CandleFocus Investor Chris Burniske Says Memecoins Will Be Bigger Than We Expect This Crypto Cycle – Here’s Why
2024-10-08
Author: Content Editor
Crypto veteran Chris Burniske believes that memecoins will have a strong presence in the current digital asset market cycle, surpassing the cultural relevance of some NFT collections. He also expresses optimism about the development of NFTs, suggesting that true art and creative utility will come into focus, allowing builders and creators to better connect with their tribes. Burniske previously argued that favorable conditions, including infrastructure maturation and user growth, are aligning in favor of the crypto asset class. At present, memecoins have a market cap of $53.573 billion, while NFTs are valued at $24 billion.
Related News
Peter Schiff to debate Michael Saylor on Bitcoin vs. gold Whale Alert: 1.3 Trillion Shiba Inu Moved to Exchanges in One Day, Price Reacts Top Solana Ecosystem Tokens with the Highest Growth Potential for Explosive Gains China’s New Stimulus Package Likely to Drive Crypto Price Surge Fresh Bitcoin whales invest over $100 billion, signaling market transformation Trader Makes $1 Million Profit Swing Trading Memecoin Binance Issues Vital Update On Tornado Cash (TORN) & These 9 Coins Coinbase Unveils Major Update for Bitcoin Users, Here's All Top Blockchains by Total Value Locked (TVL): Ethereum’s Dominance Building real-world projects using meme-inspired strategies Former Bitcoin Dev Peter Todd Denies He’s Satoshi Hours Before HBO Documentary Airs Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In HBO documentary leak suggests ex-Bitcoin dev Peter Todd is Satoshi Hours to Go for the Documentary Claiming to Reveal the Identity of Satoshi Nakamoto – Odds Are Volatile! Here’s the Final List Canary Capital files for XRP ETF with SEC filing Crypto scam: Coinbase warns Gen Z about growing online threats Ethereum’s Tightrope: Analyzing ETH’s Price Dynamics and Support Levels I Just Entered the Bitcoin Mining Lottery: NIKOLAUS Fetch.ai at Crucial Price Levels That May Shape Its Future Ripple Scores Major Award as XRP Price Remains in Red Bitcoin follows ‘perfect script’ charting $150K+ all-time high this cycle — Analyst How Bitcoin Price Would Be Affected If Satoshi Nakamoto’s Identity Is Revealed? Bitcoin Protocol Babylon Pulls in $1.5B of Staking Deposits as Cap Lifted Pump.fun tops $900K revenue for 12 straight days Ethena Offers New Approach to Crypto Investments SuperVerse Shows Signs of Strong Growth with Key Bullish Indicators X to be restored in Brazil in 24 hours, rules Justice Alexandre de Moraes Who cares about a memecoin supercycle? BTC Price Analysis: Can Bears Push Bitcoin Below $60,000 Soon? CATS Token Listing Sparks Market Excitement Amid Distribution Issues Hex Trust teams up with Clearpool to launch Ozean Spot ether ETF flows were $0 yesterday, negative $548 million since launch ‘Hamster Kombat’ Offers Bonus for Telegram Players Who Stake Airdrop Tokens Cardano (ADA) Price Consolidates Amid Steady Whale Activity Ethereum price lags Bitcoin and altcoins, but is a rally to $2.6K possible? PEPE Price Stability in Doubt as Market Momentum Fades Why are memecoins up today? Cat-Themed SHIB Rival Listed on Leading US Exchange DOGS, Notcoin to Burn $4 Million in Unclaimed Telegram Airdrop Tokens Ripple (XRP) Price Could Decline 17% as Bearish Signals Persist Chainlink Set for Growth: LINK Could Reach $159 If Market Cap Hits $100 Billion Tradias secures funding, BaFin license, eyes European expansion Ex-FTX exec ‘not worried’ about reporting to prison on Oct. 11 Dogecoin No Longer Aiming