The Nature of the Crypto Money Flow is Changing in 2024
- Mumu
- Nov 30, 2024
- 2 min read
Updated: Dec 7, 2024
TL;DR: The classic BTC ➡ ETH ➡ Large Caps ➡ Alts flow is out. BTC leads, large caps skip ahead, memes & AI coins dominate, and dino coins steal the show. Ethereum? It’s doing its own thing. Welcome to the chaos of 2024. 🚀
In the wild west of the 2024 bull run, the traditional rules of money flow are getting flipped on their heads. Degens, analysts, and every crypto Twitter thread under the sun are scratching their heads at this new liquidity cycle. Gone are the days of Bitcoin ➡ Ethereum ➡ Large Caps ➡ Altcoins. This time, Ethereum has ghosted the lineup, and the money flow map looks more like abstract art than a linear process. Let’s unpack the madness.
Old Money Flow: The Golden Rule
In bull runs past, money flow followed a neat, almost mechanical process:
BTC Pumps: Liquidity flows into Bitcoin, setting the stage.
ETH Follows: Ethereum rides the wave, solidifying its status as the King of Altcoins.
Large Caps Join In: Big names like SOL, ADA, and XRP shine.
Altcoin Season: Smaller projects pop off, completing the cycle.
2024: A Whole New Beast
It was simple, predictable, and beautiful—like a well-choreographed dance. But in 2024? Someone ripped up the rulebook. Here’s how the money flow is playing out this time:
Bitcoin’s Classic Head Start: BTC kicked things off, as expected, reclaiming ATHs and sending degens into a frenzy. So far, so normal.
Large Caps Leapfrog Ethereum: Instead of ETH leading the charge, top 10 large caps like XRP, SOL, and ADA took the spotlight.
Memes & AI: The Hype Tier
Memecoins: DOGE, PEPE, and friends pumped hard, bringing chaos and joy to Twitter timelines.
AI Coins: TAO, FET, and others joined the hype, cementing AI’s dominance as a narrative for the ages.
Dino Coins Roar: Out of nowhere, legacy coins like XRP, XLM, and HBAR went full Jurassic World, delivering monster gains and stealing the spotlight.
The wildcard? Ethereum: Ethereum Goes Solo
Instead of following the script, Ethereum is doing its own thing. It’s not lagging—it’s just… detached. Some are calling it an identity crisis; others think it’s gearing up for a massive solo move. Either way, ETH isn’t following Bitcoin or the rest of the market. It’s like that one character in the heist movie who refuses to follow the plan but somehow always gets away with it.
What’s Behind the New Flow? There are several theories floating around:
Market Maturity: Investors are savvier and more narrative-driven than ever, leading to targeted pumps.
Hype Dominance: Memecoins and AI are commanding attention, pulling liquidity away from ETH and mid-tier alts.
Dino Coin Resurgence: Institutions may be favoring “safer” legacy projects, driving their unexpected strength.
ETH’s Solo Play: Speculation is rife that Ethereum is preparing for something big—think staking narratives, scaling solutions, or even regulatory clarity.
The 2024 bull run is shaping up to be one of the most unpredictable yet. The money flow cycle we thought we knew is evolving—or maybe just breaking entirely. As degens, we’ll keep riding the waves and chasing the pumps. And as for Ethereum? It might just surprise us all with a late-game move.
One thing’s for sure: crypto never follows the rules for long. Stay tuned, stay degen, and keep your FOMO in check.
