@df
pure memecoins are a pyramid scheme that will collapse as soon as
A) the same people keep winning (as this means the average person is losing $ consistently)
and
B) new buyers entering the system are exhausted (there's a limited amount).
A is already happening (KOLs are driving token prices top down) & not sure how much of B is left.
History rhymes - exact same thing happened with NFTs.
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