67% of traders on pump..fun lose money - and I think its safe to assume this statistic holds across the larger memecoin market. Memes are transient - they are hot for a moment, then are quickly forgotten about and fade into nothing. 

40,000 - 50,000 new memecoins are created every day, all competing against each other in this zero-sum casino. Its a hostile economy where everyone is trying to buy before everyone else, hype the project up so they have some exit liquidity, dump their bags, and then do it all over again.

I won’t be buying any memecoins this cycle. I’ll be investing in assets & projects that have utility, are innovating with new tech, and generate revenue in some way. These are the projects that will still be around 5+ years from now, and these are the projects that will create generational wealth for investors. Not memecoins.

NFA DYOR

If you are unsure how you want to approach your trading strategy as we heat up 🥵 

Take a look at a solid perspective worth considering. Protect your $!

Ⓜ️ 3x cc @taylorwebb.eth @betashop.eth

Moxie maxi • solidity dev • prev mechanical engr • EVMav#1256 • we all die - the goal isn't to live forever, the goal is to create something that will

If you are unsure how you want to approach your trading strategy as we heat up 🥵 

Take a look at a solid perspective worth considering. Protect your $!

Ⓜ️ 3x cc @taylorwebb.eth @betashop.eth https://warpcast.com/taylorwebb.eth/0x01f4d17f

Onchain artist, painter and illustrator. Creator of /bizarrebeasts. Co-founder and resident artist of /thebazaarstudio and /honeyhighrecords

Well, that's a pretty bleak outlook on memecoins! Maybe we should just HODL and hope for the best.