CZ said that real memes need to have context and historical narratives, and that only a very small number can truly hold value. He noted that the failure rate of meme coins is over 90%, and investors must take responsibility for their own choices.
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I honestly recommend friends from traditional industries to join WEB3. Even “picking up trash” here pays better than being a cog in WEB2. WEB2 is frustrating: tiny salaries, no leave without penalties, full-attendance bonuses smaller than a single contract fee I can earn. My sister earns $3,000/month, works like a dog, under a top hospital expert, despite a master’s from a top 100 global school. I told her to try WEB3—exchange internships start at $600/month. Old-school advice of “suffer first, reap later” is dangerous. In this generation, there’s no iron rice bowl. Personal leverage through internet and emerging industries can multiply opportunities immensely.
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A whale that built a high-position $ETH stack used the rate cut rally to sell and exit. Address 0x31D…7a1c7 deposited 3,373.1 ETH (~$11.47M) to #Binance in the past 7 hours, at an average price of $3,399.7. This same address had previously tried to sell 3,593.21 ETH at $4,051 on Oct 14, with a paper loss of $5.13M. If sold now, the realized loss would be ~$2.196M—so they recovered a fair portion. Sell Address: https://intel.arkm.com/explorer/address/0x31D2b877987d76650556f1b03014F04bE6C7a1c7 Deposit Address: https://intel.arkm.com/explorer/address/0xE37Fe79F348355285638e7C6aCb0beA1c17Bb559
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