The meme coin space is ran by SELFISH OLIGARCHS
It is the rule of the few over the many
Few individuals pool their influence assets and wallets
Few tokens are price manipulated by these few influence pools
Few manipulators make HUGE PROFITS
Many are turned into exit liquidity
The cycle continues until ALL liquidity ends up in the pockets of the few
At that point, the cycle crashes
Meme coins are an unsustainable industry …
@tiur_eth@gammichan True
And the guy w no figures can only be used for exit liquidity once before he runs out of funds
At some point there will be no one left
Unless we tap in some more idiots
@vivideonic@gammichan The group cornered "alpha" - their influence
And we are bound to tap out again unless more money taps but not everyone is stupid sooo…