# 🟣 Memecoin Season is NUTS *Altcoin Season Next?* By [Web3 Academy](https://paragraph.com/@web3academy) · 2024-03-04 cryptocurrency, web3 --- **GM DOers!** 😎 What do Harry Potter, Obama and PacMan have in common? Literally nothing. Except, they all somehow got their names jumbled together in a wild memecoin named HarryPotterObamaPacMan8Inu, which skyrocketed by 800% over the weekend.  ![](https://storage.googleapis.com/papyrus_images/75523d62fbd1a2b193e5dfc44199956b.png) Yeah, if you can’t tell, the [bull market is back](https://paragraph.xyz/@web3academy/4-stages-of-bull-market), and things are starting to make 0 sense again, as memecoins dominate the market. Okay, hold up a minute. Why the F\*\*\* is Web3 Academy talking about memecoins these days? Don’t worry, we’re not turning into DOGE maxis (although maybe we should) 😅.  Instead, the reason we’re covering memecoins today is because usually, memecoin rallies are followed by insane altcoin surges – and that excites us.  So let’s talk about:  * Robinhood Listing $WIF * Every Meme Up Only * RFK JR Wearing $MOG Glasses at ETHDenver * Why Memecoin Season Matters Stick around until the end as we’re looking into whether or not **Altcoin Season is here & what you need to do to capitalize on it.**  Let’s get into this, my friends. ⏬ **Memecoin Season Breakdown** 🤡 -------------------------------- **Robinhood Listing $WIF** 🐶 Remember when Robinhood, about a year ago, removed $SOL from its platform and sold off everyone's tokens at $15 on their behalf?  Fast forward a year, with $SOL's value up by almost 10 times, that very same Robinhood now thinks it's cool to add a random memecoin named DOG WIF HAT to its exchange. (It’s literally a dog with a hat…) [![User Avatar](https://pbs.twimg.com/profile_images/1757488498989232128/4WEv4ppt_normal.jpg)](https://twitter.com/ekataCT) [Ekata](https://twitter.com/ekataCT) [@ekataCT](https://twitter.com/ekataCT) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/ekataCT/status/1763350365406109883) Robinhood to list Dogwifwhat (WIF). ![](https://pbs.twimg.com/media/GHitnw5XoAAyj4l.jpg) [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 1,281](https://twitter.com/ekataCT/status/1763350365406109883)[ 5:17 • 1 Mar 2024 ](https://twitter.com/ekataCT/status/1763350365406109883) If that’s not the craziest 180, I don’t know what is…  Now, hold your horses (I mean dogs) because Robinhood is only planning to list $WIF on its EU-based exchange, which is much smaller than the US counterpart.  Regardless, upon the Robinhood news, $WIF pumped to over $1.7 billion in market cap, reaching $1.73. ![](https://storage.googleapis.com/papyrus_images/e633800e1ea99bd4bea9b748301988b8.png) **Context:** 2 months ago, $WIF was $0.07, with a sub $100 million market cap. In other, more exciting news, Robinhood Wallet teamed up with Arbitrum to enable cheaper and faster trading onchain.  [![User Avatar](https://pbs.twimg.com/profile_images/1653532864309239810/ZjT_zBAS_normal.png)](https://twitter.com/arbitrum) [Arbitrum (💙,🧡)](https://twitter.com/arbitrum) [@arbitrum](https://twitter.com/arbitrum) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/arbitrum/status/1763273947594833990) We’re very excited to announce a long-term collaboration with [@RobinhoodApp](https://twitter.com/RobinhoodApp) that will encompass features dedicated to lowering the barrier for onboarding new users into Web3 through [#RobinhoodWallet](https://twitter.com/hashtag/RobinhoodWallet) ![💙](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f499.png)![🧡](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f9e1.png)![🪶](https://twemoji.maxcdn.com/v/14.0.2/72x72/1fab6.png) [![](https://pbs.twimg.com/card_img/1763273252430925825/vsnTLNtO?format=jpg&name=800x320_1) newsroom.aboutrobinhood.com Robinhood Wallet and Arbitrum Team Up to Expand Access to Layer 2s - Robinhood Newsroom --------------------------------------------------------------------------------------- Robinhood and Arbitrum announced a collaboration that simplifies the path to Layer 2s (L2s) by giving Robinhood Wallet users access to Arbitrum swaps through decentralized exchanges.](https://t.co/m4s1cjWbKt)  [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 1,762](https://twitter.com/arbitrum/status/1763273947594833990)[ 0:14 • 1 Mar 2024 ](https://twitter.com/arbitrum/status/1763273947594833990) But let’s go back to memecoins for a second…  ### **Every Meme Up Only** 🚀 Led by the $WIF hype, other memecoins like Dogecoin, Shiba Inu and Pepe have gone up significantly in the past 7 days. ![](https://storage.googleapis.com/papyrus_images/4606235e8711891838a8702b08c6edec.png) This has led to new meme tokens such as WEN and PopCat to gain popularity too.  