Unichain - Sponsor Image Unichain - Faster swaps. Lower fees. Deeper liquidity. Explore Unichain on web and wallet. Friend & Sponsor Learn more
Home,   Read,   Article

Why Memecoins are Exploding

With a BTC all-time high likely imminent, meme coins are memecoining.
Why Memecoins are Exploding
Jack Inabinet Jack Inabinet
Mar 4, 2024 • 2 min read
3
1

Subscribe to Bankless or sign in

Welcome to Today in Markets where we dig into the hottest trends and assets in crypto, highlighting investable opportunities for our paying Bankless Citizens.

📊 March Memecoin Madness. Bitcoin Bitcoin price held steady at $62k throughout Saturday but resumed its ascension towards all-time highs on Sunday, gaining nearly 10% before topping out at $67.5k and leaving BTC within inches of uncharted price territory… 

As the Risk Rally continues across broader crypto markets, signs of heavy retail participation are making themselves abundantly evident, with popular memecoins surging to life and posting triple-digit gains on the week! 

The Alpha 🧐

Citizen-only content

Upgrade to continue reading

  • Support the Bankless Movement
  • Premium Feed: Ad Free & Bonus Content
  • Daily Market Analysis & Research
  • Airdrop Hunter: Guided, Vetted Projects
  • Claimables: Find & Claim Airdrops + more
  • Private Discord w/ David & Ryan
Explore all the benefits Become a Citizen

3
1
Unichain - Sponsor Image
Sponsored Unichain Faster swaps. Lower fees. Deeper liquidity. Explore Unichain on web and wallet.
Jack Inabinet

Written by Jack Inabinet

526 Articles • View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

1 Response
Get the Full
Bankless Experience

Get exclusive access to this content, token insights, and airdrop insider access!

Support Crypto-Native Media!

100+ Airdrop Hunter Guides

Exclusive Newsletter Analysis

Daily Token Hub Ratings

Private Discord w/ Bankless team

Exclusive Alpha

Bonus Citizen-Only Episodes

Support Crypto-Native Media!

PLUS $1,117+ of value in Citizen Deals! Your citizenship awaits!

Become a Citizen

Already a citizen? Sign In

Search Bankless