We do not yet have a Meme Coin Market Cap index in TradingView but I am expecting Meme Coin Total Market Cap to reach ~420B Market Cap at pico cycle top this cycle
Reasons: - DOGE is basically playing out the 'OTHERS' market cap chart, just a cycle behind. -Instead of DOGE, you can change this to the Meme Coin market cap chart (DOGE was basically the only meme coin in 2020 - SHIB came later). Currently Meme Coin Total Market Cap as of today 5/23/2024 is 61B Market Cap (DOGE MC is currently 23B)
-2017 - #OTHERS MC peaked at 70B MC. -2021 - #OTHERS MC peaked at 450B MC. -2021 - DOGE MC peaked at 70B MC. -2024 - Meme Coins MC predicted to peak at ~420B MC.
DOGE, SHIB, PEPE, and CRYPTOCAP:WIF market cap index limited history, is the bright green line chart.
Price is fractal, studying Market Caps is the alpha-leak.
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