for the Moon as Open Interest Shrinks by $458 Million Brazil to review Elon Musk’s X ban after $5M fine payment Theoriq launches testnet for blockchain-based AI agent network Figment Capital leads $3 million seed round for Semantic Layer Web 3.0 Bank on XRP Ledger: Bridging Finance and DeFi for a New Era Upcoming DOGS and Notcoin Burn Event: What’s Next for Investors? Sui Price Forecast: After 100% Rise, How Close is a New All-Time High? Szabo or NSA? New report revisits Bitcoin creator mystery Bitcoin Coinbase premium turns negative as BTC price stalls under $63K Bitcoin Layer 2 Bitlayer raises $9 million Series A extension at $300 million valuation Blockchain activity soars 70% in Q3 driven by AI DApps Solana to Outperform Ethereum, Bitcoin in 2025 if Trump Reelected: Standard Chartered ETH users stake 28.9% of supply, signal ‘long-term’ confidence Bullish bitcoin Q4 thesis bolstered by FTX repayment developments, K33 analysts say WAP crypto token promoted by Cardi B traced to scam origins Near patches ‘Web3 Ping of Death’ vulnerability that could crash network BREAKING: Coinbase Decides to List a New Altcoin Cardano Moves In A Range And Struggles With The $0.40 Barrier USDT Is 104% Backed, Tether CEO Says Bitcoin Miners’ Revenues Decline for the Third Month in a Row: CEOs Speak Out Crypto 'Supercycle Can Start Any Day,' SHIB Team Tells Community, Here's Catch Russian investigator handed 16 years in jail for accepting 1,032-bitcoin bribe Crypto Investors Mostly DCA Into Their Coins, Finds Kraken MARA Launches Pilot to Harness Shale Gas for Bitcoin Mining Operations Crypto analyst sets Bitcoin price roadmap down to $52,000 Bitcoin Protocol Babylon Hours Away From Opening 'Duration-Based' Staking Round What’s Next For Toncoin Price After Reaching 100 Million Holders? Giant Bitcoin Whale Buys $696 Million in BTC, What's Happening? VeChain Awarded US Patent for Blockchain-Based Identity Authentication Arkham Reveals BlackRock's Wallet! How Much Bitcoin (BTC) Is In It? Which Altcoins Does It Hold? SHIB Trader That Made $145M Swaps Position To NEIRO, More Gains Ahead? Bitcoin Last Traded at One Cent This Day 14 Years Ago Solana (SOL) Price Prediction for October 8 Jupiter Exchange Launches New Mobile App on Solana MicroStrategy's Saylor Invited to Bitcoin Arena as MSTR Aims for All-Time High Telegram CATS to List on Bybit, Bitget & Other CEX Today! Cardano Founder Spotlights Major Use Case for DeSci Ripple Vs SEC: Will Settlement Speculation & SEC Appeal Affect XRP Price? Aptos (APT) Becomes Best Performer in Top 100 Again: Possible Reasons Coinbase Announces New USDC Listing: Details 1,000,000 Bitcoin (BTC) at Stake as Crucial Date for Satoshi Nakamoto Mystery Comes Analyst Reveals Crucial Ethereum Support for Rally to $6,000 BingX Hack: 700 Tokens Recovery, Platform Operations Resume Ethereum’s Path to a 6-Week High Hinges on These Key Holders Dogecoin (DOGE) Whales Run out of Patience: Details XRP Stagnant as Only Price Glitches Push Prices Higher: Investors Lament 2.2 Billion XRP Moves in 24 Hours: What's Going On? Report: State Street enters tokenized bonds and digital money funds As Critical Days Approach for Bitcoin, Whales Bought These Altcoins the Most in the Last 24 Hours! WLD Targets $2.30 After Breaking $2.18 Resistance, With RSI Signaling Potential Rally BitcoinOS and B2 Network to secure $110M in Bitcoin DeFi assets in 2024 Layer-2 Scroll Shares Plans for SCR Token Airdrop Cardano (ADA) May Be Nearing a Bull Run Against Bitcoin Expert Trader Forecasts XRP Price Will “Melt Faces” When it Hits $120 Biggest Attack on Ethereum (ETH) Decentralization