agusti

the game is rigged.

not all meme coins are as ‘much of s scam’ putting them all on the scam bucket is only helping the real scammers gwt away with it

I was discussing this with my crypto ecomemeology professor*, and the problem with these kinds of mega rugs is the liquidity goes to non-degens. That's a net loss to the ecosystem. The memecoin ecosystem is a delicate balance of noobs, degens and whales. These invasive rugger species upset that balance and risk causing blockchain extinction level events.

* Made this part up

Your noobs, degens, and whales rhymes with the classic David Chapman essay “Geeks, MOPs, and Sociopaths in Subculture Evolution” 🐵

Husband, dad, dev • @dune.eth wizard • Ultimate Ⓜ️oxie Dashboard https://tinyurl.com/moxiedash •  I'm just zis guy, you know?

Your noobs, degens, and whales rhymes with the classic David Chapman essay “Geeks, MOPs, and Sociopaths in Subculture Evolution” 🐵 
https://meaningness.com/geeks-mops-sociopaths

🔭🔎 scouting near and far :: thought follower

You’ve got me thinking 

Whales seem unique to this space. Income inequality made manifest. Winners and losers on steroids

Could also just be more visible to l’il ol’ me thanks to @interface where for any token I look at the mongo holders are anon

Yup, read that some time ago but definitely very similar concept!