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@maico678
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Maicon
@maico678
The appeal of meme assets is amplified by rising short-termism in the crypto market, a phenomenon that can be described as a 'speed trap'. In an investment world increasingly influenced by social media and gamified trading, group mentality and instant gratification have distorted the investor psyche, with retail speculators chasing quick gains at an accelerated pace. This phenomenon is not surprising, as it reflects a broader shift in the global economy towards on-demand goods and services. Just as consumers expect fast food delivery, retail investors now expect instant returns through mobile trading apps such as Robinhood.
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Maicon
@maico678
L1 assets still trade at relative valuations to BTC and ETH, which are themselves priced as non-sovereign currencies that cannot be intrinsically valued. Meanwhile, AI tokens also trade on a relative valuation basis, despite the fact that AI, as an emerging field, has enormous potential that is difficult to quantify. Meme coins, meanwhile, have completely abandoned any pretense of value and are priced solely on the basis of attention.
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Maicon
@maico678
Why is SOL so strong and how much more upside is there to follow?
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Maicon
@maico678
Opps
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Maicon
@maico678
I got my Moxie Pass! Mint yours to be eligible for upcoming airdrops, grants, Fan Tokens and more! cc @betashop.eth @airstack.eth
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