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Memecoins: proof that most coin devs don't understand economics, nor do most of their buyers. Also, in these attention economies, money is imaginary and infinite - time is real and finite; what are you trading your time for - and are you valuing it accurately?
That said, I believe there IS value in some of the things that some social tokens have made possible here, i.e. micropayments (often called them tips, gifts, etc)
In the future, we'll have tokens with both micropayment utility AND strong fundamentals... for now, choose your own adventure, cap your downside early, and count your earnings in USDC.
Just my 2 $DEGEN 0 reply
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