In the fast-paced world of crypto, it's easy to get caught up in the big narratives, but a recent tweet from @0xSisyphus is reminding everyone that the market's got a lot more depth these days. Check out the original tweet here. He points out that compared to previous cycles, crypto markets have way better breadth. What does that mean? Basically, there are more diverse opportunities spread across the ecosystem, not just concentrated in a handful of blue-chip assets or hyped sectors.
Even as the DAT trade starts to unwind—and we'll get to what that is in a sec—there have been at least half a dozen onchain plays where you could throw in a few million bucks and pull out double or triple that amount in just a couple of weeks. That's the kind of action that keeps traders hooked and shows how mature the space is becoming.
First off, let's unpack the DAT trade. DAT stands for Digital Asset Treasury companies. These are publicly traded firms that stack their balance sheets with cryptocurrencies, like Bitcoin or Ethereum, to give investors indirect exposure to crypto through traditional stocks. The poster child here is MicroStrategy (MSTR), which has been hoarding Bitcoin for years. The trade worked great when crypto was pumping, as these stocks often traded at a premium to the value of their holdings. But lately, as markets cool and premiums shrink, the DAT strategy is unwinding, meaning investors are rotating out and looking for fresher plays.
But here's the exciting part: this unwind isn't signaling the end of the bull run. Instead, it's highlighting the market's breadth. In past cycles, like 2017 or 2021, opportunities were often limited to ICOs or DeFi summer darlings. Now, with layers upon layers of innovation—from layer-2 solutions to new chains and protocols—there's a smorgasbord of ways to make money onchain.
At Meme Insider, we're all about meme tokens, and this breadth is super bullish for them. Meme coins thrive on virality, community, and quick momentum shifts, which align perfectly with these short-term onchain plays. For instance, one reply to the tweet shouted out Hyperliquid, a decentralized perpetuals exchange that's been gaining traction for its fast execution and low fees. Platforms like this make it easier to trade memes with leverage, amplifying those 2x or 3x gains.
Another standout mention in the replies was $TRILLIONS, touted as the first memecoin on the newly launched Plasma chain. Plasma, backed by heavy hitters like Paolo Ardoino and Arthur Hayes, is positioning itself as a user-friendly chain for normies. Early memecoins on emerging chains have a history of explosive growth—think $BONK on Solana or $BRETT on Base, both of which hit billion-dollar market caps. With Plasma's $3.3 billion TVL already in play, $TRILLIONS could follow suit if the chain catches on.
Of course, these plays aren't without risk. The tweet emphasizes putting in "a few million," which hints at the scale—liquidity is key, and smaller retail traders might not see the same multiples without perfect timing. Plus, onchain means dealing with gas fees, smart contract risks, and the ever-present volatility of crypto.
Replies to the tweet echo this sentiment. One user noted that you need a bit more skill now than in previous cycles, while another called it a "supercycle" as long as these opportunities stay spaced out. It's a reminder that while the market's broader, success still comes down to research, timing, and a solid understanding of the tech.
For blockchain practitioners and meme enthusiasts, this is golden. The unwind of DAT trades is pushing capital back onchain, fueling innovation in meme ecosystems. Whether it's farming points on Hyperliquid or sniping early memecoins on new chains, the opportunities are there for those who dive in.
If you're looking to level up your knowledge, keep an eye on emerging chains and protocols. Tools like DEX screeners and onchain analytics can help spot these plays early. And remember, in crypto, breadth means resilience— even if one sector cools, another is ready to heat up.
Stay tuned to Meme Insider for more breakdowns on the latest meme token trends and how they fit into the bigger crypto picture. What's your take on the market's breadth? Drop a comment or hit us up on socials.