Crypto has been through ups and downs but honestly since 2017 when layer two tokens for Ethereum took off and DeFi came into existence it's only gotten more wild. Let's have a quick look at the history and then where they might be taking us next.

The Start

I'd have to say at least the first part of what would be considered a fun meme coin project would have been DOGE at least one that really took off and became one of the most adopted token. This was back in 2014, and before that I would say most projects where legitimate cases of blockchain such as litecoin.

From there things fell rather quite for a while until 2017 when Ethereum layer two tokens really took off. This layer two token system opened up a lot of possibilities but it also opened up a lot of failed projects and yes scam investments.

From there we then moved into 2020-2021 with the introduction of Meme coins, DeFi and NFT a rather large growth in terms of amount of projects and people getting involved.

Now we are in 2024-2025 bull run and we have a lot of the same crazy going on but at a whole new level. We have meme coin crazy, scams, rug pulls, DeFi hacks, Layer two token projects, NFTs, web3, gaming and more. It's gotten so big now that not everything goes up.

Consolidation

Over the last about two months we have seen bitcoin from from ATH to back around that $95,000 level and this has repeated a number of times. This often happens when we see consolidation happening and once that happens it can either be a high uptick or a new low.

This consolidation however seems to be confusing people while massive news continues to come out of the USA government for this like a new Crypto Czar overseeing policy construction for crypto and stable coins which should usher in a lot of new business.

A pro crypto SEC after one that has been very aggressive and unclear causing a lot of companies to simply not operate into the USA for this very reason.

SAB 121 was overturned which was a major road block for banks to own and hold crypto which was another huge block. I think the coolest thing out of this is you'll be able to borrow against your bitcoin soon which feels like a major turn in events.

Massive ETF approvals for Bitcoin and Ethereum paving the way for others.

RWAs exploding and being looked into for larger assets such as stocks. Just imagine trading stocks 24/7/365 instead of just on a few days and no one to pump the breaks on sell offs it's going to get wild.

Stablecoins will also be a major focus as it seems like the USA is looking at it as a way to become the standard across the world again which honestly is most likely a really good play.

A very crazy turn of events has been that Hong Kong will official recognize bitcoin and Ethereum for proof of investment to apply for residency.

HAWK TUAH!

I mean we can't go without talking about the hawk tuah coin the biggest rug pull in recent history lol. She recently went on a podcast saying she was mislead by the people who created the coin and it was suppose to be a long term project. But let's be honest she's still 100% responsible because she signed her name to it. I also hate when people say they are going to donate the left over money to something. That's money from other people that you're just donating to try and save face off of everyone else back it legit makes no sense what so ever. Plus pretty much every place you donate to anymore is a huge scam in itself.

But meme coins do seem to be where it's at and honestly if you can and are able to launching your own successful meme coin will most likely be the play right now for ultimate wealth.

Bitcoin however seems like it should be doing overall well during these next four years. Blackrock has come out and said about a possible 2% investments from all 401k accounts and if that happened then we would easily see bitcoin at $500,000 so there's a lot of bullish cases in terms of wealth growth in the bitcoin sector at the moment. However what's interesting is that bitcoin from $100,000 to $500,000 is only a 5x growth while something else like Ethereum or a smaller cap coin could have the potential of a 10x growth or better.

*This article is for entertainment purposes only and is not financial advice. Do your own research before investing and understand that risks.