Dogecoin's Billion-Dollar Boom Could Inspire 25 New Meme Coin Cults, Analyst Warns

As the meme coin landscape evolves into a narrative of its own this cycle, coined the "meme coin supercycle," crypto analyst Murad Mahmudov notes a shift in perception poised to reshape the cryptocurrency landscape – meme coin cults.

In a recent interview on The Block Crunch podcast, he described meme coins as "tokenized vessels of faith," arguing that meme coins represent a new digital asset paradigm, driven more by community belief than by utility or technology.

He drew comparisons between Bitcoin and successful meme coins, highlighting that both foster "hardcore communities" and "cult-like" followings.

The Bull Run hasn't even started.

And Top Meme Cults will outperform EVERYTHING.

The time has come for you to believe in something.

— Murad Market News and Data brought to you by Benzinga APIs

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