPS, for example, as a top 5 memecoin.
And I’ll keep giving you more: the top cat memecoin on Solana (POPCAT) has 15x the market cap of the top Bitcoin ($BDC) cat memecoin.
And I’ll give you more, the top dog memecoins on Ethereum (SHIB) and Solana (WIF) are 29x and 6x the market cap of the top dog memecoin on Bitcoin (DOG).
And I’ll continue, and don’t even know what to compare this with, the memecoin of the magic internet money meme, launched by the creator of the magic internet money meme, is sitting at $150M market cap on Bitcoin ($WZRD) which means it doesn’t even enter the top 40 memecoins.
You may love Ethereum or Solana, or both. Everyone loves Bitcoin, including you.
Asymmetrical bets like this rarely happens. There’s a once in a lifetime opportunity to enter early the fungible tokens ecosystem on Bitcoin. It’s there, you just have to swing.
Agree, Runes will make other meme like dust in your wallet. But when no one knows, but it will for sure.
Nov 9, 2024 · 5:43 PM UTC

