pure memecoins are a pyramid scheme that will collapse as soon as 

A) the same people keep winning (as this means the average person is losing $ consistently)

and

B) new buyers entering the system are exhausted (there's a limited amount).

A is already happening (KOLs are driving token prices top down) & not sure how much of B is left.

History rhymes - exact same thing happened with NFTs.

howdy

It also depends what the community makes of it. I try to release a weekly collection on Drip.haus for /howdy as a community member, others produce content etc.

But ofc you are right...I am a bag holder for many that took a profit on my neck.

Building FOSS via @frames, /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id