pretty sure the narrative that memecoins are a play to dump on retail is bogus

there's no evidence that the concept has broken into the general public's consciousness 

for now, the memecoin cycle has probably been crypto native money rotating from old, dead narratives

building pics or it didn't happen - poidh.xyz - do fun stuff to earn crypto - come chill /poidh + follow @poidhbot

2016, 2020, 2024 - bull cycle for the existing crypto holders.

2017, 2021, hopefully 2025? - when new people come into crypto.