teddit

hot take: TAM for memecoin trading is quite limited relative to real-world use cases

global retail trading market is $5T and highly fragmented vs cross-border payments alone have a market of $156T

Pew Research found only 15% of US adults expressed interest in memecoins vs 80% in blockchain for practical use cases

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

what’s your source or data to back that up?

i looked into a lot of data surrounding meme stocks from the 2021 era to help me form this take fwiw

internet coins and memecoin trading aren’t the same thing.

i actually think super is a great example for this.

the model through which super users interact with “internet coins” through leaderboards or claims is much higher TAM (not higher potential income) than memecoin trading.

no data, just vibes — people don't know what they want until the thing is ready in its final, usable form

henry fords cars vs horses type of think

empirically, before i started playing heavier with memecoins i didnt know i liked them — i would say some bs like "blockchain for logistics is the future"

imo over time more and more people will get comfy with holding and creating a lot of magic internet coins, there is nothing that can stop this trend like nothing stopped moving from cinemas to netflix at home