Memecoin Meta: TA, Animal Runners & Launchpad Era Debate
Crypto Twitter is split on whether TA works on memecoins, whether animal coins are due for a comeback, and how the launchpad era has changed what's possible.
What we know
An account on X claims technical analysis does work on memecoins, pointing to a $LUKE call. Another account on X thinks the market is overdue for an animal coin runner. Meanwhile, another account on X cautions that the pre-launchpad era's $5B dog-with-a-hat moment is unlikely to repeat. Another account on X warns of a Solana memecoin trap, while another account on X asks the community which single chain they'd commit to for the next 12 months.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.