Ryan J. Shaw
@rjs
I was discussing this with my crypto ecomemeology professor*, and the problem with these kinds of mega rugs is the liquidity goes to non-degens. That's a net loss to the ecosystem. The memecoin ecosystem is a delicate balance of noobs, degens and whales. These invasive rugger species upset that balance and risk causing blockchain extinction level events. * Made this part up
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Pichi 🟪🍖🐹🎩 🍡🌸
@pichi
I really like the term Blockchain Extinction Level events. That’s got a nice ring to it.
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Ryan J. Shaw
@rjs
So long as it's Solana going extinct
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