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Kaloh  pfp
Kaloh
@kaloh
Depends what you mean by speculating. Just the act of getting airdrops or buying memecoins could be labelled as speculating The absolute best founders participate in those (directly or indirectly) too much money to ignore
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Vanessa Williams
@fridgebuzz.eth
I’m curious. Is it really “too much money“? Do people make real $ playing with memecoins? I thought that kind of thing was all finished in 2021 (along with the NFT-based art market)?
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Kaloh  pfp
Kaloh
@kaloh
I mean $degen is worth 0.01$ from a free airdrop There are people with millions in degen, a couple of millionaries already This is one example I am familiar with, but there are more Most lose money tho
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Vanessa Williams pfp
Vanessa Williams
@fridgebuzz.eth
I c. But they would have to be able to sell it to become millionaires. Is that the catch? A few cash out and everyone else loses?
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Kaloh  pfp
Kaloh
@kaloh
So there are 50k people holding degen. As any coin, if many people sell, it could crash, yes. but it is more than just a coin now... It is now integrated with many apps in a short period of time @drakula @perl and more So, you can tip and receive tips for good casts + use degen to buy stuff in those apps too
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