Gone? EIGEN has formed a bullish pattern, but two risks remain Ripple CTO Dispels XRP Community Doubts on RLUSD Stablecoin SHIB Burns Collapse, While Shiba Inu Plunges 4.6% DeBridge introduces Hooks for real-time data transfer across DeFi Ethereum Price At A Make-Or-Break Junction, ETH Whale Selling Continues Moonveil Launches Its L2 on Polygon CDK in Testnet: Details Forget Toncoin (TON) $7 Target, This 610 Million Sell Wall Is the Real Barrier Bybit joins Nordic Blockchain Association to boost regional blockchain growth RedStone brings oracles for Bitcoin staking to expand use cases in defi Solana Expands Cross-Chain Connectivity with Router Protocol Integration Bitcoin price stuck in a range as balances on exchanges plunge JUST IN! SEC Sends Wells Notice to Another Cryptocurrency Exchange! Bitcoin Up 40% YTD, but Gold Wins on Risk-Adjusted Returns RWA Issuer Midas Expands Tokenized Products to Retail Users with Regulatory Nod in Europe Ethereum Foundation's Latest 2,500 ETH Transfer Stuns Crypto Community Bison launches insured Ethereum staking service Algorand Introduced $EURD and $USDCa as MiCA Compliant Stablecoins in Europe Infinex Leverages Wormhole to Support Cross-Chain Functionality Following $65M NFT Sale Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI? Justin Sun saves the day after Ty Dolla $ign accidentally burns $500k worth of SUNDOG Bitcoin market braces for volatility as US prepares $4.38B Silk Road asset sale Reminder to Update Your Bitcoin Wallet's Firmware Dogecoin Struggles After Breakout: Will $0.10 Support Hold Amid Volatility? Nobody likes Bryan Johnson’s breakfast at the Network School Chinese Stocks Crack Following A Week of Rally, Will BTC and Altcoins Benefit? Shiba Inu Recognized as Top Meme Coin for Charitable Donations Cardano Next Move “Will Shock” the Masses, Says Top Analyst Will Worldcoin Price Explode 400% If Microsoft Buys OpenAI? Mysterious 4,000 BTC Transfer Heats up Intrigue for Crypto Community CATS see 691% surge ahead of major exchange listings Boom Bap Burger now accepts BTC for burgers via Swiss Bitcoin Pay 3 Trillion Shiba Inu (SHIB) in 24 Hours: Whales Waking up Again HIPPO price soars 164%, emerges as top meme coin on Sui Palau debuts blockchain-based savings bonds by CBDC developer Soramitsu Korea eyes FX rules for stablecoins used in cross-border trade: report Bahamas students each win $10k in NFT competition sponsored by Snoop Dogg’s son How ETFs Became the Gateway to Bitcoin Aptos Starts Monthly Series for AIP Community Review Meetings High inflation vs regional conflict: Which leads to higher adoption of Bitcoin and crypto? Bitcoin ETF Options Can Trigger Super Cycle, Bitwise Executive Explains Attention Investors! Upbit and Bithumb Are Preparing to List This Altcoin That Caused Prices to Fly! ‘All Eyes on BTC’ – Trader Sees Bitcoin Mirroring October 2023 Run-Up After 200 Days of Accumulation Shiba Inu (SHIB) Skyrockets 109% in Activity Amid $229 Million Market Sell-off Solana Meme Coins Explode in Popularity, Hitting $10 Billion Market Cap Samsung Agreed With This Altcoin, The Price Moved! Expert Analyst Predicts This Solana Price Bullish Reversal Pattern Could Send SOL to $1,200 DeFi yields exceed 60% APY on bitcoin with insane risks Analyst Says the SEC Appeal Does Not Matter for XRP Price Fantom (FTM) Rallies 68% in 30 Days, but the Path to $1 Remains Unclear EigenLayer Token Unlock Hits Snag: Price Dips and Security Concerns Binance's XRP Holdings Spike: Is Bull Run Back? Here's Why FTX Repayments Won't Be Super Bullish for Markets, According to Analysts Bitcoin due 'capital reallocation' as China halts