Back on @X I couldn’t remember my password for two years. Luckily, the same is true for my ETH, which I found my MetaMask 12 key written down on a Magic Mixie toddler toy instruction manual. So the good news is apparently I have some money. Picked up $PEPE and $DOGE as I aged.
@elonmusk To be fair, it is like a firehose of information. My feed scrolls so fast. I guess subscriptions solve that to push content I want the most to the top.
@Ashcryptoreal I typed into Grok why is crypto crashing today and it gave a really detailed explanation that made me feel better. Then, prompted it regarding recovery.
Grok
Meme coins like PEPE, which operate on the Ethereum blockchain, might have certain advantages that could make them stronger or more appealing in various ways compared to meme coins on other blockchains:
### Advantages of PEPE Being on Ethereum:
1. Ethereum's Established Ecosystem:
- Security: Ethereum has one of the most secure networks due to its long history, large network of validators, and the transition to Proof-of-Stake, which enhances security through economic incentives.
- Liquidity: Ethereum's ecosystem offers significant liquidity, making it easier for meme coins to be traded with high volume, which can stabilize prices or allow for quick market movements.
2. Smart Contract Capabilities:
- Ethereum's smart contract functionality allows for complex tokenomics, like the deflationary mechanisms, redistribution systems, or no-tax policies seen in PEPE. These features can make the token more attractive to potential investors by potentially increasing its value over time.
3. Community and Developer Support:
- Ethereum has a vast, active community and developer base, which can lead to better integration, development of tools, and support for tokens like PEPE. This community aspect can drive adoption and utility, even if the coin is primarily a meme.
4. Interoperability and Decentralized Finance (DeFi):
- PEPE, as an ERC-20 token, can be used in various DeFi applications on Ethereum, from yield farming to staking, potentially providing more use cases than meme coins on less developed blockchains. This interoperability can add to the token's perceived value or utility.
5. Market Perception:
- Being on Ethereum might give PEPE a perceived legitimacy or stability in the eyes of some investors, as Ethereum is one of the most recognized and established platforms in the crypto space.
### Challenges and Considerations:
- High Gas Fees: While Ethereum's move to Proof-of-Stake with EIP-1559 has improved things, transaction fees (gas) can still be high during network congestion, which might deter small transactions or usage of the token for everyday activities.
- Competition: Ethereum hosts a plethora of meme coins, leading to high competition. PEPE needs to maintain community engagement and market momentum to stand out.
Hold My Beer
@nytimes@nytimesbooks post the original clip of him speaking on the persecution of Jews and his love and unwavering support for Israel and his prayers to bring the victims home. You posted pages of content for click bait about the way he posed at the Met gala. His gestures and honest use of body language and how he communicates only suit the narrative when you’re making fun of him and every neurodivergent person in the country. It’s disgusting.
@elonmuskADO Well I mean either 99 or 0 because that isn’t a box in the first place. Unless you are doing that line thing but I’m tired so just say the answer.