launchpads might be the problem
in the memecoin golden era, tokens had no tax, and if they had, they were going towards its LP or its holders
look at the pre-launchpad memecoins, and look at how they fell when launchpads became a thing
launchpads have extracted a few billion dollars that would today sit in peopleβs wallets or in token liquidities
gg
Pretty sure that was the "on-chain bull market" that we saw the last 2-3 months.
It was fun, but the reality is we won't have a truly fruitful cycle ever again till we quit giving attention to people who trade 50 coins a day that all top at 45k. "Trenching" killed the trenches.
Nobody wants to play the game if it means they have to sit in front of a chart 24/7. Especially if they are losing the game.
In a market saturated with scammers, shitcoins and non-believers, believing in something and persisting together with an ultra-hardcore community is the only way to win.
$drooling cat has a die-hard fan base who don't even know the coin exists yet.
Picture this: we enter the bull market and onboard people in the millions and they're looking around for their favourite meme.
I wonder what happens π π₯
2million views on an untitled video on YouTube, with drooling cat pfps in the comments. I recommend watching this and reading thru the comments. Then youβll fully understand the drool.
https://t.co/iNTOwZCFjc