🤯 Liquidity Cycle Theory: "Bull Run Tops in 2026"

🗞 Market commentary.

GM to all remaining bulls.

There’s a very interesting schism happening on the timeline right now as we speak. Memecoin investors are raging along with Roaring Kitty, hyping up the possibility of repeating 2021 mania, all the while the other side debates whether this cycle is cooked.

Meanwhile, we just might still be in the spring days of this bull run. For instance, statistics show that net new followers on Twitter analyst accounts are still at bear market levels.

As we've discussed for about a month and a half now, Bitcoin's current boring nature is very bullish for us in the long term. The less we overheat now, the longer this cycle will last. This idea is now also confirmed by the combination of two indicators: the crypto USD liquidity delta and Cross Border Capital’s brilliant 65-month liquidity cycle theory.

Considering all these factors, we could see the bull run continuing deep into 2025 and maybe even into 2026.

Lastly, prepare for the CPI numbers coming out in a few hours. Volatility is expected, but as long as we stay above 59 thousand for BTC, all is good in the hood.

📊 Luke’s Chart of the Day

JOE/WETH Uniswap 1D Log Chart

JOE jumped out at me as I was doomscrolling the watchlists today. Clean air above 0.01630. $14M market cap, over 6k holders and none of them with a giant bag. JOE has 5,800 followers on Twitter, including ArtSchoolReject, Solstice, Winter Soldier, CryptoTubeYT. I think this can go much higher if the attention economy continues to be supportive.

I have also been hearing things about Zentry. Dan suggested I put the chart in today, but it lost out due to liquidity and general money picture aesthetics. However, he insists this is a great place to add, and who am I to argue? He’s usually on point.

NFA as per usual, please always do your own research.

Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!

🔥 Degen corner.

The Memecoin Supercycle

We simply cannot ignore memecoins. They are the new altcoins, the new crypto dream, and possibly the only remaining venue where those with true grit can make hundred- and thousand-X gains.

If the post-GME-run repeats the 2021 playbook, we’re likely to see these types of gains happen many times over. Remember that all of this is a very risky business, and none of what you read here is financial advice. You’re fully responsible for your own money.

With that being said, here are my top memes for this memecoin bull:

Ethereum mainnet:

• PEPE

• MOG

• JOE

• BITCOIN

• SPX

• KEKEC

Base L2:

• Basedmilio

Solana:

• POPCAT

• MYRO

• MONK

• WIF

• HARAMBE

• NUB

👀 DeFi insights.

The important bits.

• Victoria VR (MMORPG Virtual Reality) - Early access and adventure quests begin today - read

• Core DAO (BTC DeFi) - Introducing COREx V3-Style DEX - read

• Mantle (L2) - Play Catizen game & earn MNT rewards - read

• Cove (DeFi) - Launches dYFI redeemer - read

• Skate (Infra.) - Brings Ethereum EVM to Solana - read

• PUPS (Runes) - Clarification on recent selling by FarmerJoe - read

• Infinex (DeFi) - Announces airdrop for Milady, Pudgys - read

• Manifold (DeFi) - L2 mainnet insertion is underway - read

📰 DeFi news.

Even more important bits.

• Poloniex hacker sends $53.5 mil ETH to Tornado - read

• Over $107M bridged from other chains to Solana by Wormhole - read

• 235,841 GameStop calls in the money due Friday - read

• GME Short Sale Volume surpassed the January 2021 - read

• SEC Chair Jay Clayton: “GME trading bothers me” - read

• Dutch Court convicts Tornado Cash developer Alexey Pertsev - read

• Pepe Claims New ATH, Flips Solana on Daily Volume Front - read

🫠 ICYMI.

Life gets busy so here’s what you’ve missed.

How to Qualify for the $FARE TGE: Fareplay’s Decentralized Casino Model Revealed

Founder Series

In this episode of the blocmates podcast, Jedi chats with Eren, the founder of Fareplay. They discuss the intricacies of building a decentralized dynamic entity and the basic structure of a decentralized casino.

Tune in on Spotify | YouTube →

Top Crypto Projects to Watch in Q2 2024

Podcast

In this episode of Still Early, Grant and 563 are back again with major alpha on projects upcoming in Q2 2024.

They delve into innovations across diverse ecosystems from Solana to Ethereum, BTC to Arbitrum, EVMs and Layer 2s.

Tune in on YouTube →

🦍 And finally…

Stay bullish. Don’t get shaken and out and don’t let the market play with your emotions. We are in a bull run.

If you haven’t already… hit the subscribe button and get the coolest welcome email in crypto!