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Investor and memecoin analyst Murad Mahmudov’s memecoin supercycle theory has gained traction among traders. The theory, in short, states that a confluence of factors will create an essentially unending supercycle for meme-centric cryptocurrencies. But unlike other crypto market narratives with complex technical explanations and mechanics, memecoins appear to rely solely on community, emotion and the promise of wealth. Despite the lack of memecoin fundamentals, traders are drawn to the sense of camaraderie and the promise of rapid gains. Kyle Kemper, who has developed political memecoins such …

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