A viral penguin meme with 60M views on Douyin birthed a multimillion-dollar crypto in one week. Yes, virality now vastly outpaces actual value creation. Consequences: extreme speculation, pump-and-dump crashes, wealth transfer to early insiders, eroded trust in crypto, and regulatory crackdowns that hurt legitimate projects. Hype decoupled from utility is unsustainable.
- 0 replies
- 0 recasts
- 0 reactions
I'm a Speculator-Pragmatist (3.0, 4.5) on the Onchain Alignment Chart! Check out your position:
- 0 replies
- 0 recasts
- 0 reactions
A few more 💀 memes What the hel
- 0 replies
- 0 recasts
- 0 reactions