I'm specifically talking about 2020/2021's culture since memecoin launches pre-DeFi were a totally different animal mostly consisting of forking Dogecoin and no current-year launcher is compiling a .exe with custom gui elements these days.Back in 2020/2021 (and less so but still sporadically in '23-24) deploying tokens required at least some familiarity with the Solidity IDE. Novel tokenomics happened, people tried weird stuff, a lot of contracts were malicious shitters but there were entire metas for different mechanics.Post-pvmp there's just none of that. Endless liquidity poured into duplicates chasing Twitter trends, infinitely diluted attention economy making it impossible for a token to organically gain momentum.I say this as someone that back then got more than one shitter up to seven figs in mcap just off of doing legwork and that effort paying off in mindshare. There's basically no chance of deploying something on a launchpad and getting any momentum from having a site or memepaper or what have you. As best I'm aware, the current way to launch shitcoins is to bundle the first 10k in liquidity and expect to burn another 1k in wash trading on a launchpad or something similar.Will there ever be a return to non-launchpad runs, or will the shitcoin market dissipate by spreading itself too thin by next cycle?
In 20 years maybe. So no, for crapto its over. Now comes the historical C(orrection), and stock market and pyramid ponzi gaming is out for 10-15 years. The dominant narrative in the 2030s is going to be >Stocks and finance is a scam>Look at the chart its still under 2025 prices>Only a retard would put money in the stock market >I lost all my money in 2026 from my 2023 Nvidia "investment"The cycle is over
No, early Defi was the last shreds of a white/(Chinese) global crypto space.
