My feed has been wild these days, 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 large potential, and folks made big beneficial properties early on. However like every cycle, the hype cooled, and plenty of tasks light.
In 2020–21, it was gaming and NFTs. Everybody was into metaverse tasks and digital artwork, and a few folks 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 may be looking at a brand new narrative: memecoins.
