From Cults to Coins: The Psychology Behind Meme Coin Communities and Finding Our Next Big Winner

Cults have fascinated people for centuries, drawing individuals into a web of belief systems that often seem outlandish from an outsider's perspective. Yet, they continue to hold an allure that's hard to resist for many.

One reason cults are so powerful is the sense of belonging they offer. Human beings are social creatures, and we have an innate desire to feel connected to others. Cults provide a tight-knit community where members feel understood, accepted, and valued.

Often, cult groups create an "us vs. them" mentality, fostering a deep sense of loyalty among members.

They offer simple answers to life's complex questions, promising thier followers a sense of purpose, meaning, and security. In an uncertain world, these assurances can be incredibly appealing.

Over a year ago, I wrote one of the first theses on why meme coins should be an important part of any crypto investors portfolio.

“I’ve spoken before about the power of memes in todays internet society and if you think they are a waste of time reserved for the unsophisticated investor, you are only fooling yourself and leaving massive opportunity on the table.”- The Best Risk to Return Opportunity You May Ever See, February 2023

I even compared them to cults back then

“The success of these memes is based on cult like communities. Much like Tesla, AMC, and GME today. Wildly overvalued and overrated. It’s a cult, it’s a community of rabid investors that got rich with the stock and then went out and bought a bunch of Teslas regardless of any underlying fundamental issues with the company.”- The Best Risk to Return Opportunity You May Ever See, February 2023

I recently wrote in a post to readers about the next wave of meme coins to invest in.

As the space becomes increasingly saturated, the noise levels will reach a fever pitch.

There are now thousands of new memes a day. And the barriers to entry are lower than ever to launch a meme project.

The result is simply too many tokens for any one person to comprehend, let alone find a winner.

Thats where the study of cults and cult like behavior comes in.

Do the above paragraphs sound familiar to what we see in the meme coins space?

Fascinated people? Beliefs that seem outlandish from outsiders? Sense of belonging? Tight knit community? Us vs. Them mentality?

The list goes on.

Be that as it may, these are the essential qualities you want to see in a meme coin community when trying to sift out the next big winner.

Today, we have a meme that I believe will be the next big winner.

It’s a meme that is known by billions of people globally.

It’s seen on the internet billions of times a day.

And, it fits right into the perfect trifecta of what we have already seen as a proven formula this cycle.