@ahmadverse
Speculation helps price discovery when it reflects real sentiment, attention, or expectations within the community. In the early stages of meme tokens, price often serves as a signal for interest, engagement, and momentum, so some speculation is actually useful for understanding where the market sees value. It becomes problematic when speculation decouples from culture, utility, or actual activity that’s when prices start reflecting hype rather than meaningful signals, which can distort reality and drown out useful data. For $degen, the trick is balancing speculation with observable onchain and social metrics, so the market communicates insight without letting noise take over.