hey what’s going on everybody uh today we’re going to talk about why meme coins are dead volume two all right so if you like today’s video make sure you smack the likes I’m just going to tell you right now not everyone is going to like this video if you like meme coins you will hate me but I’m only here to try to help you uh this year all right so smack up the likes if you enjoyed today’s video Let’s Jump On In so uh back on uh I think it was January 9th I made a meme coins r Dead video now I got that was one of the most disliked videos that I’ve ever from a from like a percentage standpoint that I’ve ever uploaded and I think it was because most people were balls deep in meme coins right and I made a very very clear stance that I believe utility coins are going to greatly up ofform meme coins this year now the whole Market’s gone down I understand that but utility coins have held up significantly better than these meme coins all right now we’re going to talk about that but I just want to show you what I said on January 9th to kind of give you a context of where I’m coming from now and why this is volume two all right so this is what I said back on January 9th take a quick listen here right because I know a lot of people like mcoins um but I’m going to go and explain my thesis of why I think uh right now meme coins are dead and why I think utility coins are going to be the play uh when Bitcoin finds a bottom right obviously if you’re waiting for Bitcoin to find a bottom things are going to kind of continue to waddle around and slowly bleed until Bitcoin finds a bottom but this is why I think meme coins are going to suffer um they will bounce when Bitcoin bounces but I think they’re going to make lower highs and lower lows while the rest of the market makes higher highs and higher lows um and Market gets sucked uh from money gets sucked from meme coins into utility coins so if you like today’s video Hit all right so that’s just a little bit of what I said about about a month ago now right about a month ago we’re going to do this month by month because I feel like this is going to be the entire year is that Meme coins will get sucked into utility coins now right now obviously the entire Market’s going down right we know that but you guys can see what some of these meme coins are doing right and my whole thesis on this okay before you get all mad and say you know memecoins were so good yes mem coins were so good in 2023 and 2024 this is a new year let’s focus on what’s Happening Now and what I expect to happen in the future not what happened in the past okay so we get we’re going to go through all the the meme coin charts that I talked about in that previous video about a month ago and most of these coins are down between 50 to some of them 90% from that video okay and I don’t I think it’s just going to get worse right I think it’s just going to get worse as risk appetite leaves the cryptocurrency market for the time being these coins are just going to continue to make lower highs and lower lows all right they’re going to get bounces you’re going to get all the trolls that come in and say oh my God look at these mem coins they’re going to keep bouncing oh yeah mcoin super cycle and then they’re going to make lower highs and just continue lower all right this year in my opinion is the year of the utility coins and I’m going to show you guys what what what date was the change of that and why I believe that to be the case all right so obviously I think a lot of people are trapped in memes I still think people are trapped in memes I think there’s a lot of bag holders on these meme coins that believe the mem coin super cycle thesis right by a lot of these people on Twitter right anom marad all these guys all these coins are down 90% anyone who bought up here is wrecked right so with right obviously you guys can see the chart right popcat this is one of the this is one of the worst charts in crypto at the moment right I I’ve made this on on live stream I’ve said it’s going to make a lower high every single time just continues to make lower highs and guess what look at that daily Wick it’s probably another lower high before it ends up going lower again right I’m expecting these coins just continue to put in lower highs look at fcoin right the darling of the cycle people were buying fcoin at 273 down 85% in two weeks right I can believe that these are just going to continue to do this and the more coins that continue to get launched on pump fun is going to there’s too many memes there’s going to be too many memes that come out there’s not enough money to sustain all these meme coins meanwhile while you have retail distract by all these meme coins coming out right all the new ones now it’s fart coins those going to those are just going to you know bear out anyways because the the life cycle on these meme coins continues to get lower and lower and lower many people are trapped in these memes and it’s taken the focus off of utility coins and I’m going to show you guys exactly what I mean so the day that Trump was an office the day that Trump won okay the election was the changing point for all this right November I believe it was this Tuesday all right obviously initial bounce look what’s happened to these meme coins since the Trump election right and many people will say Trump launched his meme coin on salana who gives a crap right this is what happened to these meme coins since the Trump the Trump election win okay popcat has gone down 92% right with Trump election win was right first Tuesday right there all right you got an initial bounce got everyone sucked in down 90% right all across the meme coins I’m just showing a quick a few of the popular ones right Bon we could do the same thing right Trump election win got initial bounce you know down 80% right but I look around the market and what look at what what the difference was on this date for the utility coins first Tuesday xrp Trump wins Pico bottom strong as hell chain link Trump wins Pico bottom strong as hell right cardano Trump wins Pico bottom strong as hell right and this is this is my point in that previous video every bounce that Bitcoin gets the meme coins will bounce too most all coins will bounce but my point with this is and and I’m trying to help because the meme coins are going to bounce again and people are going to get sucked in again just for them to make lower highs and then lower lows my point with this is I believe this year while the meme coins make bounce right lower highs and lower lows these coins will make higher highs higher lows right on the significant bounces this year all right and this is the year of utility because you can notice as soon as Trump won and as soon as gendler said he’s stepping down utility coins have been absolutely rocking absolutely rocking it obviously we’ve gotten a little short-term pullback you know 30 40% on some of the these but the structure is still there meanwhile memes have been absolutely obliterated and I believe they’re going to continue to be absolutely obliterated while people get sold the fantasy of a meme coin super cycle think how stupid that sounds right