Leighton
@lay2000lbs
Iām super curious to watch $DEGEN evolve. I have a loose thesis that becoming a utility / governance token might actually be bad vs. embracing pure memecoin status
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bw š© ā
@bad-wisdom
It's still in that ambiguous state where ppl can put whatever valuation they want on it. Memecoin? Done. Layer 3 / Blockchain? You're filled. Memetic Social Money? You're also good. As with anything if you reduce the stories that can be told the audience also gets smaller
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bw š© ā
@bad-wisdom
But I do think there's a chance it walks a line of being a lot or some version of those things. L3 is the DEGEN denominated casino, FC for tipping, dApps integrating DEGEN for memetic/community attention.
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