The S&P 500 equal weighted index closed yesterday with its 7th straight week in the red.
The last two times this happened were during the 2022 bear market and the 2002 dot com crash.
Even with that, the regular S&P 500 is still sitting near all time highs, carried by a handful of giant stocks.
Founders hate memecoins because memecoins expose an uncomfortable truth: distribution is a product feature.
You can build technically impressive shit for 3 years and still lose attention to something launched 40 minutes ago.