Supercycle Thesis - The Hype That Dominates the Next Crypto Bull Run

GCR powered thesis

I can’t help but think that we would see a ████ supercycle

@GCRClassic theorized that that in every crypto cycle, a trend from the previous cycle ends up exploding in popularity in the next one.

It’s something that had a brief flash of hype before fading away 🧵👇

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I have a feeling the theme this time around will be just straight-up RWA, Gaming/Casinos but most possibly memcoins? (AI is pretty new and started in this cycle)

Metaverse already had its shine the previous cycle

Took two mini cycles for people to realise what memecoins like $SHIB $DOGE did.

What if next cycle is being led by just...memes?

Not the countless L1s, L2s or DeFi - just straight up meme coins.

$AVAX have invested $50mil in RWA and we are seeing good hype around RWA. They have also plans to use $100m to invest in memecoins for the “culture”

Just a possibility but, could the whole market could be taken over and led by memecoins while at the same time spin off other related narratives?

Nearly 90% of the degens that I see in low cap gems seemed to have just gotten into crpyto, and what they know is not stuff about cryptography tech or financial engineering.

They are the guys that are making Xs from BRC inscriptions, the SOL memecoins and even more on other coins with just simple utility, no product and devs that seemed devoted to the project.

New retail investors don't care about the tech. They just want to buy in and get rich.

It makes sense that energy and focus would shift heavily toward meme coins as more casual, get-rich-quick investors enter the space.

People want to replicate the $DOGE and $SHIB millionaire stories. These are people that have left the space right after the end of the previous bull run and all that they can recall is the short-lived hype that stayed in their memories.

These are new retail investors that will enter the next bull market with that kind of knowledge. They wont know what $BONK or what $ANALOS is. How many of you around still recall $PEPE? Unlikely right.

These new investors also love owning millions of tokens rather than tiny fractions of BTC.

As things get more absurd, a meme coin mania bigger than even Shib's 2021 pump seems inevitable.

Most altcoins are scams with teams dumping on retail.

But a people’s coin like a $SHIB $DOGE $PEPE would truly belong to the community. I wont't underestimate the power of culture and memes. One good example with be the NFT communities.

A memecoin would be analogous to that.

This could force traders stuck in old paradigms to adapt or get left behind.

What do you think would blow up the coming cycle? Leave your thoughts in comments!

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