Solana

fwiw I strongly disagree with this

culture, meme, and media coins can and will have significant value, they just need to be smart not dumb

toly is correct that bundled, extractive, down only coins that we've seen make up the majority of the hype cycle have zero value

@aeyakovenko @Fiskantes i dont agree it was sold as risk free yield tho, most ppl using aave, kamino etc, were doing it consciously of what defi is/was and what are the risks.

One could argue things like Ohm, Time Wonderland weren't as clear, and they duped a lot of people initially, but it was still… https://t.co/8M4nl1C18j

@WazzCrypto @Fiskantes If you put in $20 into a candy crush loot box you have $0 in minutes.  Like loot boxes, memecoins are purely digital and have no value.  The only reason to trade them is for the trading experience itself.

toly 🇺🇸

fwiw I strongly disagree with this

culture, meme, and media coins can and will have significant value, they just need to be smart not dumb

toly is correct that bundled, extractive, down only coins that we've seen make up the majority of the hype cycle have zero value

https://x.com/aeyakovenko/status/1891841478714102095?s=46

@base builder #001; onchain cities w/ OAK & city3

What's your idea of smart?  Or how do you envision that they need to be "smart" ?

How about tokens that let you create and evolve? Tokens that generate unique art? 

That’s $Fungi and #ERC20i on @base and it’s where the space is headed

Stay Curious // iixii // Lazer Technologies // Prev: CoinDesk, Roc Nation // based