stimulus — Analysis Popcat Price Prediction: Can POPCAT Rebound After 20% Price Plunge? Hip Hop Artist Ty Dolla $ign Drops $420K on Tron Meme Coin Sundog Xalts launches new RWA tokenization platform on the Polygon Network SUI leads top gainers as open interest hits all-time high Is Ethereum Headed for a Breakdown? Key Levels to Watch Below $2,400 AI Coins Soar As Nvidia Stock Hits Six-Week High, Rally To Continue? Shiba Inu (SHIB) Price Has Chance Smart Money Moves: Whales Are Piling Into These Altcoins Cryptocurrency Prices Today Oct 8: BTC Wanes To $62K But SUI & NEIRO Up 11%-19% Axie Infinity Burned 43M SLP in September Through Meta Morph NEIRO surges 15%, further rally could be on the way Solana-centric wallet Phantom adds support for Coinbase’s Base network Tim Draper: Bitcoin’s Decentralization Will Make it a Global Currency Bitcoin Price Forecast: This Week’s Trends And Historical Patterns For Q4 Korean news giant Chosun Ilbo accused of supporting $3 billion KOK crypto scam UN Agency Recommends Criminalization of Unlicensed VASPs in Southeast Asia to Counter Cyber Fraud Bitcoin Exchange Binance Announced That It Will Convert These Altcoins That Remain in Wallets It Previously Deleted into USDC! Here Are Those Altcoins Investor Chris Burniske Says Memecoins Will Be Bigger Than We Expect This Crypto Cycle – Here’s Why Crypto wallets deter gamers from trying Web3 games: Report Fantom Nears 50% Fibonacci Breakout: Is $1 on the Bullish Radar? Santiment Shares the Most Trending Altcoins Right Now and Why! Young investors see crypto as better alternative to US stocks, personal brands: BofA Bitcoin Approaches Second Golden Cross Formation, Analysts Expect Pumps Towards $73,7000 – $250,000 $700,000 Gas Fee in Single Ethereum Transaction, What's Happening? Here is Shiba Inu Price if SHIB is Able to Surge as Much as It Did After the 2020 Bitcoin Halving Bitcoin Tumbles to $62K as Meme Coins Nosebleed in Latest Crypto Downturn (Market Watch) Fan tokens’ trade volume surpasses $1 billion in 24 hours, OG Esports leads surge Archax, Assetera partner to offer 91 tokenized funds in UK market Binance Releases New Proof of Reserves! Here Are the Amounts of Bitcoin, Ethereum and Altcoin in Hand! Ripple Keeps Burning RLUSD After Minting 42 Million Stablecoins JUST IN! Binance Announces Surprise Altcoin Selected for Latest Launchpool Project! Bitcoin Price’s 20% Rally Delayed but Not Invalidated – Here’s How Algorand Leads the Way with MiCAR-Compliant Stablecoins Amid Coinbase Delistings in Europe Arthur Hayes tells crypto projects paying CEX listing fees is not worth it Crypto Exchanges See $2.68 Billion Exit as Market Faces Short-Term Price Pressure This User Just Paid $700,402 as Ethereum Transaction Fees to Send Nothing U.S. Election 2024: Bitcoin And S&P 500 Options Show Divergent Trends Bitcoin Faces Downward Pressure After Hitting $64K XRP Army Petitions SEC to Stop Its Appeal Against Ripple Ethereum (ETH) Struggles to Break $2.5K Amid Bearish Dominance Analyst Says PUMPtober Begins For Shiba Inu: Get Ready for a Wild Ride Worldcoin (WLD) Price Rises as Holders Await Further Growth Aptos (APT) Price Up 14% In A Week, But Trend Weakens Trader Predicts Q4 Fireworks for Bitcoin, Says BTC Primed for Mid-October Breakout – Here’s His Price Target FTX Token (FTT) Price Crashes 16% as Massive Selling Follows Repayment Plan Manta Network and Base Lead Growth in Ethereum Layer 2 Ecosystem ETF analyst sparks outrage with ‘blatant misinformation’ about Ethereum Bullish Bitcoin Hopes Dented as China Eases Stimulus Plans Linea proposes decentralization roadmap including proof-of-stake