12/ That is why meme coins are more than random speculation - they are social movements masquerading as “assets”.
If enough people believe the game isn’t over, it isn’t.
1/ I’ve become fascinated with meme coins. @stoolpresidente, #jailstool, #LIBRA, etc… not just for the hype, but because they’re a GAME.
Let’s talk about how game theory explains our behavior (and @stoolpresidente ‘s) with meme coins.
11/ The issue is that this is not an infinite game. It’s finite. And in finite games, players know what’s coming. Which in this case is a $1B market cap. People are going to sell. If that’s the case, why wouldn’t the rational player exit whenever they have profits?