“We’ve been moving sideways for so long that I’ve started to forget what gains feel like.” That’s a recent quote about Bitcoin from a caller to Gary Cardone’s podcast on YouTube. It pretty much summarizes how a large number of crypto traders are feeling about BTC since March. But altcoin markets are still roiling with high volume meme coin sales like Popcat and Flockerz.
You’ve most likely already heard of Popcat by now. That Solana meme coin delivered the most returns of any major cryptocurrency in Q1 of this year and has had some hot rallies since then. You’re only hearing about Flockerz now, because the project just launched to fanfare and has already pulled in north of $180,000 in pre-market listing sales. Check out why on their site.
The seemingly lackluster performance of Bitcoin is something more advanced market watchers may have seen coming. Like every disruptive business, as it scales to serve more and more of its total addressable market, each new round of investments fetches less ROI for backers because economies at such scale cannot deliver those early stage growth percentages.
The Jig Is Up For Bitcoin
In the case of Bitcoin, the secret is way out. The SEC, Fed, IMF and everyone knows what it is, understands the nature of its innovation and disruption, and approves of it for use by the masses as a legitimate and safe financial product.
That’s all great for Bitcoin, but it means you’re late to make a winning bet that it will work while others bet it won’t or don’t know about it yet. Not so late that you can’t beat average US stock gains with a long-term Bitcoin savings plan, which is better than anyone expected a decade ago and it’s super easy.
But it’s only slightly less easy to do much better than that, following the repeatable methods of crypto altcoin gem hunters who stay on top of their bags and watch the crypto news daily for profit-taking opportunities to unload from their bag, and more profit-making opportunities to buy with their profits. They’re looking for the next thing that’s where Bitcoin was five or ten years ago.
Bitcoin price already hit a new all time high on 3/14/24 before the halving on 4/19/24. In previous halvings it took months after the cut in daily BTC supplies to achieve this.
One could call it a bullish portent, but it may be that a wider, better informed market, with greater Bitcoin adoption than expected, advanced toward a settled price level sooner.
Based on the market leading Wall Street stocks in 2024, (like four out of the top five were BTC miners), we can safely conclude Wall Street rushed Bitcoin’s fourth halving a year early.
BTC’s Diminishing Returns And Meme Coin Market Coups
In previous halvings BTC delivered dramatically more ROI to investors from the multi-month cyclical bottom to the peak.
- On 3/14/24, the fattest part of the BTC rally was 432% for 16-months held.
- After halving on 5/11/20, Bitcoin yielded 1,000% by the BTC peak on 11/10/21.
- When BTC halved on 7/9/16, max ROI was 8,500% on 12/24/17.
- When BTC halved on 11/28/12, max ROI was 50,000% on 11/29/13.
If a fat lick on a more sure thing like Bitcoin (the known hazards being cyclical in nature) is what you’re after, that’s available and this generation is so spoiled to have something like that.
Flockerz Could Be Next
But there’s something else going on here:
- Shiba Inu delivered 277% ROI in 10 days starting on Feb 29th.
- Pepe delivered 1,100% ROI in three months starting on Feb. 25th.
- Popcat delivered 3,600% ROI in 65 days from Feb 29 to May 4.
Feb 29 is Leap Day and May 4 is Star Wars Day. These markets are such calendar queens.
You’ll more likely than not be disappointed if you ape into Bitcoin with the CNBC sheep while expecting 2013 or 2017 BTC profits. If you’re aiming for something with rewards like that, you’ve gotta aim for something with the kind of risk-reward profile Bitcoin had back then.
It may not be as exciting as Bitcoin, creating an entire global shadow government out of 26,221 lines of C++ code, but it’s what you have now, if that’s what you’re after, pumping liquidity into Ethereum to create automated smart money with Reddit and Myspace memes on it.
That’s why now’s the perfect time to fire up the MetaMask wallet on your phone or web browser, top off your ETH, BNB, or USDT, and get over 32,000 FLOCK tokens at the Flockerz presale price for $180, plus Ethereum mint fees, because these keys to these blockchain tokens will be yours, and secured by Ethereum over an automatically self-executing ERC-20 contract.
