trading memecoins is a really extractive and unproductive thing to do, just throwing around money from one person to another. theres this idea that its a stand against the establishment, but if u dont dump on the establishment, its just some other degen's money
i think ppl are bored of fundimentals, the cycles dragging out. but then new ppl wont be bored cos theyve not been in it. so degens buy memecoines, the big memecoins cos ppl are tired; while normies buy xrp.