Jack Miller
@jackm
Crypto feels like a wasteland because liquidity cycles are moving faster than technology cycles As crypto gets bigger the problems take longer to solve In the meantime we still see speculative bubbles and external forces like monetary easing Some people hate this but really just need to zoom out
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Icetoad 🎩 🍕 🎶 🐈 💚
@icetoad.eth
Over the last year we have seen so many memecoins come and ago. When they die they leave behind liquidity pools that go essentially unused. This traps small to medium amounts of liquidity each time.
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Jack Miller
@jackm
I saw an analysis that there is more SOL value stuck in burned LPs than ETH value burned after 1559
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Icetoad 🎩 🍕 🎶 🐈 💚
@icetoad.eth
That's crazy. We can mostly thank pumpfun and gen-z gamblers for that lost liquidity.
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