and you probably only think that sounds stup don’t think that sounds stupid if you’re majorly invested in these things think how stupid that sounds a mem coin super cycle where thousands of Mee New Meme coins that people take attention of from the old meme coins every single day get launched there is no mem coin super cycle okay and maybe utility coins don’t run either this year but at least there’s a narrative behind it for this the potential to be the first pro crypto Administration in the white house where altcoins can actually shine that can do something I believe the mcoin thing was a huge distraction to get everyone out of the utility coins before those run like hard marshmallow guacamole this year while everyone’s stuck in whiff with hat and freaking fart coin think about that for a sec think about that for a second that’s what I believe is going to happen this year most retail stuck in pump fun memes while the utility coins are the ones that are making the gains this year to me that would be max pain all right and that’s that’s what I believe has already happened since my video just a month ago you’ve already seen seen it and I believe you’re going to say just because the memes are down 90% does not mean they can’t go down another 90% And then another 90% right so this is my general thought process and I can rant about this for ages all right and don’t be surprised guys don’t be surprised at some point soon Bitcoin gets a bounce back up to the top of the range and you see popcat and whiff and fcoin and Bon and all these memes and pepe bounce 50 60 70 80% up if you’re a Trader you trade that but if you’re looking for these memes to go 10 20 40 50x up from where they already are I really doubt it I really doubt it and I think they’re just going to put in lower highs while utility coins outperform in general right so that’s my thesis right now guys um I I could rant about this for days and I’ve ranted about it many many times I think this is the year that crypto gets back to the roots it all started last year when Bitcoin took the lead I think if we’re going to see some type of Al quote unquote altcoin season which I think is going to be not everything pumps but only specific coins pump you have to be really good at picking those utility coins that get people’s attention this year you got to see a move away from the mem coin at meta which is so exhausting at this this point so saturated at this point and get back to what made people interested in crypto in the first place which is speculation on altcoins actually being able to do something right it was speculation that caused altcoins to pump go back to 2021 people speculated on use cases and it was much it made the pumps and the moves up more sustainable when people actually had a backing of Something to Believe not just sitting in a meme coin and saying the community is awesome and this coin’s awesome right that worked right last year and the year before because there weren’t a million freaking meme coins there was a few pumping at a time now those life stands are so short you get one mem coin that pumps it goes up for like three or four days maybe a week people lose interest move on to the next one there’s no Doge or Sheba or whiff or Bon or Pepe anymore right where you get sustained rally up those just don’t happen anymore especially since Trump took so much of the liquidity out of that market right so that’s my thought process guys meme coins meme coin Death volume two you guys that are in memes are going to hate this and when you get that deadcat bounce of 50 60% you’re going to be coming in here trolling this video on the comment section saying see far Jordan called mcoin Dead V2 and my mem coin is up 50% but a real it you’re only at 50% if you bought the bottom in reality the people getting mad at me calling mcoin Death volume two are going to be the same people that were buying whiff at $4 right and popcat at a Dollar Plus and while you get that 50% bounce you’re still going to be down 70% right so once again you make your own decisions you come up with whatever you want but I’m here to just give you guys my thoughts of what this year is going to entail and I believe this year is going to entail altcoins utility altcoins absolutely setting the world on fire back to the roots and meme coin liquidity slowly getting sucked out with the SAA will get bounces but those bounces will be sold off into utility coins and then they make lower lows all right and and and I could I could even further this point and you know with my meme coin thesis I can even further this point I I watched a really good video by Ben Cowan shout out to Ben Cowan one of my faves honestly um looking at the sole Bitcoin chart okay and I can even further this point by agreeing with what he’s seeing and how Soul Bitcoin just looks a lot like eth Bitcoin did right where this you know e e Bitcoin was here and it should pretty much did this and if Soul Bitcoin did this what do you think would happen to meme coins and why would Soul Bitcoin do this maybe because people lose interest in memes and they transfer the meme money which Soul basically is built on into utility coins or the crypto market implodes right and Bitcoin just swallows the liquidity that could be the case too but I think there’s so many signs to me just looking at when Trump win the election and what performed well and what has the bed does that sole Bitcoin chart that I could talk about for days just look at the soul Bitcoin chart and then just look up the eth Bitcoin chart it’s self-explanatory great video by the way my guy Benjamin right could this be sole Bitcoin it’s just that sole Bitcoin is here could be so I’m loaded up on utility coins right chain link I bought the depot xrp CRV Crow harar I’m loaded up on utility coins we’ll see how it plays out for you guys trading memes you guys will have some really good rallies I think that you can you know you can play as a Trader but I think in general utility coins are going to be where it’s at this year all right so that’s the video today guys if you enjoyed death of meme coins volume two hit the like if you’re a mem coin believer hit the dislike you know I I know you won’t like this video and we’ll come back a month from now and see where we are you might get a you might get a bounce you might get a bounce and be higher in in Death of Me coins volume three a month from now all right have a great day guys um just another upload of video there’s not too much going on the market right now so I kind of enjoy when the Market’s slow just kind of going you know making these longer form videos instead of live streams I do miss making these and if you if you enjoy the videos let me know in the chat I I do like making these videos on on random different topics I just made an ethereum one so make sure you guys go check that out and uh you know just stay safe out there guys stay safe out there um this this this world is crazy right now as we all know and you know there’s a lot of crazy things happening especially in the US and you know stay safe out there fellas all right take care much love catch you guys in the next video peace
