HIGHER

been learning a lot about (fungible) memecoin psychology through /higher. congrats @martin @six @lght.eth for getting it off the ground!

main learnings:

1. fungible token is just much much easier to "dabble" in. i initially bought a small amount to just be supportive to @martin and @six. but the crazy thing is that once you dabble, you become interested. i started checking /higher daily and stayed tabs on what's happening

Nouns

rounds are a simple and easy way for communities to award people

3. it feels much more like "money" and the trading UX is much nicer. ↑higher just literally shows up on my rainbow wallet. 24hr price change shows up. i can tap "swap" to buy/sell via onchain liquidity immediately. i ended up buying a few times more b/c the friction was so low.

all of this is making me even more convicted on the idea that we should launch $nouns (nouns backed fungible token; for example 1 nouns = 1,000,000 $nouns)

i think it would 100x the economic owners of nouns by allowing ppl to dabble or earn small amounts and i'm pretty sure it gets ppl to pay attention / care

i’m still convinced that $nouns (nouns backed fungible token; for example 1 nouns = 1,000,000 $nouns) should happen

if you have thoughts on the matter share them here in replies or dm me!

unless there’s meaningful pushback i’m gonna start pushing for it harder soon

more on the $nouns idea: https://warpcast.com/noun40/0x20a27de6

2. fungible token makes @rounds (and tipping) in the native token possible. in the /nouns channel you earn eth. in the /higher channel you earn ↑higher. when i earned ↑higher, i liked it more. pretty intuitive to the $degen ppl but i wasn't part of the $degen tipping culture so i didn't know this first hand

Curious how this would affect daily auction prices. I feel like it should increase the meme value overall. Exciting stuff!

coin (the fungible) is the natural mvp of meme economy as nft is for meme culture

very nice round up of your thoughts 

690 $degen