What went wrong with memecoins? I remember just last year picrel was still talked about everywhere. I only just remembered from looking at some old notes
this nigga has fartcoin notes
>>62001748some retard shitting up this board with a big fat Asian ass and posting the name of this retard coin doesn't amount to anything. memecoins are pure retardation that only could have ever worked or made sense in the context of ZIRP. they're not coming back.
a combination of low attention spans killing hodl culture + farmers and scammers farming the people who actually would hold. It was a perfect storm that ruined not just meme coins but investing as a whole. THUS, many moved to gambling on events instead. As crypto and tradfi become more linked, expect the virus to spread there as well.
>>62001761here's the notes if curious lol>>62001774I heard this back in 2022 though and they came back in 2023-2024>>62001794well said, but at that point I rather just hold hard assets. I can't imagine making much from gambling on events. With memecoins I've experienced 10x's left and right
>>62001748Let it rip
>>62001748Donald Trump and his family sucked up all the liquidity and the normies moved to sports betting and prediction markets
>>62002267> sports betting and prediction marketsSo unbelievably fucking gay. Moving from one rigged market (crypto but at least you had SOME shot of making it) over to the literal definition of "the house always wins" impossible bullshit. Why are normies so damn gay and fickle about everything anyways?
they'll be back next bull run, but we're in a bear rn. >>62002267and this of course