Bitcoin no longer impresses as much with its dizzying rises, nor does it really surprise with its sudden drops, but it remains a solid player. However, it is on the side of memecoins that the surprise is total: their spectacular movements captivate investors. And while BTC stabilizes below $64,000, cryptos like POPCAT explode, fueling the thesis of a memecoin supercycle. Let's get to the heart of the matter: could this growing divergence actually signal a turning point for the entire crypto market?
Bitcoin and unpredictable volatility
All about bitcoin: despite its status as digital gold, continues to intrigue its unpredictable reactions to macroeconomic pressures. This week, after flirted with $64,000he knew a slight decline below $63,000proof of its sensitivity to derivative markets.
But what is intriguing is the stark contrast to memecoins. As Bitcoin suffers the throes of economic volatility, these fancy cryptos seem to be completely ignoring traditional storms.
- BTC hits $64,000 on Monday;
- POPCAT jumps 50% in one week;
- Transaction volume on POPCAT up 130%.
The stability of memecoins during brutal BTC corrections is intriguing. POPCAT, for example, maintained its rise for five consecutive days, even when Bitcoin was tumbling.
While Bitcoin tries to resist the pressures, memecoins go into orbit.
Memecoins booming
Crypto memes, once relegated to the ranks of speculative jokesare proving their ability to shake up the market. POPCAT, with an increase of 50% in one weekseems to show the way.
THE trading volume of this crypto jumped to 188 million dollars in 24 hoursreinforcing the belief that a supercycle could be on the horizon. Tokens like SPX6900 are not to be outdone, with a phenomenal rise of 200% in seven days.
This phenomenon is supported by a strong accumulation of memecoin holders. The number of POPCATs removed from wallets has exploded, going from 1.73 million to 5.33 million in one day. This buying frenzy testifies to increased confidence among investors, attracted by the controlled volatility of these assets compared to bitcoin tossed by the economic winds.
So, if crypto memes continue to grow so dramatically, systemic effects could well emerge. An analyst predicted as early as August that the explosion of memecoins could delay the altseason.
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