STUDY THIS IMAGE
The top 3 Bitcoin memecoins $DOG $BDC $PUPS are only 0.04% of the value of BTC
Yet on Ethereum and Solana the top 3 memecoins have reached 5.2% and 6.3% of the native currency's value
What this means is that memecoins as an asset class on Ethereum and Solana can only 2-5x relative to ETH and SOL during this cycle but on Bitcoin the opportunity is still massive and $DOG for example still has the opportunity to outperform BTC by 200-500x