POPA ReconIt may sound a bit negative regarding meme coins, but I'm just going to write down my personal thoughts.
It may sound a bit negative regarding meme coins, but I'm just going to write down my personal thoughts. I think Memecoin is ultimately close to a Ponzi-type product that people buy with hope. Most memecoins have no real value or stable cash flow. The price is created with the expectation that more people will be interested in it than now, and with the belief that someone will buy it at a higher price than me. Some people come in dreaming of making 10x or 100x, and those who come in first realize profits through the liquidity of those who come in late. Ultimately, it is not a structure tha…
The excerpt is quoted from a public Telegram channel, which owns its text.