The Meme Coin Super Cycle is Coming! DeFi Researcher: “These 14 Coins” to Watch Out For

After the approval of the Bitcoin spot ETF in the United States, many investors shifted their speculative expectations to Ethereum spot, causing Ethereum ($ETH) to surge to a high of $2,717. Renowned DeFi researcher Alex Wacy pointed out on January 12th that despite Ethereum’s lackluster performance over the past year, he is optimistic about the development of the Ethereum ecosystem as the market begins to speculate on the Ethereum spot ETF.

He mentioned that the Ethereum Season could bring about a significant Altcoin Season. In the last bull market, the comprehensive Altcoin Season lasted for about 6 months. Will we see an Altcoin Season in the coming months? Alex Wacy believes it is challenging to predict this time’s situation, but he speculates that the market may experience a calm period after the favorable landing of the Ethereum spot ETF or the launch of the EigenLayer staking project.

He also referred to the chart comparing Bitcoin Season vs. Altcoin Season indicators and pointed out, “It is evident that we can expect a new super growth cycle from 2024 to 2025.”

Which track is about to break out? Alex identifies 14 potential coins for the upcoming super cycle, how should retail investors prepare? Alex Wacy shared the “Beta Watchlist,” listing 14 potential coins:

$ARB: King of Ethereum Layer 2
$OP: OP Stacks provides substantial returns
$LDO: Leading liquidity staking project
$RSTK: Restaking narrative
$SSV: Staking infrastructure
$AQUACITY: Massive integrated ecosystem
$PENDLE: Project simplifying liquidity trading
$LBR: Stablecoin supported by Liquidity Staking (LSD) yield
$OGV: Low-market-cap liquidity staking finance project, with a current total locked value of only $100 million.
$SNX: Deep liquidity supply protocol
$ENS: Ethereum veteran project (OG)
$PEPE: Largest meme project on Ethereum
$MKR: Major ecosystem on Ethereum, including decentralized finance (DeFi), real-world assets (RWA), and other applications.
$BLUR: Best NFT trading platform

It’s worth noting that Alex did not provide detailed introductions for the above 14 blockchain projects. Investors should not blindly enter without understanding the targets. If interested in these projects, priority should be given to reviewing their whitepapers to understand their operating mechanisms and pros and cons.