Altcoins Vs Memecoins. On the occasion of the Token 2049 event in Singapore, criticized investor Murad Mahmudov made a remarkable presentation which triggered strong reactions on social networks. There was talk of a memecoin supercycle in 2025 and the paradigm shift underway in the crypto sector and particularly in the minds of small investors who, according to him, will increasingly abandon altcoins to favor memecoins. . The demonstration is certainly a little extreme, but it is not lacking in interest.
The reasons internal to cryptocurrency which explain this supercycle
In a video which lasts around twenty minutes and which is very dense, the influencer Murad Mahmudov will therefore give his vision of the ecosystem and explain why he senses a supercycle of memecoins and it will first start with internal factors. First of all, for him there are way too many chips available and in most cases the tokenomics give pride of place to VCs, the project team and influencers who all have much lower entry prices than the retailthat is to say small investors.
Systematically, for several years, the price action then favors the former to the detriment of the latter and this is for him inherent to the current system. Moreover, if you look closely, most tokens promote technical progress, an evolution for the future or use cases of the blockchain, but in fact, it is clearly marketing for empty projects that do not surf only on the hype and the speculation. Finally, gigantic unlocks in the future are destined to kill the slightest chance of progression in the price of tokens already on the market.
In conclusion, small investors, to whom his video is aimed, are almost systematicallyexit liquidity fat people and this situation is both unfair and untenable. Because after all, what do people want? crypto bro ? wonders Murad Mahmudov. The answer comes down to three things: 70% want to make money, 20% want fun and 10% want to belong to a community.
External reasons and sociological factors for the success of memecoins
Let us now quickly review the external reasons for the crypto with first of all galloping inflation in the world which creates daily difficulties and which accentuates income inequalities. Then there is this strong feeling of loneliness which exists among the world’s youth affected by deep sexual and sentimental misery at the origin of an explosion of mental illnesses. Added to this an increasing amount of time spent in front of screens, a plummeting influence of religion and a general crisis of meaning and you have an exacerbation of the big existential questions to which modern society is no longer able to answer.
And it is for all these reasons that the memecoins are currently a hit, because they fill a gap with the public.
They bring fun and joy, they give a strong feeling of belonging to a community and to a group which produces its own tokens; they are a counterculture to which we can be proud to belong and participate with an undeniable artistic side. They encourage and value teamwork and ultimately give meaning to life. Like a cult or a form of religion, the community of memecoins filled the gigantic spiritual void that the consumer society creates in each of us.
For all these reasons, the altcoins will ultimately be surpassed by memecoins which are only in their first cycle and which should therefore literally explode upwards in 2025 during the next bull run. That said, he still concludes by explaining that this will take place just before the Bitcoin supercycle, so he is not sectarian either.
A word to clarify that some claim that Murad Mahmudov pushes people towards memecoins to make money off their backs and that he is just an influencer like the others. We hear the criticism and we are aware of possible manipulation. But his 20-minute presentation is still brilliant and well-researched, and although a little exaggerated, it sheds relevant and new light on our ecosystem by mixing sociology, economics, religion and even spirituality. So let’s not jump on the latest fashionable dog or cat token, but let’s take a few moments to think about all of this.
