basil
@itsbasil
is there an example of a memecoin that raised a bunch of money & hype, popped, pivoted to “doing good” after their initial crash re utility & community, and then saw a retracement to highs in the following cycle?
4 replies
1 recast
14 reactions
basil
@itsbasil
my cynical ass tends to believe that the most useless & aggressive memes sustain cross cycle, or enjoy multiple runs, while anything useful or positive tends to have a hard time retracing after its initial pop
3 replies
0 recast
9 reactions
Daniella
@oec
That's true, your cynicism is correct
0 reply
0 recast
0 reaction