something i'm learning about memecoins. 

it's very very similar to consumer apps.

influencers could shill to give it a boost, but unless the coin has an organic pull at its narrative level, 

it just won't be able to beat the gravitational pull to the bottom.

🦙 @alfaca | building fun consumer crypto apps: @offmarket @perl | vc warm intros | fid #539 | resuming /cheesecoin once we hit pmf 🎯

Actually this is pretty relatable especially when those meme coins have some sort of inherent use case/narrative. And where that isn’t present, back to hell it is.