However, none have gotten as much attention as $MOG. ### **RFK JR Wearing $MOG Glasses at ETHDenver** 😎 MogCoin is a self-described symbol of winning and success of Ethereum. Whatever that means… 🤦 Well, at ETHDenver, the independent candidate for President of the United States, Robert F. Kennedy Jr. was spotted wearing Mog-related glasses. [![User Avatar](https://pbs.twimg.com/profile_images/1706379006063288321/rwnCvTH2_normal.jpg)](https://twitter.com/MogCoinEth) [MOG COIN](https://twitter.com/MogCoinEth) [@MogCoinEth](https://twitter.com/MogCoinEth) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/MogCoinEth/status/1764128002403602722) Out here mogging at ETHDenver with RFK Jr ![👋](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f44b.png)![😹](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f639.png) ![](https://pbs.twimg.com/media/GHtxEWUWYAAjl83.jpg) [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 931](https://twitter.com/MogCoinEth/status/1764128002403602722)[ 8:47 • 3 Mar 2024 ](https://twitter.com/MogCoinEth/status/1764128002403602722) I’m sure he had no idea what these glasses symbolized so he just went with the flow but this picture has captured everyone’s attention on X over the weekend. $MOG is up 350% in the past 7 days.  ### **Meme Market: NFTs Meet Memecoins** 🎨 An exciting memecoin innovation is being built on Base.  [![User Avatar](https://pbs.twimg.com/profile_images/1729594296289173504/VFXjCIOn_normal.jpg)](https://twitter.com/base) [Base 🛡️](https://twitter.com/base) [@base](https://twitter.com/base) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/base/status/1762942887241884044) ![🔵](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f535.png) 𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬 ![🔵](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f535.png) Come for the memes, stay for the fun on [@mememrkt](https://twitter.com/mememrkt) [meme.market](https://t.co/rVFQSkmbgh) ![](https://pbs.twimg.com/ext_tw_video_thumb/1762919979480174592/pu/img/QqFWjLQzLpRO42qY.jpg) [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 257](https://twitter.com/base/status/1762942887241884044)[ 2:18 • 29 Feb 2024 ](https://twitter.com/base/status/1762942887241884044) [Meme.market](http://Meme.market) connects memecoins with picture memes through ERC-1155 NFTs, creating a bridge between digital tokens and the memes they represent on the Base L2 network.  It functions as both a trading space and a creative platform for meme enthusiasts. Pretty cool. ### **Why Memecoin Season Matters** 🤷 Historically, memecoin surges have often been followed by insane altcoin rallies. Why? Because memecoins are fun and speculative, a nature that usually attracts retail investors into the markets, who are looking for a quick buck.  Later on, retail investors shift from memecoins to better altcoins, with actual utility and growth potential, sparking the so-called **Altcoin Season.** This has happened many times before, especially at the beginning of bull markets.  Will this happen this time around? Let’s explore. **Is Altcoin Season About to Explode?** 💥 ------------------------------------------ For Altcoin season to begin, we need 1 thing: **retail investors –** and they’re not quite _fully_ back.  Let me explain.  The chart below shows the total market cap of all cryptocurrencies combined – it has gone from $1.65 to $2.35 trillion dollars, up a whopping 700 billion.  ![](https://storage.googleapis.com/papyrus_images/8945af54dd333583c49384df7e0f6c59.png) But here’s the deal: **Bitcoin alone added $366 billion to its market cap.** ![](https://storage.googleapis.com/papyrus_images/5b6121bf3deb4b1dd80653fe1c1a4ad2.png) In other words, ~52% of new money in the crypto market went into Bitcoin, not altcoins, which is usually the case in Altcoin Seasons. **Is this about to shift? Is the Altcoin Season about to explode?** The first real indicator of retail investors returning to crypto is the surge in popularity of Coinbase’s App Store application.  On February 14th, Coinbase was ranked 418th among all apps and 32nd among all finance apps. [![User Avatar](https://pbs.twimg.com/profile_images/1747129870663241728/IN5DAjGP_normal.jpg)](https://twitter.com/COINAppRankBot) [Coinbase App Rank Bot (unofficial)](https://twitter.com/COINAppRankBot) [@COINAppRankBot](https://twitter.com/COINAppRankBot) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/COINAppRankBot/status/1757796845936332861) ![💵](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f4b5.png) $COIN App Rank ![📅](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f4c5.png) 14 Feb 8AM ![🌐](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f310.png) All Apps ![🔼](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f53c.png) 418 ![🔄](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f504.png) 446 (13 Feb 8PM) ![🏦](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f3e6.png) Finance Apps ![🔼](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f53c.png) 32 ![🔄](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f504.png) 36 (13 Feb 8PM) [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 1](https://twitter.com/COINAppRankBot/status/1757796845936332861)[ 21:30 • 14 Feb 2024 ](https://twitter.com/COINAppRankBot/status/1757796845936332861) Today (March 4th), Coinbase went up to 150th among all apps and 12th among finance applications. [![User