Recent discussions on Twitter have highlighted a concerning trend in the cryptocurrency sector, where venture capitalists (VCs) are reportedly engaging in questionable investment practices reminiscent of the 'SOL eco 2021.' These VCs are accused of predatory tokenomics, abandoning their traditional role of supporting foundational technology startups to instead focus on speculative meme coins and other low-quality crypto assets. This shift is described as a move driven by greed and a departure from backing substantial technological advancements. The phenomenon is part of what some users are calling a 'memecoin supercycle,' suggesting a cycle of hype and eventual loss, particularly harmful to retail investors.
Every experienced crypto participant has seen a fair deal of predatory VC tokenomics But this is getting out of hand lately, SOL eco 2021 vibes If you are going to pull a fast one on retail, at least don't make it too obvious Send them to ZERO 🎯 Memecoin supercycle https://t.co/0EsLCsE50X
Every experienced crypto participant has seen a fair deal of predatory VC tokenomics But this is getting out of hand lately, SOL eco 2021 vibes If you are doing to pull a fast one on retail, at least don't make it too obvious Send them to ZERO 🎯 Memecoin supercycle https://t.co/BTsSi6MhjN
This is the "doomer cycle" Retail has bearish PTSD and expects there to be a top and BTC to follow a 4-year cycle. VCs are fully allocated to 7-year lockups for various RWA AI modular restaking layer 3 blockchains. Max pain is the memecoin supercycle. Newsy Johnson