There used to be hype and the place would get lively. Now that there’s hype, it lasts only 3 to 5 days—by the time new people are just about to enter, the hype dies down, and many people end up losing money.
So little money moves in the market that everything happens very fast. Back then a coin could go from $1M to $500M and it would stay around for a month. Now it goes from $300k to $3M—everyone talks about it, and by day 3 it drops again :)
Also, you shared something 2 years ago—$ARB —and now you’re getting cursed because it “expanded 10x,” but the other memecoins that other people post will fall to 0 after a month.
This is crypto. Here, whatever project exists—whichever team is behind it—whatever has good software—or when something comes out as a memecoin, it’s released for the same purpose. You look after your money; you win or you pass.
If you can say “the logic of sharing a memecoin and then it going to 0 is…” then don’t criticize the people who built a basket 12 months ago because the coins in their basket dropped—otherwise :) What’s the difference? Everyone tries it anyway
So little money moves in the market that everything happens very fast. Back then a coin could go from $1M to $500M and it would stay around for a month. Now it goes from $300k to $3M—everyone talks about it, and by day 3 it drops again :)
Also, you shared something 2 years ago—$ARB —and now you’re getting cursed because it “expanded 10x,” but the other memecoins that other people post will fall to 0 after a month.
This is crypto. Here, whatever project exists—whichever team is behind it—whatever has good software—or when something comes out as a memecoin, it’s released for the same purpose. You look after your money; you win or you pass.
If you can say “the logic of sharing a memecoin and then it going to 0 is…” then don’t criticize the people who built a basket 12 months ago because the coins in their basket dropped—otherwise :) What’s the difference? Everyone tries it anyway