Stacy Muur Speculates the Market Top May Be Near as Meme Coin Popularity Surges

Decentralized Finance (DeFi) analyst Stacy Muur has warned that the surge in meme coin popularity may signal the end of the current crypto bull run.

Decentralized Finance (DeFi) analyst Stacy Muur has shared her insights on the recent surge in meme coin popularity, suggesting that it could be a sign of the current crypto bull run nearing its end.

Following Messari’s analysis of meme coin investing, Muur speculates that investors might want to consider securing their profits.

According to Messari’s research, a pattern can be observed in the crypto markets where major investments tend to begin with crypto infrastructure projects, such as decentralized exchanges (DEXs), NFT marketplaces, and DeFi protocols.

“This is very logical: Crypto bull markets usually begin with BTC or smart contract platforms due to factors like liquidity, risk-reward profiles, and technological breakthroughs. These assets signal that “crypto isn’t dead,” attracting speculation and development,” Muur explained.

The investment trend then shifts toward more volatile assets like meme coins, which are known for their potential rapid gains. However, Muur warns that meme coins are usually the first to fall, marking the end of a speculative wave across the crypto spectrum.

“This insight can be used to gauge market tops: When meme coins lead the market up, and then sharply correct, it’s time to secure profits,” Muur added.

Muur's Speculation on Market Top

Muur's analysis is based on the premise that meme coins follow a predictable pattern in the crypto market cycle, which typically begins with investments in major crypto infrastructure projects.

As the bull market progresses, investors' appetite for riskier assets increases, leading to a shift toward meme coins, which are known for their potential rapid gains. However, this speculative wave also marks the beginning of the market decline, with meme coins being the first to fall.

Messari’s analysis highlights this trend, showing that meme coins, such as those listed on pump.fun, experienced a surge in 2021 before crashing along with the broader crypto market.

“Messari's analysis reveals a pattern in the crypto markets that typically starts with major investments in crypto infrastructure projects. This logically leads to buying memes when classic DeFi/crypto plays begin to rally,” Muur explained.

Muur's thesis has sparked discussion among her followers, with some expressing agreement and others questioning her analysis.

“This framework for the entire thesis is wrong. Memes were the first to pump this cycle, unlike in the past. We are now moving into a higher liquidity cycle with interest rate cuts. We are nowhere near close to the peak,” an X user commented.

BeInCrypto also covered insights from an analyst this month, who pointed out three market top signals:

The increasing celebrity involvement in meme coins, with figures like Caitlyn Jenner, Iggy Azalea, and Andrew Tate launching their tokens, mirrors past market peaks in 2017 and 2021.

Moreover, the creation of over one million new meme coins in April alone indicates extreme market speculation, which, combined with the widespread sharing of PnL screenshots, suggests the market might be nearing a turning point.

News source：https://www.kdj.com/cryptocurrencies-news/articles/stacy-muur-speculates-market-top-meme-coin-popularity-surges.html

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