I was in the camp that the meme trade was solved / mostly over, but it's pretty evident I was wrong abt this - largely because of the introduction of social trading apps Ppl immediately look to the onboarding potential that these apps possess, but I think what it does to current participants' psychologies is much more important - fumble cards make selling the risky move again. a permanent public record of what you could've had if you didn't press so many buttons - leaderboards showcase massive PNLs that can't be ignored. no one's making enough money to scoff at $1m 30d pnls, plumbers are coming back onchain - posting a thesis locks you in. exiting means admitting you were wrong in front of people, so holders hold longer - holders being able to communicate in-app is a big unlock, makes things like "board sit" possible and creates more viral movements - social capital pays out even when you lose, so the app keeps you through drawdowns - further gamifies trading and makes it even more addicting than it was before There's obv some downsides like increased drone behavior, bad actors farming on sides, etc but overall it's a huge net positive to the space. It's essentially unsolving a solved game; exciting times