Memecoins are bleeding out and they're not coming back.
I get why they popped off. A few years ago the vibes were unreal. Everyone was up, everyone was happy, and throwing a bit of money at a dog coin for a laugh made sense. Fun money.
Then Pump.fun showed up and anyone could spin up a memecoin in thirty seconds. When you can mint infinite joke coins that easily, people finally saw them for what they are. A joke. Not an investment.
For any coin to go up, someone has to buy it. So why would anyone today buy $SHIB or $PEPE?
There's no product, no cash flow, nothing except hoping someone dafter than you buys it later. That game's ending. Holders get bored, a bill lands, a new one launches, they sell and get wrecked. Look at the charts. $SHIB and $DOGE are both down around 90% from their peaks. That's not a dip. That's slow bleeding.
Crypto's changed. If you lived the golden era, fair play. Even if you got wrecked, those were good times. They're over now. Not financial advice.
I get why they popped off. A few years ago the vibes were unreal. Everyone was up, everyone was happy, and throwing a bit of money at a dog coin for a laugh made sense. Fun money.
Then Pump.fun showed up and anyone could spin up a memecoin in thirty seconds. When you can mint infinite joke coins that easily, people finally saw them for what they are. A joke. Not an investment.
For any coin to go up, someone has to buy it. So why would anyone today buy $SHIB or $PEPE?
There's no product, no cash flow, nothing except hoping someone dafter than you buys it later. That game's ending. Holders get bored, a bill lands, a new one launches, they sell and get wrecked. Look at the charts. $SHIB and $DOGE are both down around 90% from their peaks. That's not a dip. That's slow bleeding.
Crypto's changed. If you lived the golden era, fair play. Even if you got wrecked, those were good times. They're over now. Not financial advice.