.@fibonacki thanks for farming the fuck out of me twin really appreciate it man
just kidding man rot in hell, thank you and remus for tarnishing the reputation that me and countless others work tirelessly over the past year with chillhouse
all you two had to do was shut the fuck up and not trade fucking shitters while being the fucking dev
Blame the fucking market all you want but unc wouldn’t be as low as it is right now if you had some fucking brain cells/empathy and think “oh how would people perceive me and the the coin ive devving if i decided to shill some other dogshit just to sell it 2 days later on my fomo”
at least have some fucking decency and make a twitter for unc you can still fix this nigga
Not rocket science why the trenches are so shit rn outside of some new ai plays
Niggas re-doing every single idea and narrative known to man
And established coins arent higher.
Why the fuck would most people hold and let a coin run when every new coin may top at 2m
They just gonna think… shitttt might as well sell at 1m.. then might as well sell at 800k then 500k .. you get what im saying.
Trenches need to focus on multiple coins having higher ceilings with ACTUAL staying power.
And dont give me that market being down btc looks like shit bullshit, this isnt new to us. We thrive in bear markets.
Get used to whatever this is until shit changes.
i hope before the start of a new cycle later this year we get all the trash and vapourware out of crypto which means dead chains, useless tokens, and even grifters.
we are already seen early signs of that with apps that've actual PMF and users like venice ai, sky, hype not bothered by PA on majors.
there are so many ghost chains with zero apps, users or utility ex: ripple and cardano commanding billions in value.
that capital will either go to zero or rotated to other chains. we have infinite blockspace and only few users and apps.
capital in crypto is increasingly becoming more efficient and smart. this is due to various tradefi investors and institutions coming into the space.
as far as memecoins goes i've said before users need to lose a lot of money before they finally stop.
the dynamics of memecoins are broken and pump fun has done nothing to improve that. they simply don't care like most founders in crypto where they extract and leave.
i see people write thesis on why pump fun is a great investment because of their buyback and revenue whereas it puts new lows every month. its because smart money knows its not sustainable.
they don't see growth in memecoin market anymore. and with long vesting period, investor and team dumping tokens every month its not an attractive investment
a lot of activity i believe is not organic. and the activity has decreased over time.
people need to go back to how memecoins were before 2023. they were limited, long term oriented, cultural, cult, community based tokens.
but this doesn't help the launchpads, trading apps and even blockchain. it doesn't generate a lot of fees. only more tokens, more speculation, more grift and more volume does.
so this narrative will never be pushed by founders or investors.
everything should be tokenized is the most stupid thesis that VCs created to sell their bags.
just look at the performance of memecoins that've been successful this year. solana:Ce2gx9KGXJ6C9Mp5b5x1sn9Mg87JwEbrQby4Zqo3pump is a prime example that checks all the boxes.
memecoin are and will remain the best way to to make generational wealth in crypto. you can only get your 10000x from memecoins. but you need to have conviction, handle 90% drawdowns and most importantly pick the winner.
all of them have become increasingly difficult because users don't have conviction anymore, they are happy with a quick 2x, there is no stomach for drawdowns and you have 1000s of tokens launching every single day
i firmly believe that people who've all these qualities will make generational wealth next cycle.
gneet
i actually am such a chill person i'm almost too zen for all of this i think you should be having as much fun as me i am here forever i am never going to drift into anger i think i am happy