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Is The 'Memecoin Supercycle' Over? Mad Crypto Alpha With Ivan

Published 28/04/2024, 22:10
© Reuters.  Is The 'Memecoin Supercycle' Over? Mad Crypto Alpha With Ivan

Benzinga - by Ivan Crnogatić, Benzinga Editor.

I’m Ivan and welcome to my weekly column Mad Crypto Alpha.

Some people want to build the “future of finance,” but I just want to help you make money in crypto.

Each Sunday, you get weekly insights the news does not cover but you need to know about.

So you’re not just entertained by crypto but get the alpha behind the story.

In this week’s issue:

  • Why do VCs hate meme coins?
  • Is no one left to buy our meme coin bags?
  • Memecoin Supercycle: It’s so over or we’re so back?

Why Do VCs Hate Meme Coins?

Bitcoin (CRYPTO: BTC) continued in crab market mode last week.

Every time that happens, Crypto Twitter turns into “The Jerry Springer Show.” This week’s topic: crypto VCs hatin’ on meme coins.

Exhibit A: Jack Niewold, angel investor.

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