‘Memecoin Supercycle’ Analyst Thinks 20-25 Meme ‘Cults’ Can Join Dogecoin, Shiba Inu And Reach Billion-Dollar Valuations

Crypto analyst Murad Mahmudov argues that meme coins represent a new digital asset paradigm, driven by community belief rather than utility or technology.

What Happened: During an interview on The Block Crunch podcast, Mahmudov referred to meme coins as “tokenized vessels of faith,” stating that they absorb societal discontent, especially among younger generations facing economic hardships.

Drawing comparisons between Bitcoin (CRYPTO: BTC) and successful meme coins, Mahmudov pointed out that both foster “hardcore community” and “cult-like” followings. He tweeted a list of meme coins he believes are poised for significant growth, including SPX6900 (CRYPTO: SPX), Dogwifhat (CRYPTO: WIF), Giga (CRYPTO: GIGA) and Mog Coin (CRYPTO: MOG).

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