Zinger Key Points
- Analyst lists his highest conviction meme coins and foresees a super cycle for memes.
- Cat coins is one of the popular narratives of that cycle.
- Get New Picks of the Market's Top Stocks
Crypto trader Murad Mahmudov has listed his “top 10 picks for the cycle” after having predicted a “memecoin supercycle” at the Token2049 conference in Singapore.
What Happened: The top pick is a “movement coin” called SPX6900 SPX/USD, with a “clear mission of flipping the stock market. “His first mention was at $10 million and it is current trading at $757 million. Murad's long term target is $100 billion.
GigaChad GIGA/USD is a “masculinity coin” and a "highly spiritually empowering and motivating meme." Murad targets $50 billion valuation for the coin with first mention being at $15 million.
Culture coin Mog Coin MOG/USD are the next two coins is one of the “top five cults and is normie friendly.” He calls it a "pre-pump" Shiba Inu SHIB/USD.
Two cat coins are included in the list – Popcat POPCAT/USD and Mini MINI/USD. Popcat being the top cat coin in the world and Mini as a small cap cat coin, as cats are in focus this cycle.
Frog meme coin Apu Apustaja APU/USD was mentioned by Murad at $140 million and is now trading at almost double the valuation. Murad sees it as the most used frog meme on Crypto Twitter.
HarryPotterObamaSonic10Inu BITCOIN/USD, Retardio RETARDIO/USD and Lock In LOCKIN/USD and American Coin USA/USD are among the other coins cited by the trader.
Murad further stated that meme coins on both Solana SOL/USD and Ethereum ETH/USD, saying it is in the early stages of the “super cycle.” The list includes Pepe PEPE/USD, Dogwifhat WIF/USD, Mother Iggy MOTHER/USD and many more.
Read Next:
Image: Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.