Memecoins almost by definition make no sense. You can’t l use reasoning to understand how they work, it’s the wrong tool for the job.

Working on building zkTLS infra/products. A ruthless empiricist.

http://opacity.network

Advisor @ EV3 Ventures

@backpack put a bank in your pocket and use your money whenever, wherever, however without permission

/backpack
/notdevin
icebreaker.xyz/notdevin

I’m an empiricist, if you think you have it figured out, then start making public predictions on which ones will do well.

memecoins quantify the subjective value of social behaviors, shitcoins are paperclip maximizers for return, we know what that value distribution looks like, vertical up then down. Degen found a better function and still generic, what does 10yrs of those mechanics spreading look like?