@tsukadeeznutz @feelingfluffy @gMAKcrypto@55tubba55@Dejitaru_Tsuka@cryptopunk24@0xwinnie If speculation is the only demanding factor, and meme coins don’t even pretend about future use cases, value should be 0 in an efficient market. Meme coins are the living proof of inefficiencies but who on earth would buy an empty paper? It’s all driven by synthetic Fomo
Right now it is hard and you may also want to put out some money that you can't afford to lose anymore but still, please believe in yourself and what crypto has already achieved. It's not going away anytime soon, we just don't know the form in which it will stay yet.
Stay safe
Ok, I think it's time to face the truth, people are starting to realize that up-only mode is over. This naturally leads to immense sell pressure and thus number go down.
Question here is really how to we operate in such a market, is buy and hodl still the way to go?
Even if the whole economy is in a recession cryptos are positioned to perform well over the coming years. Imagine BTC would be seen as a risk-off asset, or your protocol of choice finally gets adopted by the space and people are starting to use it.
There are many catalysts.