Cooki's Corner

Memecoins are almost inverse Veblen, in the sense that the larger they become the less enticing they are

Unless you use a lot of leverage you're not changing your life with a $1K punt on Doge at $23B mc

$1K into a $500K mc shitcoin on Base however, that *could* be something

memecoins are about the dream, the *could*

Solidity Engineer | Researcher | Onchain Degen | DMs Open | https://github.com/0xCooki

Having said that though, I don't think human psychology quite works that way lol

And unlike other investments (bets?), memecoin success and possible life changing-ness is entirely due to luck.

With other projects that have *some* utility, it’s reasonable to pick one vs another based on “merits”…

Degen

DEGEN is going to go a lot higher than all of the previous farcaster memecoins

This is it, this is the one that really runs, I can feel it

to a certain extent yes I agree with you, but I also think there some non-luck based elements to it

I saw DEGEN early, I knew it would do well, it just had the right "vibe". That being said I underestimated it, I thought it'd go to ~100M, but not 1B

Genart collector. Tinkerer. Investor. Crypto maximalist. Nomadic traveler w/ my wife and 3 kids. Temporarily settled-ish in Spain

to a certain extent yes I agree with you, but I also think there some non-luck based elements to it

I saw DEGEN early, I knew it would do well, it just had the right "vibe". That being said I underestimated it, I thought it'd go to ~100M, but not 1B

https://warpcast.com/cooki/0x6ab38ee9

Yeah, you're right, really hard to predict

There’s definitely a lot of utility in $DEGEN and it hit just the right seam (social, giving, viral) at the right time. Now it even has an L3 chain with loads of activity. 

Arguably way more utility than dogwifhat 😉 

But whether that utility was there at inception or ex post facto is a great question…