memecoin ceilings may be at an all time low but there will be a token that comes out of nowhere that just says
fuck you, higher.
it will be stupidly obvious in hindsight yet most people will not take the trade.
i'm calling it now with $HAMSTER
we've all been saying that onchain has become untradable and this is why
a few dozen devs launching hundreds of thousands of coins, bundling them and extracting millions
i came back to lowcaps a couple of weeks ago and honestly couldn't believe how bad it had got. it took me a while to realise it wasn't me being out of practice. the whole thing is set up so the average person can't win, you're just feeding the same few groups over and over
something has to shift, otherwise nothing will change and the average person will keep losing
that's why i'm so convicted on social trading platforms, i believe they'll cause a shift in memecoins
i truly believe $HAMSTER will be the inflection point. every trade on the token comes from a real profile on a social app, it's the best way to keep the extractors out
memecoins 2.0 is coming, hamster is leading the way
be the change you want to see onchain
exactly this, most people have never tried to build anything in this space, so the instant reaction is to call people "scammers"
most people just act way too emotional, it's as though people would rather @LucaNetz had tge'd knowing the token would go straight to zero. that would've been the actual extraction
yes it sucks that people spent time and money on abstract but he took the path any sensible founder would take. cut off a failing product before it dragged pudgy down with it
he took the path any sensible founder would take and cut off a failing product before it sent pudgy down with it
however i do think abstract users deserve some recognition for their efforts though, even if it's just an sbt, the people who showed up shouldn't walk away with nothing to show for it
every cycle a new cohort of KOLs comes out of CT. this cycle's cohort hasn't been decided yet, not many are standing out from the crowd because no one has made a difference onchain YET
people assume the seats are taken, the opposite is true. the timeline is engagement farming and people looking for EL. not many are putting in the effort to get behind one project and ride it to glory, which is why we haven't seen a shift
same with the coins, a market where everything pumps once and dies isn't a good market
rotating from launch to launch every 72 hours doesn't build anything. people get burnt, get bored, and eventually stop
and when they stop, the money doesn't leave. it ends up in the few coins that actually have a community behind them, the ones that are still here after the flush. right now those are the coins nobody wants to touch, and that is exactly what the start of every meme run has looked like
better coins and better people pioneer the next leg. so people need to do real work, show their reasoning, be right out loud and wrong out loud and most importantly act with integrity
be the change you want to see onchain
i will do this with $HAMSTER. if it works out, it works out. if it doesn't, it doesn't. but i won't back down
the longer the consolidation, the bigger the move.
however a slow bleed to zero looks almost identical to accumulation until the breakout actually happens.
the chart only becomes "the pattern" in hindsight. the edge is knowing which wallets are buying during the accumulation.