Unlocking Profits in a Peculiar Bull Run: My Memecoin Method

This bull run definitely feels different, doesn't it? While Bitcoin's finally hitting new all-time highs – fantastic news! – the widespread altcoin season we've come to expect just hasn't materialized like in previous cycles. It seems a significant chunk of institutional capital, especially from those new ETFs, is staying locked within traditional financial products, rather than spilling over into the broader altcoin market. This, combined with the sheer explosion in the number of new altcoins, seems to have diluted demand, making a broad altcoin rally harder to ignite.

Yet, amidst this broader market sluggishness, memecoins have been absolutely crushing it lately! This is precisely where I've managed to find some serious gains, by leaning into what I call a "safe degen" approach. My strategy involves sticking to on-chain trading on platforms like Bitget, which allows for quick and precise entries and exits.

Take DEGEN, for example. I recently snagged a +45% profit on that one! I'd been closely watching it, waiting for the perfect breakout, and I jumped in right on that $2M market cap retest. It's wild how these memecoins are defying the broader market trends, seemingly unaffected by the capital flows impacting other altcoins.

This market truly demands adaptability. What worked in previous cycles isn't necessarily working now for everything. You've got to be agile and willing to explore new strategies. I'm still keeping a close eye on DEGEN for more moves, as it continues to show strong momentum.

What are your thoughts on the current market dynamics? Have you found success in unexpected corners of the crypto market this cycle? Let me know in the comments below!