{"id":138838,"date":"2024-10-08T11:00:05","date_gmt":"2024-10-08T08:00:05","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138838"},"modified":"2024-10-07T17:10:45","modified_gmt":"2024-10-07T14:10:45","slug":"meme-coins-are-the-new-trend-driving-the-crypto-market-according-to-experts","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/meme-coins-are-the-new-trend-driving-the-crypto-market-according-to-experts\/","title":{"rendered":"Meme Coins are the New Trend Driving the Crypto Market, According to Experts"},"content":{"rendered":"<p>Burniske <strong><a href=\"https:\/\/x.com\/cburniske\/status\/1842979350104445242?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1842986798265631096%7Ctwgr%5Eac3a20cf9829176bd8239781da38e8adc81816fb%7Ctwcon%5Es2_&amp;ref_url=https%3A%2F%2Fu.today%2Fsolana-founder-reveals-secret-behind-meme-coin-success\" rel=\"nofollow\">highlighted<\/a><\/strong> that the current enthusiasm for these tokens signals their potential to outpace initial expectations in the market\u2019s future growth.<\/p>\n<p>He remarked that the cultural significance achieved by certain NFT collections a few years ago might soon be eclipsed by meme coins, which are increasingly being labeled as \u201cculture coins.\u201d<\/p>\n<p>Yakovenko offered a surprising take, suggesting that previous market cycles were predominantly driven by memes\u2014about 90% meme energy versus 10% actual products.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-138763\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-leading-analyst-unveils-key-factors-to-ignite-the-next-bull-cycle\/\" title=\"Bitcoin: Leading Analyst Unveils Key Factors to Ignite the Next Bull Cycle\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/coin_bitcoin-bulls-ready-for-action-big-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin: Leading Analyst Unveils Key Factors to Ignite the Next Bull Cycle<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>He argued that today\u2019s meme coins have absorbed the momentum from earlier cycles, like the DeFi surge in 2021. According to him, this shift means that products must now deliver real value to succeed, which he views as a positive trend for the industry.<\/p>\n<p>Despite the chatter around meme coins, their total market capitalization remains around $50 billion, a small fraction compared to the broader cryptocurrency market, which exceeds $2.21 trillion.<\/p>\n<p>This indicates that while meme coins are generating excitement, they still represent only 5.37% of the entire crypto market, hinting at a potentially larger role in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A compelling discussion emerged today in the cryptocurrency realm featuring prominent analyst Chris Burniske and Solana co-founder Anatoly Yakovenko, focusing on the rising phenomenon of meme coins.<\/p>\n","protected":false},"author":3,"featured_media":101554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[424,289],"coin_category":[],"class_list":["post-138838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-crypto","tag-meme-coins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Meme Coins are the New Trend Driving the Crypto Market, According to Experts<\/title>\n<meta name=\"description\" content=\"A compelling discussion emerged today in the cryptocurrency realm featuring prominent analyst Chris Burniske and Solana...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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