Meme Coins Are Leading the Cryptocurrency Market in a 'Super Cycle,” Analyst Miles Deutscher Says

Analyst Miles Deutscher revealed that meme coins are currently leading the cryptocurrency market in a “super cycle,” outperforming other types of cryptocurrencies.

Analyst Miles Deutscher has revealed that meme coins are currently leading the cryptocurrency market in a “super cycle,” outperforming other types of cryptocurrencies. He presented data showing that meme coins like Bonk, Pepe, and Floki have been among the top performers this year, outperforming other sectors like AI, Real World Assets (RWA), and Layer 2 solutions.

Deutscher added that meme coins have shown resilience even during market downturns, bouncing back stronger than many other cryptocurrencies. This shows that meme coins are likely to continue their strong performance.

For example, Pepe saw a 161% increase, and Popcat jumped 183%, while many other fundamental major altcoins like XRP and AVAX have either shown minimal gains or are down. This year, Bitcoin could potentially break 73k and reach $80-$90k, and meme coins are likely to continue outperforming due to their significant mindshare.

Meme coins have almost become a revolution against bloated VC coins, which tend to dump on retail investors. Retail investors are naturally gravitating towards meme coins because they offer better price action and more opportunities to make money.

This shift reflects a broader trend in the market where crypto is driven more by hype, attention, and speculation rather than fundamentals.

Here are some of the meme coins that the analyst is focusing on:

He’s particularly interested in meme coins like Popcat and MOG. The analyst is also keeping an eye on several others, including Nero, which is based on the new Doge dog. Despite some controversy around Nero and its confusing launch on different blockchains, it has caught his attention. MIT on Solana, NPC, and others are also on his watchlist. He adds that Pepe is also holding above a key level, and Wif is at the bottom of its range, which he considers a decent spot to bid.

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