Dan Romero pfp
Dan Romero
@dwr
Good for pump but bad for crypto.
5 replies
4 recasts
34 reactions

androidsixteen pfp
androidsixteen
@androidsixteen.eth
Bad for crypto -> bad for Pump
2 replies
0 recast
1 reaction

Dan Romero pfp
Dan Romero
@dwr
If non-stablecoin crypto doesn't grow much from here, then pump is fine. But a lot of other builders lose (because they are counting on user growth).
1 reply
0 recast
1 reaction

androidsixteen pfp
androidsixteen
@androidsixteen.eth
Given their company aspirations, that's an L for them too (need to grow the entire pie)
1 reply
0 recast
2 reactions

Dan Romero pfp
Dan Romero
@dwr
They are still making a $1M a day and have $2B on the balance sheet. Everything beyond this point is just a bonus.
1 reply
0 recast
3 reactions

androidsixteen pfp
androidsixteen
@androidsixteen.eth
The past cycles have taught me that these things unwind if you don’t find something sustainable (maybe memecoins are sustainable and they retain their distribution / brand moat)
1 reply
0 recast
2 reactions

Dan Romero pfp
Dan Romero
@dwr
I guess my point is if memecoins go away and pump doesn't do anything else, it's still a massive success for them.
1 reply
0 recast
3 reactions