Individual memecoins become more -EV to trade the more the asset class grows

There are inflections points like right now with large liquidity inflows into crypto, where we were here early and it has been easy to just sit on coins and watch the number go up

This was essentially a market inefficiency that we identified ahead of time, and now the gap is being filled

It’s not always going to be like this

this sounds generally correct BUT

a lot of money was made after BAYC launched, at the peak of 2021

however this time around we’re getting all the tokens before retail gets here

so not sure what happens when the masses show up

When the masses show up, they’ll most likely go toward the next big "meta" trend whatever that is. 

People are always looking for something new. BAYC NFTs were a hit because they offered something new,  a sense of fun, and lets not forget the clubhouse vibe.

The Solana meme is still strong and continues to draw attention, but retail need something new !! A new narrative maybe its  AI who knows?