The emergence of meme coin mania on several chains, particularly Tron (TRX) and BNB Chain (BSC), hints at the onset of the highly anticipated altseason. This trend has generated excitement among investors and enthusiasts alike.
The resurgence of meme coins is occurring alongside a potential bullish pattern for Bitcoin. Market analysts predict that Bitcoin could close above $60k by August, a milestone that may further drive the crypto market's bull run into September and the fourth quarter of 2024.
Such positive developments are likely to attract more investors to the altcoin market, making meme coins notably influential in this financial wave.
