Memecoins

Memecoin Mania is boiling! Join the Bybit Web3 live streaming debate: fashion or future?

Published

8 months ago

22 May, 2024

With CryptoYapper, AltCryptoGems, BeInCrypto and Ronny Roehrig (CEO of Cripto Avances).

DUBAI, United Arab Emirates, May 22, 2024 /PRNewswire/ — BybitWeb3the Web3 division of Bybit – one of the top three cryptocurrency exchanges globally by trading volume, announced its next live streaming event today, “Memecoin Mavericks: Where will the winds of Memecoin destiny blow?”

Scheduled for Friday, May 24, 2024 at 8:00 UTC, this highly anticipated panel featuring renowned industry experts will discuss the importance and future of memecoins within the ever-evolving Web3 landscape.

In addition to the expert firefight, the event boasts a popularity voting contest featuring nine charismatic and trending memecoins: AllYourBase, Toshi, BaseGod, Brett, Based Fellas, FOMO, Based Peaches, Poncho, and EZ. Participants who participate in the voting will have a chance to win the most popular memecoin based on collective votes.

“We are excited to present ‘Memecoin Mavericks,’ an engaging livestream discussion where industry leaders will analyze the future prospects of memecoins,” said Emily Bao, Bybit Web3 Evangelist. “This event captures the dynamic spirit of Web3 and provides a unique platform for our community to gain valuable insights, engage in lively discussions, and even win big. Join us on May 24th to find out if meme coins are just a fleeting trend or the next big thing in the cryptocurrency world.”

Because you can’t miss this live stream

The meme craze heats up

The memecoin market is experiencing a red-hot surge, with trading volume reaching its highest level since May 2021! This surge indicates a massive influx of interest in memecoins, with popular tokens such as Dogecoin, Shiba Inu, Pepe, Floki Inu, Dogwifhat, BONK, Brett, and Toshi leading the way. This trend coincides with the burgeoning use of the Base network. Data from DeFiLlama shows that its 24-hour trading volume currently exceeds $250 million, a tenfold increase from just $25 million at the end of January.

Memecoins themselves have seen a phenomenal 195% year-on-year increase, significantly outpacing Bitcoin’s respectable 123% increase. The total market capitalization of memecoins has grown to a whopping $51 billion, demonstrating the immense potential – and inherent risk – that this sector holds. But is this a sustainable trend or a fleeting frenzy? Join our live stream to find out!

Renowned experts. Fiery debate.

Witness CryptoYapper, AltCryptoGems, BeInCrypto and Ronny Roehrig (CEO of Cripto Avances) engage in a lively debate on a range of thought-provoking topics. From the true spirit of meme culture in Web3 to the potential of memecoins on Base versus Ethereum, prepare for explosive discussions on investment factors, memecoin trajectories, and the future of this fascinating crypto niche.

The story continues

DEX Pro Demo & Quiz with Great Rewards!

Discover the cutting edge of Bybit DEX Pro platform through a detailed walkthrough. Plus, test your memecoin knowledge and win up to $5,000 in trending memecoins on Base by participating in our interactive quiz during the live broadcast! Don’t miss: The voting window is open until May 31, 2024 at 11:59 pm UTC.

Bybit: Your gateway to conversation about Memecoin

This live stream is your chance to delve into the fascinating world of memecoins and gain valuable insights from industry leaders. Don’t stay on the sidelines – tune in and join the conversation: https://www.bybit.com/en/press/live/web3-memecoins