do memecoins survive long-term, or do they collapse the same way NFTs did?

A. die, same fate as NFTs
B. survive, it’s diff this time

i solemnly swear that i am up to no good ·  salvinoarmati.twitter

It feels like the final form/end state of the attention economy

The GDP of the attention economy is in the trillions, “memecoins” are the first instantiation of Internet-native liquid capital markets around the asset of attention, and they are built on unruggable unstoppable infrastructure

Over a long time horizon, both memecoin dominance

It feels like the final form/end state of the attention economy

https://x.com/internetphysics/status/1854336431491334356?s=46

The train has left the station, people are gonna keep creating coins for anything that has attention now until the end of time basically bc there is no reason not to

I think the extent to which people speculate on them will be a bit more cyclical and maybe affected by broader liquidity and risk conditions - but the markets will still persist

the next phase of crypto is hypertokenization

creating a coin for something is now quite literally only +EV - when you create a coin on @pumpdotfun, you pay nothing, which means there's no downside and only upside. you can follow the incentive structure to its natural end state

The train has left the station, people are gonna keep creating coins for anything that has attention now until the end of time basically bc there is no reason not to

I think the extent to which people speculate on them will be a bit more cyclical and maybe affected by broader liquidity and risk conditions - but the markets will still persist

https://x.com/internetphysics/status/1851267359069381030?s=46