model for block validation Ethereum proposal to boost transaction speed and help DEXs save $100M sparks enthusiasm in community Latam Insights Encore: Bukele Might Orange-Pill Milei on Bitcoin Ancient Bitcoin Whale Wakes Up, Sends $634K to Kraken Dogecoin Price Could Revisit $0.1 Before Rallying 50% Analyst Suggests XRP Macro Cycle Wave 3 Could Push Prices to $12+ Top Analyst Predicts Chainlink Price If Market Cap Hits $100B Crypto’s Political Spending Spree: Free Speech or “Monstrous” Influence? Morocco advances digitalization; Thai firm trials blockchain Pundit Says Ripple’s True Development Plan Could Push XRP to 5 Digits: Details Top 10 Game Altcoins Developers Are Focusing On Are Revealed – Here is the List Billion-dollar crypto broker, FalconX seeks to acquire viable companies following record revenue increase XRP Lawsuit: Why Is Ripple SEC Settlement Unlikely After Agency's Appeal? What Does Donald Trump Lead Over Kamala Harris Mean For Crypto Market? Trump's Presidential Odds on Polymarket Spike to Two-Month High Amid Bettor Speculation Core Team Communication Could Spur WTK’s Recovery—Expert Insights Inside US spot bitcoin ETFs saw $235 million in net inflows yesterday, led by Fidelity’s FBTC US Supreme Court knocks back case over $4.4B Silk Road Bitcoin Solana (SOL) Flashes Breakdown Signs: Will Support Hold? Trump-related meme coins rally following high Polymarket odds and endorsement from Elon Musk XRP Price Struggle Continues: Can Bulls Turn It Around? 500% Growth for JASMY: What’s Next After Hitting $0.045? 2024’s Mining Titans: The 5 ASIC Machines Redefining Cryptocurrency Mining Next Altseason Tokens to Buy in 2024: Top Picks for Explosive Crypto Gains Bitcoin rewards app Fold files S-4 for IPO merger; plans more BTC purchase Texas town residents sue Marathon Digital over crypto mine noise 21Shares urges EU to change ‘inconsistent’ crypto ETP rules Bitcoin Traders Are Eyeing This Week’s CPI Data. Here’s Why Ethereum Price Dips Again: Is This a Buying Opportunity? From Privacy to Cloud Computing—How These 5 DePIN Tokens Are Changing Crypto Infrastructure DEXPro Announces Major Upgrade with New Chain Integrations and Enhanced Security Features Trump, Harris Plans Would Add $11,000,000,000,000 To US National Debt: Nonpartisan Think Tank Forecast Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near? Bitcoin Price Pulls Back: Can It Recover After Correcting Gains? Ethereum ICO whale transfers 5,000 ETH to Kraken after selling $113M in two weeks 4 Key Takeaways From Elon Musk and Trump Rally in Butler Nick Szabo overtakes Len Sassaman as HBO's Satoshi reveal on Polymarket XAI Games Collaborates with Novadash and Spiral DAO to Unveil Liquid Locker Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens Revolut prevents $13.5M of ‘potential fraud transactions’ in crypto FTT jumps 50% after FTX gets court approval to repay customers in full 4 bold predictions for Bitcoin in the 2024 presidential election Internet Service Giant Says 237,703 Customers’ Social Security Numbers Exposed in Major Data Breach First Polkadot Core Sells For 69 DOT: Will Prices Move? Crypto Whales and Institutions Possibly Positioning for Bullish Dogecoin (DOGE) Move, According to Analyst AI Deep Fakes and 'Weaponized Weather' Misinformation Target Hurricane Victims Solana (SOL) Breakout We've Been Waiting For, Etheruem (ETH) Might Not See $2,500, Dogecoin (DOGE) Needs $400 Million to Move Up Nigeria ditches US dollar, will now sell crude oil in naira Why These 5 Gaming Crypto Tokens Could Deliver Massive Gains in 2024 Privacy tokens reach highest delisting rate in 2024 — Kaiko