Bear Market? Memecoins Never Got the Memo – Insights via Memecoinist
The bear market is supposed to be quiet. That’s what the suits say. "Downturns are for building," they tell you, while chain activity flatlines, Discords go ghost, and L2s with billion-dollar valuations tweet once a month like they're in timeout.
But memecoins? Memecoins never got the memo.
ETH can be bleeding, BTC doing its best impersonation of a stablecoin, and the top 100 looking like a graveyard of unrealized ambitions — and yet some dog or frog with zero utility and a barely functioning website is up 800% overnight.
That’s the entire story of this cycle.
It’s like we’re living in two different cryptos. One is the clean, corporate, VC-manicured “web3 future” with token launches that feel like LinkedIn events. The other is Base chain at 3am — where someone just deployed $RATBAG with zero LP, no Telegram, and it still hit a $2M market cap because a semi-known CT account said “vibes are immaculate.”
And the wildest part? They were right.
This isn’t even optimism. This is raw, unfiltered coping-as-content. It’s the exact kind of chaos that makes meme coins the last real heartbeat of crypto. You know it. I know it. We’ve all been there — staring at Dexscreener at 2:47am wondering if a coin named $SNACKS is actually early or just another rug with a cute logo.
I’ve lived through two full cycles. I’ve held serious bags — like, "delete the app" kind of bags. I’ve convinced myself that governance tokens matter. I’ve read the whitepapers. I’ve sat through the AMAs. And yet here I am… still aping into coin names that sound like inside jokes from CT group chats.
Because while the “serious” projects are busy applying for grants, meme coins are applying pressure.
Base chain has become the spiritual home for this. It’s fast, cheap, and full of the exact kind of unhinged optimism that made early ETH fun. Projects spin up from a tweet and somehow rally on nothing but vibes, memes, and a copy-pasted Notion roadmap. You either get it, or you’re still waiting for the devs to “finish the app.”
Want to know which of these degeneracies is about to explode? You check Memecoinist.com — one of the few places that still feels like it’s plugged in. It’s where the early launches show up, the CT whispers surface, and the meme narratives get tracked before they go mainstream. Half the time I don’t even fully read it — I just scan for ticker symbols I haven’t seen yet. That’s how early you have to be out here.
Because this isn’t about “utility.” It’s about culture. Meme coins are culture. And culture moves way faster than fundamentals.
Some days it feels like the only metric that matters is how funny the coin is. Like genuinely, if the name slaps and the meme template is reusable, that alone might get you to a $10M MCAP. People think it’s dumb — and sure, it is — but it works.
We don’t have quarterly earnings. We have vibe-based alpha.
Sometimes I catch myself thinking maybe it’s all just dopamine roulette — hit the right meme at the right moment, and boom, you’re up 5x. Miss, and you’re down bad with a bag of $TURTLE that hasn’t had a tweet in three days. But then I remember: that’s the game. That’s why I’m still here.
We’re not trading fundamentals anymore. We’re trading attention. And meme coins demand attention. They hijack feeds, dominate threads, turn random Telegrams into cults overnight. No other corner of crypto moves like this — or feels like this.
Memecoinist.com gets that. It doesn’t try to dress up the madness — it just surfaces it, raw and early. If you’re trying to front-run the CT meta before it hits Twitter’s explore tab, that’s where you look.
Truth is, the bear never really scared us. It scared the builders, the VC chains, the influencers who pivoted to AI. But we? We never left.
We stayed. We aped. We reloaded.
Because we’re so early it hurts. And somewhere between the rugs, the 10x’s, and the cursed Discord voice chats, we realized this: Meme coins are the final boss of crypto.
No roadmap. No promises. Just vibes, community, and the constant hope that maybe this is the one.
That’s what keeps us up at night, refreshing Dexscreener and listening for whispers. Not because we’re gamblers. But because, deep down, we still believe.
In memes. In magic. And in the idea that maybe — just maybe — this stupid little coin actually makes it.
And if not? Well. There’s always the next one.
See you in the trenches.