Let's take a clear-eyed look at this. The sentiment is pure 2021 meme energy, but 2024 (and looking toward 2026) operates under a completely different set of rules.
The 2021 vs. Now Reality Check
Your examples highlight the extreme outliers of the last cycle, not a repeatable strategy:
· $LUNC (formerly LUNA):** Its rise to **$119 was a function of the UST algorithmic stablecoin ponzi mechanism, not organic growth. Its subsequent collapse to near-zero is the defining story, not the peak. The current $0.00004494 price is a remnant.
· $SHIB
: Its rise was a perfect storm of extreme retail mania, Elon Musk tweets, and the peak of liquidity-driven speculation. It has not come close to those highs since.
Why 2024/2025/2026 Will Be Different:
1. Institutional Dominance: The market is now driven by Bitcoin ETFs, macro liquidity, and regulated entities. Their capital flows into BTC and ETH, not micro-cap meme coins, by mandate.
2. Liquidity is Targeted: Even in a bull market, liquidity is more selective. It follows narratives with utility, revenue, or real ecosystems (DePIN, AI, RWA, Layer 2s).
3. Survivorship Bias: For every SHIB that exploded, thousands of meme coins died to zero. Remembering only the winners is a dangerous cognitive bias.
#memecoins #trading #Altcoins #RiskManagement #CryptoNarratives