MooDeng\'spopularityunderscoresthegrowingtrendofmemecoinsinastableBitcoinmarket.
KeyTakeaways
MooDengisthemostpopularmemecoinamongnon-expertcryptoparticipants.
Bitcoin\'sstabilityhashelpedfosterathrivingmarketformemecoins.
Rasmr,awell-knowncryptoTwitterKOL,recentlyconductedasurveyaskingnormies—peoplenotdeeplyinvolvedincryptoormemecoins—whichmemecoinwastheirfavorite.
Sincememecoinsoftengainpopularityduetotheirviralnature,thesurveyaimedtopredictwhichcoinscouldcapturemassappeal.
RasmrtweetedthatMOODENGwasthenumberonememecoinvotedbynormies,withBILLYinsecondplace,GIGAinthird,SIGMAinfourth,andMICHIinfifth.
Othernotablementionsfromthelistof20includedPopcat,FWOG,GOAT,LOCKIN,Pepe,Trump,andWif.
TheproliferationofmemecoinshassurgedasBitcoinhasremainedstrongdespitepoliticaltensionsintheMiddleEastanddecisionsbytheFederalReserve.
Forthepasteightmonths,Bitcoinhastradedwithinatightrangebetween$50kand$69k,signalingastablemarket.
Bitcoin’sresiliencehascreatedanenvironmentwhereothercoins,particularlymemecoins,havethrived.Manyofthesememecoinshaveseenoutstandinggains,withsomeexperiencing1000xgrowthinjustafewdays.
Asretailinvestorsseekhigherupsideopportunities,memecoinshavebecomeincreasinglyattractive.
PlatformslikePump.funandthenewlyreleasedApePromakeiteasierforanyonetocreateanddeploymemecoinsonSolana,whichisrecognizedforitslowfeesandstrongassociationwithmemecoinprojects.
Solana’sreputationasthememecoinblockchainhasdrawnafloodofretailparticipants,helpingsomeofthesecoinsreachsignificantmarketcapsandevenenterthetop100bymarketcap.
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