Bitcoin-based Memecoins Gain Traction as Beta Bets Amid Surge to Lifetime Peaks
Bitcoin-based memecoins such as PUPS, DOG•GO•TO•THE•MOON, and BILLION•DOLLAR•CAT are becoming increasingly popular as speculative assets during times of low volatility in other crypto sectors. The Runes protocol, which allows for the creation of fungible tokens directly on Bitcoin using its UTXO model, has surpassed BRC-20 in terms of market capitalization. As Bitcoin continues to reach new all-time highs, some crypto traders on X are turning to memecoins as a beta bet on its growth, making it a noteworthy trend to follow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale spent 17.1 million DAI on the chain to buy 4,943 ETH 5 hours ago
SendAI launches open source toolkit Solana Agent Kit to support connecting AI agents to Solana
Matrixport Research: Year-End Review of Major Crypto Events in 2024
The price of BTC may突破 $160,000 in 2025.
Analysis of focEliza: Accelerating the Further "Chainization" Upgrade of the ELIZA Ecosystem
Lock in innovative opportunities in the standard direction of the framework to explore the value behind interesting innovations. Capture the logic, and perhaps the next big opportunity is nurtured within it.
Trending news
MoreCrypto prices
More