Avatar](https://pbs.twimg.com/profile_images/1747129870663241728/IN5DAjGP_normal.jpg)](https://twitter.com/COINAppRankBot) [Coinbase App Rank Bot (unofficial)](https://twitter.com/COINAppRankBot) [@COINAppRankBot](https://twitter.com/COINAppRankBot) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/COINAppRankBot/status/1764501022142083269) ![💵](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f4b5.png) $COIN App Rank ![📅](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f4c5.png) 3 Mar 8PM ![🌐](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f310.png) All Apps ![🔽](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f53d.png) 162 ![🔄](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f504.png) 150 (3 Mar 8AM) ![🏦](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f3e6.png) Finance Apps ![➡️](https://twemoji.maxcdn.com/v/14.0.2/72x72/27a1.png) 12 ![🔄](https://twemoji.maxcdn.com/v/14.0.2/72x72/1f504.png) 12 (3 Mar 8AM) [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 66](https://twitter.com/COINAppRankBot/status/1764501022142083269)[ 9:30 • 4 Mar 2024 ](https://twitter.com/COINAppRankBot/status/1764501022142083269) That growth is insane… Coinbase even crashed at some point last week due to increased traffic. [![User Avatar](https://pbs.twimg.com/profile_images/1516832438818770944/n77EwnKU_normal.png)](https://twitter.com/brian_armstrong) [Brian Armstrong 🛡️](https://twitter.com/brian_armstrong) [@brian\_armstrong](https://twitter.com/brian_armstrong) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/brian_armstrong/status/1762900467787645226) We are dealing with a LARGE surge of traffic - apologies for any issues you encounter. The team is working to remediate. [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 10.8K](https://twitter.com/brian_armstrong/status/1762900467787645226)[ 23:29 • 28 Feb 2024 ](https://twitter.com/brian_armstrong/status/1762900467787645226) Another great indicator of people returning to crypto are Google searches. According to Google Trends, we can see a significant growth in interest for Bitcoin.  Again, ‘crypto’ and ‘Coinbase’ searches are still quite low comparatively. ![](https://storage.googleapis.com/papyrus_images/e438db28499c1fb862220ff5709d671f.png) So it’s clear that all of the buzz around crypto recently has been driven mainly by Bitcoin, thanks to the popularity of ETFs.  However, retail is slowly but surely coming back!!  So here’s the truth: **This isn’t the real bull market… yet!**  We’re still not in the ‘wake up in the middle of the night and check your positions’ season just yet. Altcoins are still lagging behind, **but it’s just a matter of time until they start to rally too!**  As that starts to happen, remember these things: **Firstly, don’t let your degen bag become your main bag!**  If your low-cap moonshots are going to grow to match your $ETH or $BTC positions, don’t be afraid to start taking some profits.  Don’t be the guy that round trips its bag to the moon and back.  **Secondly, remember the market can stay irrational longer than you can stay solvent.** Don’t try to ape into every other token that gains hype. If random tokens make it on your X feed, chances are you’re too late to the party. I know it’s hard, especially when people share how they’ve made millions… [![User Avatar](https://pbs.twimg.com/profile_images/1717140449326931968/hXjOdVqz_normal.jpg)](https://twitter.com/osf_rekt) [OSF](https://twitter.com/osf_rekt) [@osf\_rekt](https://twitter.com/osf_rekt) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/osf_rekt/status/1764328714555330571) In December I sold 2 Fidenzas to buy $WIF after reading a [@blknoiz06](https://twitter.com/blknoiz06) tweet and feeling max cope from ETH ecosystem not moving. Accumulated just over 4m tokens. Had a couple of moments where I panicked and sold the entire stack, only to buy it back in its entirety on the same… ![](https://pbs.twimg.com/media/GHwnm9LXAAA-_Sg.jpg) [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 1,489](https://twitter.com/osf_rekt/status/1764328714555330571)[ 22:05 • 3 Mar 2024 ](https://twitter.com/osf_rekt/status/1764328714555330571) But don’t despair, the opportunities are plenty! The last thing you want to do is jump from token to token. That’s your 1-way street to failure.  **Thirdly, enjoy the ride!** Web3 Academy was born and built in the bear and most of our readers are OGs! We’ve been waiting for years for these market rallies. Let’s make sure to freaking enjoy them. * * * Thanks for reading. And remember, you're strong, you’re powerful, you’re alpha! ❤ ### **How'd you feel about our read today?** * ⭐⭐⭐⭐⭐ [Loved it!](https://bit.ly/five_star_feedback) * ⭐⭐⭐ [Decent!](https://bit.ly/three_stars_feedback) * ⭐ [Kyle, step it up!](https://bit.ly/one_star_feedback) * * * ### **Are You Fairly New to Crypto & Web3?** Let us help you wrap your head around this industry that’s constantly transforming. Take our Free 1-hour Web3 Rabbit Hole Course to learn the foundational components you need to start building and investing successfully. 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