Always cracks me up watching people trash meme coins, then turn around and shill the 109th layer-1 launch this year—you know, the one with barely 5% of tokens actually circulating—like it's about to revolutionize everything.
"Memes have zero value," they say.
Really? Go ahead then, enlighten me about your favorite project. The one drowning in VC money with that lovely low float, sky-high fully diluted valuation combo.
Because somehow a token where insiders control 95% of supply is supposed to be more "legitimate" than a community-driven meme? The math isn't mathing. At least with memes, you know exactly what you're getting into. No smoke and mirrors about unlocks three years down the road that'll dump on retail.
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MindsetExpander
· 2h ago
Haha, this is a live example of double standards in the crypto community.
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GasWhisperer
· 2h ago
honestly the 95% insider control thing hits different when you map it on a mempool analysis... watched the fee patterns spike exactly when those "legitimate" projects announced unlock schedules lmao. retail getting obliterated while we're out here timing our exits at optimal gwei levels
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MEVSandwichVictim
· 2h ago
ngl this is just a live double standard in the crypto space, hilarious
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LiquidatorFlash
· 2h ago
This logic is insane... Insiders control 95% of the circulating supply and still dare to hype up the narrative, while criticizing meme coins for having no value? Liquidation risk could be triggered at any moment, bro.
Always cracks me up watching people trash meme coins, then turn around and shill the 109th layer-1 launch this year—you know, the one with barely 5% of tokens actually circulating—like it's about to revolutionize everything.
"Memes have zero value," they say.
Really? Go ahead then, enlighten me about your favorite project. The one drowning in VC money with that lovely low float, sky-high fully diluted valuation combo.
Because somehow a token where insiders control 95% of supply is supposed to be more "legitimate" than a community-driven meme? The math isn't mathing. At least with memes, you know exactly what you're getting into. No smoke and mirrors about unlocks three years down the road that'll dump on retail.