Memecoins
Piggy Bankster ($PIGS) and the Power of Equity Launch Memecoins in 2024
Welcome to the memecoin supercycle. Memecoins have consistently outperformed all other verticals, and as BlackRock funnels users to Bitcoin ($BTC) and soon Ethereum ($ETH), on-chain degenerates are achieving insane returns. This cycle differed markedly from 2021, with a greater dispersion of returns; the simplest thing an investor can do is listen to the markets.
The markets have been shouting that memecoins are the winners of this cycle, and institutions have started buying as well. In the next twelve months, anyone will be able to turn four figures into six figures, provided they have an on-chain wallet and that dog inside it. THE best memecoins to buy they’re fair launches, and today we’ll look at why fair launches perform better than spotlight launches Piggy Bank ($PIGS).
Because the right launches outperform
The best qualities of cryptocurrencies are the open and permissionless nature of its markets. These attract global capital flows and allow anyone to participate in early-stage investments. This was very much the case during the ICO boom of 2017. Everyone entered from the bottom. Typically, in TradFi, this type of investment is reserved for VCs or accredited investors. Retail has no access.
Unfortunately in the altcoin markets, since the SEC effectively made ICOs illegal, early stage price discovery is happening in private markets. VCs are enjoying all the early stage gains for major altcoins. What did investors do? Altcoins drastically underperformed memecoins as regular investors refused to buy VC exchanges.
Over the last cycle, alt-tier cryptocurrencies have been among the best cryptocurrencies to buy. It is expected that in this cycle, new level one launches such as Sei ($SEI) and even the upcoming Monad will perform poorly. Why? Price discovery took place in private markets. What is the antidote to all these problems? Proud launches.
Memecoins, especially fair launches, have cryptocurrencies in a chokehold. A fully circulating supply at launch allows for fair and honest price discovery with demand (buyers) and supply (sellers) interacting openly. The net result has been explosive price movement for all memecoins implementing this launch strategy.
A fair launch also leads to distributed ownership, which has proven to be the number one feature of a successful memecoin. $WIF, $POPCAT, $BODEN and all other top performers share this characteristic. Open price discovery is what defines the best cryptocurrencies to buy now.
Piggy Bankster ($PIGS): The Next Breakout Star?
Piggy Bankster has started to build a community and was chosen as one of the best memecoins to buy this year due to its fair launch properties and branding. Memecoins don’t have to be complicated, and $PIGS exudes class. Building a community early shows that the team understands the importance of the social level and that the branding jokes are excellent.
Why are analysts betting that $PIGS will be the first pig-themed token to reach $1 billion?
“Every pig has its day, and today is mine.” Piggy bank piggy bank.
Many try to overcomplicate memecoin trading. All a token needs to be successful is good branding, good optics, and following a fair launch mechanism. Piggy Bankster will launch with a fully circulating supply and price discovery will take place outdoors. It follows the same path as dogwifhat, Popcat and all the other overperformers this year. Analysts label it as one of the best memecoins to buy should not be ignored and $PIGS is ready to fly. The pig season is about to begin. Do you have a ticket?
Want to know more about Piggy Bank ($PIGS)? Adhere to Community Here.
Disclaimer: Insights provided by crypto industry players and are not part of the editorial content of BanklessTimes.