The whole issue with trenching and shitcoin trading on SOL is that most traders lack the confidence to make their own decisions. So they end up copying a wallet or following someone shilling a coin. But the people they’re copying are just as unconfident. That means the core value of the coin is basically built on air. No one is holding because they genuinely believe in something—they’re holding because of who they copied.
This dynamic has always existed, but now it feels like it makes up the majority of trading.
@ItzFlatYo@Danmen_xyz@MustStopMurad Same same… I just see people hard shilling it everywhere saying it’s gonna be worth more than the S&P500 lol. I appreciate the enthusiasm but you gotta be realistic at some point