Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Everyday a new "hot thing" hits the market,attention shifts You can look at Ansem's past shills for clues. Most ppl drank the "memecoin supercycle" koolaid, but there is a path of destruction left behind Memecoins have same dillution as VC unlocks, just in the form of new coins https://t.co/d09pSb4x4k https://t.co/Y9wu20wtDA
Memecoins aren't as attractive to VCs as infra products are because the cabal operating memecoins is just a bunch of degens in a basement rather than suits in a board room
Whether people like memecoins or not, they are here to stay. Tokenized culture is going to continue to be a massive market, & majority of protocols in crypto aren't built to facilitate demand for memecoins, but that's changing rapidly. Fade memecoins at your own peril.
The rise of memecoins in the crypto market is gaining significant attention, with predictions that a meme coin could surpass the market cap of many established chains and protocols. Memecoins are seen as a key player in the current market cycle, attracting both mainstream and niche investors. Despite skepticism, memecoins are projected to remain a prominent asset class, offering a fun and low-risk investment alternative. Venture capitalists are increasingly involved in memecoins, signaling a shift in the crypto landscape.