What’s happening in memecoins was predictable. It’s a logical outcome when tools and platforms become increasingly competitive while liquidity is moving in the opposite direction and dropping sharply. It reminds me of NFTs, when after a year of hype we learned to mint hundreds at a time and became extremely toxic for the market. Game is game That said, the only way to make it is to have conviction in the right coin.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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