a lot of memecoin critics don’t realize that the quiet part they’re saying out loud is “I don’t find the utility of making money very useful” which says a lot 

not a good or a bad thing, it is what it is

building /juicebox | product marketing & growth | prev. NounsDAO, RAW DAO | learning to code

only a tiny tiny fraction of the people who trade memecoins actually make money. so no, making money on memecoins isn’t real utility or useful in the aggregate.

I think what you’re describing is mostly for those playing new launches on platforms like pump

most mid cap and large cap coins are 1000%+ YoY, plenty of people have made money with very simple momentum strategies. it’s quite obvious if you pay attention.