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Home » Bitcoin price reaches all-time high in viral memes: ‘Similar yet distinct’
Bitcoin price reaches all-time high in viral memes: 'Similar yet distinct'
Bitcoin price reaches all-time high in viral memes: 'Similar yet distinct'
Bitcoin

Bitcoin price reaches all-time high in viral memes: ‘Similar yet distinct’

03/08/20243 Mins Read
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Bitcoin, the popular cryptocurrency, has been the subject of countless memes since its creation in 2009. These memes often humorously depict the highs and lows of Bitcoin’s value and other related events. On March 8, 2024, Bitcoin reached another all-time high (ATH) price of $70,199, surpassing its previous record of $69,000 on March 5, 2024. This milestone has sparked a flurry of attention from meme creators and artists on social media. Cointelegraph has compiled a selection of Bitcoin ATH memes for your enjoyment.

One meme that has gained significant attention is the Dune and Bitcoin meme. This meme draws parallels between the release dates of the science fiction film “Dune: Part Two” and Bitcoin’s ATHs. It cleverly combines the themes of the fictional world of Dune and the real-world phenomenon of Bitcoin, highlighting the scarcity, value, and power dynamics associated with both.

Another noteworthy meme is Lina Seiche’s Bitcoin ATH artwork. Rather than a traditional meme, this piece is more of a concept art masterpiece. It draws attention to the similarity between the most recent ATH and the previous one set two years ago. However, it also emphasizes that this time is different, highlighting the significant industry events that have occurred since the last ATH, such as the successful launch of spot Bitcoin exchange-traded funds and increased adoption by nation states and Wall Street.

The Bitcoin ATH has also generated attention in less conventional ways. Some memes mock those who bought Bitcoin at $65,000 in 2021, as the subsequent drop in price left them regretting their decision. Others playfully mock Bitcoin haters, who claim it’s a scam, by sarcastically pointing out that they “knew” it was a scam when it was only worth $3 in 2011.

The meme community has also revived old memes about “no-coiners,” or people who don’t own Bitcoin. These memes highlight the irony of no-coiners only realizing they should have bought Bitcoin when it reaches new ATHs, forgetting their desire to buy when the price was lower.

Lastly, there is the John Cena Bitcoin meme, created by Cointelegraph’s social media expert Sohail Shaikh. This meme pays tribute to the patience of hodlers, those who hold onto their Bitcoin regardless of market fluctuations, while others celebrate the ATH.

In conclusion, Bitcoin’s latest ATH has inspired a wealth of creative and humorous memes. These memes not only provide entertainment but also reflect the significance of Bitcoin’s value milestones and the evolving dynamics of the cryptocurrency industry.

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