Recently, rumors of the next “memecoin supercycle” have been rife on Twitter, the crypto X. If and when the supercycle occurs, it is anticipated to create a new generation of cryptocurrency millionaires and result in significant price increases for well-known meme currencies.
Numerous indicators suggest that the next memecoin supercycle may be imminent. While meme coin values are rising and fresh meme coin initial coin offerings (ICOs) are raising enormous sums of money, technical indicators predict a recurrence of 2020–2021.
We’ll examine the memecoin supercycle in further detail in this tutorial, covering its definition, its imminence, and preparation strategies.
What is a Memecoin Supercycle?
A memecoin supercycle is a prolonged time frame during which the prices of meme coins soar due to a surge of wild speculation and excitement.
The memecoin supercycle is characterized by the nearly uniform price increases in the meme coin industry. Gains extend beyond well-known tokens like Dogecoin or Shiba Inu to include lesser-known memes and recently released coins.
Popular meme coins may see price increases of 10x to 100x during a supercycle, while newer tokens with lesser market caps may see price increases of 1,000x or more.
A memecoin supercycle can occur concurrently with a cryptocurrency bull market, although a supercycle does not require a bull market.
Origin of The Term ‘Memecoin Supercycle’
The phrase “memecoin supercycle” was initially used by investor and crypto expert Murad Mahmudov. According to Mahmudov’s idea, meme currencies provide an endless cycle of wealth because of the decentralized networks they promote. In a presentation at the Token2049 crypto conference, Mahmudov went into great detail about the hypothesis.
Although Mahmudov’s memecoin supercycle idea has gained traction among cryptocurrency speculators, many remain skeptical. For instance, because of their short duration between pump and price fall, analyst Jameson Lopp referred to memes as “a terrible store of value.”
Therefore, there is disagreement over whether a memecoin supercycle will occur or be sustainable. It’s also feasible that the supercycle idea will be modified in the future to reflect changes in the market or that it will be shown to be incorrect.
History of Previous Memecoin Supercycles
Although the phrase “memecoin supercycle” is relatively new, the cryptocurrency market has already seen meme coin price explosions that could be viewed as supercycles in hindsight. Let’s examine these previous meme coin cycles.
2017–2018
The initial memecoin supercycle took place in 2017–2018, coinciding with the initial surge in popularity and global recognition of Bitcoin. Dogecoin, one of the only meme coins available at the time, had a price explosion from $0.0002 in February 2017 to its then-record high of $0.122 in January 2018—a rise of almost 61,000%. At the same time, $DOGE’s market capitalization surpassed $1 billion for the first time.
By early 2019, Dogecoin’s price has dropped down to $0.0020, ending the supercycle. Nonetheless, this increased “base” price signaled a long-term 10x increase in the value of $DOGE, the largest meme currency, and prepared traders for the subsequent surge in meme coin gains in 2020–2021.
2020–2021
Following the COVID-19 epidemic, meme currencies saw genuinely astounding increases in 2020–2021, marking the largest meme coin supercycle to date. From $0.0025 in late 2020 to its peak of $0.7376 on May 7, 2021, $DOGE surged 29,500%. During this time, Dogecoin gained significant traction, partly because to Elon Musk, the CEO of Tesla.
The 2020–2021 supercycle was notable because it featured a far greater variety of meme coins than the 2017–2018 cycle. When Shiba Inu was introduced in August 2020 as a rival to Dogecoin, it exploded more than 173,000 times and created hundreds of meme currency billionaires. Early investors saw huge returns from other meme coins like $FLOKI that were introduced after the supercycle had already started.
This cycle came to an end in December 2021 when the market entered a protracted “crypto winter” and cryptocurrency values fell in all sectors. Nonetheless, throughout 2022–2023, the most of the major meme coins maintained their high prices relative to 2020.
2023–2024
The Memecoin Supercycle of 2023–2024 was characterized by rapid expansion and high volatility. Popular meme coins like $DOGE and $SHIB had remarkable price and market capitalization rises, averaging between 300% and 500%. Additionally, new coins left their mark. Since its November introduction, Peanut the Squirrel has increased by about 569402.04%, while other tokens like MooDeng and PNUT have experienced rapid growth. During this time, more over 2.3 million additional memecoins were introduced, a 300% rise from the start of 2024 alone.
The trajectory of well-known tokens like Pepe (PEPE), Popcat (POPCAT), and Bonk (BONK) was also noteworthy. While POPCAT and BONK continued to be the most popular Solana meme currencies, PEPE’s market capitalization hit $11 billion in December. Viral trends and devoted social media involvement let established memecoins hold their top positions despite the fierce competition in the market.
Post Trump Election Victory in 2024 to 2025
The market for meme coins has grown significantly since Donald Trump won the U.S. presidential election in November 2024, primarily due to his political clout. The market capitalization increased by an astounding 450%, from $19.5 billion at the start of the year to $105.8 billion. This jump demonstrates how younger investors have been drawn to meme currencies because of their community-driven features and cultural stamp. The market is also being driven by the introduction of Trump-affiliated cryptocurrencies like TRUMP Coin and new meme coins like Pudgy Penguins ($PENGU), which combine financial speculation with pop culture.
Another important factor in the expansion of this business is Trump’s anticipated initiatives. Investors anticipate receiving political support and endorsements from him and his administration, which will further encourage adoption. Simultaneously, the market for meme coins became even more complex due to new platforms and technologies that enable rapid token generation, increasing competition and offering a variety of investment opportunities.
With the help of good circumstances and growing interest, we anticipated that the growth trajectory would continue to increase in 2025. Memes may face difficulties, though, from fresh competition from more modern crypto categories, such AI agent tokens.
