I love memecoins as much as the next pepe, but the reality is they were the radioactive sludge-babies of degens and the horrible anti-crypto regulatory environment created by Gensler
If your governmental rules label everything a security, then we’ll read those rules with microscopes and find one aspect that lies 1mm outside of that definition, and we will max send it into the stratosphere…
That’s the genesis of memecoins: cultural rebellion against tradfi, howey, gensler, warren, etc.
They were creators creating in the narrow band of sunlight where we were actually allowed to dance
As the regulatory pressure lightens, our band of sunlight grows
What comes next is the reason we were drawn to this space in the first place: mass adoption, revenue-accruing tokens, iOS and Android integration, etc.
Now, we’re really only limited by one thing: our ambition 3 replies
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