Zach
@zd
Good take from @woj.eth - I think it's contrarian and right. ETH has more legit projects than any other chain, and that isn't priced in. Solana memecoins get all the hype, which pushes prices up, but I think we'll see that the emperor has no clothes. https://x.com/superwoj/status/1860332231870267880
2 replies
0 recast
14 reactions
six
@six
Why doesn’t the emperor have any clothes?
1 reply
0 recast
3 reactions
Zach
@zd
I don't know any non-memecoin apps on Solana, and I don’t think memecoins are the only thing blockchains are good for. Maybe Solana finds PMF with memecoins and that's its only use case - in that case, the Emperor does have clothes. But if the goal is diversity of applications on SOL, I don't see that happening any time soon.
0 reply
0 recast
2 reactions