@paulg Don't think its bitterness. Europe over regulates everything. Sometimes for the better (food), sometimes for worst (AI). Not all actions are linked to American behaviour
Presenting - Gangster Arena 4: RAMPAGE
The #1 idle degen game on @blast
Coming to you this August. Pre-sale starts tomorrow.
Past, present, and future gangsters, read on ๐
Don't think people fully appreciate how successful the @SankoGameCorp L3 launch has been so far.
When @degentokenbase's L3 went crazy, it peaked at ~1.3b $DEGEN bridged, ~3.5% of the total supply.
Sanko has already surpassed this by a considerable amount. To date, ~7.9m $DMT has been bridged, ~7.9% of the total supply.
Additionally, if you normalize for $ amounts, Sanko is very close to flipping Degen.
~486.3m DEGEN ($10.9m) vs. ~7.9m DMT ($10.6m).
We want you recruit! ๐ซก
Over the next few weeks we will be enlisting eager recruits all across @solana to sign up and be one of our early wave of testers
Enlist now
https://t.co/WNNwe4cTxE
Fundamentals are important, when people can profit off of them.
Ignoring memes for now, the cycle usually looks like this:
1. Useful fundamental exist (e.g. privacy)
2. True believer forming around the tokens, if any exist yet
3. They are being outperformed by their grandmother since the fundamental hasn't caught attention
4. With time, their fundamental becomes a defendable narrative
5. Capital flows into their niche, providing everyone who held on to it a good exit
@0xaporia Not anymore as the tide that rises all boats, imo. The sheer amount of memecoins and AI tokens that popped of, makes it hard to believe that we didn't witness an alt szn. Maybe alt szns will stay selective from now on.