Why July 2024 Could Be That Month For Crypto

Hi guys!

Solana devs be like “Pepe at over $500m, $Keke is Pepe’s cousin from London, just CTO’d and can do numbers close to that of Pepe———Ape now or regrets later, fade at own risk, bla bla bla” and then more often than not, the token goes to $60k and dumps to $2k. Lmao bro, it’s wild out there.

Meme trading on Solana seem to have taken a breather tho, much like the rest of the crypto market with Bitcoin at $60k range and most other alts still down below their all time highs, it’s almost as if the bull run has only been focusing on one place, or maybe it’s because of Solana, maybe Solana drained all the liquidity that was supposed to spread out into other coins to itself only!

I mean with tokens doing hundreds of millions in minutes, you’d really want to be curious about where all that money is coming from or will go to. But naa, can’t be. The markets is just “market-ing” and it’s very fine. I’ve said June was that month to mop up May’s mess, it won’t go without its own scars.

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Bullish July

July is where the fun begins, you can mark that. But that’s a post for another day. Solana devs are having the fun of their lives right now but that window is gradually closing, in the past couple of months, you had to be a seasoned dev to launch a meme on Solana, now, through Apps, anyone can do it with just a few clicks, even your grandma.

The barrier to entry has significantly lowered, making it easier for more people to jump in and try their luck. This democratization is both a blessing and a curse. On one hand, it allows for a burst of creativity and new ideas.

On the other, it opens the floodgates to countless low-effort, pump-and-dump schemes that can trap unsuspecting investors.

As we move into July, the landscape is poised to change once again. The question is, who will adapt and thrive, and who will get left behind? Solana's meme coin craze might look like it’s cooling down, but the broader market including alt coins are gearing up for its next big move.

Base, Ton, Tron

Base, Bsc, Ton, Tron are gearing up for their own meme season, as they’ve spent the better part of the first half of the year drawing attention. So many A list celebrities haven’t even launched their own tokens yet.

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We have $Mother by Iggy. Now imagine $Riri by Rihanna 😨

Rihanna alone has over 100million followers on Twitter, whereas Iggy has 7.7million and yet Iggys $Mother token pulled over $200m in less than 2days, now think of what Rihanna can do.

If Rihanna announces a token launch, I will sell my two kidneys to buy in early. I’ll buy the kidney back when I’m rich.

The potential for celebrity-backed tokens is staggering. We’re witnessing a new trend where social influence directly translates to financial power.

The celebrities with massive followings have a unique advantage—they can rally their fanbase behind a project, creating immense demand almost instantly, I’ve seen it with my own eyes.

Conclusion

My question for onlookers or people already in crypto and are purposely ignoring the meme craze is that what story will you have for your children when you had the chance to create generational wealth but didn’t because meme tokens are a “fugazzi”?

Like I’ll always say frens. Stay involved, keep learning and don’t get carried away, invest only what you can afford to loose.

Thanks for reading. Kindly share your thoughts below.

images were generated with Ai

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