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disagree, memecoins are ostensibly already played out, it's following closely in the footsteps of NFTs. NFTs are still useful tech themselves, when you build utility into them, but the zero-utility artcoins and apes are all vaporized now, nobody is pretending a jpg is some new financial vehicle all on its own.
and crucially, nothing of value was built/gained from the '21 speculative NFT bubble - opensea is dead in the water, every major NFT platform/marketplace/tracker has long since moved on - it's a distraction and a dead end. tokens and defi will be around in 2y, but none of these memecoin tooling platforms will be.
it seems like a good time to remember that the whole world outside NYC reviles Wallstreet. most people have zero desire to "be a trader", it's vulgar and zero-sum. the people pushing this "Manhattan Crypto" narrative are actually just the bankers, getting rich selling gas and wallet services. Manhattan Crypto is just... Manhattan. 2 replies
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