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Confession: I used to dislike meme coins and pumpfun culture. Coming from the 2017 class, I saw them as distractions. But after paying attention this past month, I have to admit these young kids get it.
They’ve cracked something we didn’t: what makes a meme coin work. And honestly? They’ve been playing one meta that consistently prints general knowledge, news, politics Whether it’s $PNUT or $MOONDENG, they follow the news, react fast, and profit.
And maybe that’s not a bad thing. It forces them to pay attention. Sure, they don’t care about the tech but let’s be real, who does?
I have an iPhone, and as long as I can text, call, and scroll, I’m happy. I don’t need to understand how it works.
So why should the new generation care? They’re using the tech in a way that makes sense to them. And maybe that’s all that really matters.
Thinking out loud today! 2 replies
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We need to stop vilifying these kids they spend 16+ hours a day researching and trading. It’s not easy, but they get the trends, and sometimes, one of their picks actually makes it to the mainstream.
Truth is, everyone in crypto is here for the money; they’ve just found a faster way to make it. Wish I had that skill, but I prefer holding through multiple cycles.
People used to hate NFTs now they’re accepted. Today, it’s meme coin traders getting the hate. But they’ll be around for the next 12 months, at least. Yeah, most meme coins crash, but how many people have held BTC, ETH, or XRP for years only to be down bad or forced to sell at a loss? Crypto is complicated.
The game moves fast. Most don’t care about new tech they want to be where the meta is.
Same reason people still buy the latest iPhone, even with the price hikes. 1 reply
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