degen chad 🎩🤫Ⓜ️
@degen-chad
I was wrong 1/2 A few nights ago I fired off calling a meme a rug and called out some big accounts for promoting it. I didn’t name them specifically in that cast, so I won’t do it here either. But you know who you are and you have my apology. Good game, and good luck with the meme. I’m honestly happy to say that I was wrong. I casted instinctively rather than doing any DD as I just didn’t want to see people getting hurt. I heard that the liquidity was unlocked, minter unrenounced, wallet clusters, etc. I wasn’t aware of who launched it, and 99% of the time, these setups get rugged. I’ll repeat, I’m happy to say I was wrong and I’ll try to do more verification if a similar situation arises. Having said this. It’s still not somewhere I would choose to put my money. If you missed what you thought was a good entry from my cast, I apologize for that as well. Don’t follow my advice on memes. What I can say is that I haven’t made 7 figures in crypto from memes as it’s not my game.
44 replies
17 recasts
56 reactions
Breech 🎩🍖Ⓜ️
@breech
I'm with you dude, while I dabble in the meme game from time to time, I also wish they didn't exist. I remember in 2017 researching projects strictly for their utility, the changes they were trying to make, innovations in web3, etc etc, and now in 2021 - current we have this huge % of the entire liquidity in this space locked in dog tokens and other nonsense for people to gamble on. I hoped 2021 was an outlier, but boy was I wrong.
1 reply
0 recast
1 reaction
degen chad 🎩🤫Ⓜ️
@degen-chad
Agree 100% on this point. A few memes having success is ok. But if it’s the primary use for this stuff, it’s not going very far.
0 reply
0 recast
2 reactions
