Have you ever imagined a two-year-old crypto exchange with just 11 team members surpassing the profitability of Nasdaq? Well, that's exactly the bombshell dropped in a recent tweet that's got the crypto community buzzing. Ansem, a prominent trader known as @blknoiz06 on X, shared a post highlighting this wild comparison, declaring a "crypto apps supercycle" where platforms like Hyperliquid, Pump, and Sphere are flipping traditional giants like Nasdaq, Twitch, and Stripe.

The Tweet That Started It All

The tweet quotes Kevin Mills, Head of Research at Triton, who pointed out some eye-opening numbers: Nasdaq's net income for 2024 sits at $1.1 billion, while Hyperliquid ($HYPE) is on track for $1.3 billion at its current rate. Mills notes, "Not bad for a 2 year old exchange with a team of 11." Ansem builds on this, stating:

hyperliquid flips nasdaq
pump flips twitch
sphere flips stripe

crypto apps supercycle

This isn't just hype—it's backed by data. Check out the snapshots shared in the original post:

The table above pulls from Nasdaq's financials, with a highlighted net income that totals around $1.1 billion for the year.

Here, Hyperliquid's dashboard shows annualized earnings of $1.295 billion, with fees at $1.337 billion and total value locked (TVL) at over $762 million. For context, TVL refers to the total amount of assets deposited into the platform—think of it as a measure of user trust and activity in decentralized finance (DeFi).

Why This Signals a Crypto Apps Supercycle

In crypto lingo, a "supercycle" means a prolonged bull run where adoption and innovation skyrocket, often leading to massive gains across the board. Hyperliquid, a decentralized perpetual futures exchange built on its own blockchain, is leading the charge. By "flipping" Nasdaq, it shows how crypto platforms can achieve hyper-efficiency with minimal overhead—no massive offices or thousands of employees needed.

Then there's Pump, likely referring to Pump.fun, the Solana-based platform that's revolutionized meme coin launches. It's like a meme token factory, allowing anyone to create and trade tokens with ease. If it's flipping Twitch, that suggests it's capturing massive user engagement and revenue from live streaming and community-driven content in the crypto space.

Sphere, probably Sphere Pay, a crypto payment gateway, is positioned to disrupt Stripe by offering seamless, borderless transactions without the fees and restrictions of traditional finance.

For meme token enthusiasts—this is huge. Platforms like Pump.fun have democratized token creation, leading to viral hits like $WIF or $DOGE-inspired coins. The supercycle could mean more liquidity, more launches, and bigger pumps (and dumps, so trade wisely).

Community Reactions and Meme Magic

The tweet sparked a flurry of replies, turning it into a mini-thread of memes and hot takes. One user joked, "$SAN flips doge 😳 Shiba Supercycle," complete with a quirky image:

Others chimed in with their own flips, like "Y2K flips dotcom bubble" or even a video meme captioned "crypto apps super cycle." It's classic crypto Twitter—equal parts insight and humor.

One reply called out Ansem for previously saying the cycle had topped, showing how quickly sentiments shift in this volatile world. Another highlighted "$SNAKE" as a generational play, linking to its Solana address for those ready to dive in.

Implications for Meme Tokens and Blockchain Practitioners

At Meme Insider, we're all about decoding these trends for the meme token crowd. This supercycle isn't just about big exchanges; it's fueling the meme ecosystem. With tools like Pump.fun, creators can spin up tokens tied to viral moments, and platforms like Hyperliquid provide the trading infrastructure to make them moon.

If you're a blockchain practitioner, keep an eye on these apps. They offer lessons in scalability, user acquisition, and revenue models that could enhance your projects. For instance, Hyperliquid's lean team proves that in crypto, innovation trumps size.

As adoption grows, expect more crossovers—meme tokens integrating with payment apps like Sphere or gaming elements from Pump-inspired platforms. It's an exciting time; just remember to do your own research (DYOR) before aping in.

Stay tuned to Meme Insider for more breakdowns on the latest in meme tokens and crypto trends. What's your take on this supercycle? Drop a comment or hit us up on X!