My feed has been wild currently, with everybody break up into two camps — Ansem vs Zach — debating whether or not memecoins are good or dangerous for the house!
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Each bull cycle, there’s at all times one crypto narrative that pumps the toughest.
In 2016–17, it was ICOs. A bunch of recent tasks and tokens launched with huge potential, and other people made large beneficial properties early on. However like all cycle, the hype cooled, and plenty of tasks pale.
In 2020–21, it was gaming and NFTs. Everybody was into metaverse tasks and digital artwork, and a few individuals made life-changing cash throughout this wave. However because the market matured, the costs got here down, and once more, we noticed the cycle play out.
Now, in 2024, we is perhaps watching a brand new narrative: memecoins.
