Sources
FarmerJoe ๐โฎ๏ธ
Too many memecoins like there were too many NFT collections. Avg holding time went lower and lower and lower. History shows liquidity concentrates around the winners and most lindy. Very obvious what happens next.
artchick.eth ๐ฅ๐Flight to quality in Memecoins next Don't be surprised when everyone is sick of gambling on new "runners" that die in < 24 hours Don't be surprised to see liquidity and attention flow to the 4 or 5 battle-tested memes that have survived and thrived during countless drawdowns
๐ง Pentoshi There was a time the entire market would do a 10x-50x-100x together. Liquid. 2017 and 2021 were truly the golden era Now people canโt hold things for more than 5 minutes. 50k+ launches a day. Huge cabals. Fractured liquidity, dispersion etc. everything PvP and few peopleโฆ https://t.co/cJVC4ic68q https://t.co/kZFUF4iQ4m
