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I’m torn on memecoins.

They legitimately feel like a fun new social primitive. Addicting and always something new to talk about with friends.

They’re also a zero sum attention vacuum. I don’t feel good when I pay attention to them.

Memecoins: passing fad or glimpse of the future?

Building /bright-moments - minting onchain art IRL | /purple #15 | FID 129 #magikarp

Rome, Metropolitan City of Rome Capital, Italy

Define a memecoin

If they create long-term communities, then a potential new primitive for building communities.  

But if they are mostly built around number go up, eventually number stops going up.

Exactly. Only the holder can define the true value —not the marketplace