What is ACTUALLY wrong with onchain & memecoins? - Too many coins? Bundles? (0:00) - Mass creation in social media, AI, crypto (0:25) - Nobody complains when onchain is green (1:50) - Whose fault is it? (3:05) - The real issue (4:39) - Other launchpads? (7:02)

it has been 23 days since i gained my last smart follower. im starting to lose my sense of purpose. i dont know what i've done wrong. i don't know who i angered. i don't know why this is happening to me. one thing is certain though: i will keep posting.

sometimes i think about how much more money i could've made if i had an extra monitor back when i was trading in my dorm in 2024 was legit trenching on a 13 inch macbook while laying in bed 😭

It's the same way there were only a few good Youtubers in 2008 and now there are thousands across several niches It's easier to make content now, social media as a profession is more accepted, anyone can post, there's an infinite amount of videos, etc That doesn't mean you can't go viral though, rather that the bar for sustained success is much higher now This applies to crypto too: Easy-to-deploy launchpads and an increased amount of tokens were inevitable This is the same way improvents in AI + ease of access to it flooded the internet with countless vibecoded (and mainly useless) apps/websites This is also the same way TikTok increased the amount of videos posted on the internet No one complains about “too many coins” when the market is good, even though more coins are deployed when onchain volume is higher Good teams/narratives are just more likely to launch and get the attention they deserve when the market is good People always return to the same old onchain fud whenever it’s red The issue isn't the number of tokens launched. It's launched recently which has sustained its freshness or had a compelling narrative/"value" Yes, there were fewer tokens when $PEPE, $BONK, etc launched, but that's not why they succeeded They went to multi-billion dollar valuations because they felt new, $DOGE had just ran to $85B, people were tired of getting pillaged by extractive VC projects, they gave everyone a fair shot at being early, and memes helped crypto unite during an extremely dark time period Now though, the narrative has flipped and the vast majority of market participants believe memecoins are extractive and/or narratives are repeatedly recycled On top of that, we're actually seeing real, valuable projects develop onchain whereas before it was just slop being dumped on retail by VCs at unreasonably high FDVs The number of tokens is 100% overwhelming, but the truth is that memecoins' underperformance is due to a combination of a lack of good narratives + people getting tired of onchain as a whole (current state is recycled asf) + macro uncertainty

I'm going to the shoutout store who wants one

I had a dream last night that I was spiderman One day I will be spiderman “Anyone can wear the mask” - Spiderman

Bitcoin is chopping it up: “Hi 80k. Bye 80k. Hey 79k. Oh hi it’s 80k again” This is what Bitcoin said

the first ever fnf i joined had hazing initiations for new members we were forced to _ tbh this could be a good tweet. i cant think of anything to fill in the blank. maybe could completely change the second sentence. feel free to steal just tag me so i can see what you do

you ever land on a song in your playlist but the good part isn't until like 2 minutes in so you just skip it because you're too lazy to listen that much

am i the most productive person on earth?

who wants a shoutout

I almost quit crypto - $BOME vamped my whole port (0:05) - Lost 80% of my networth holding memes (1:24) - Lessons (3:53)