My feed has been wild currently, with everybody break up into two camps — Ansem vs Zach — debating whether or not memecoins are good or dangerous for the house!
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Each bull cycle, there’s all the time one crypto narrative that pumps the toughest.
In 2016–17, it was ICOs. A bunch of latest initiatives and tokens launched with huge potential, and folks made large positive aspects early on. However like every cycle, the hype cooled, and plenty of initiatives pale.
In 2020–21, it was gaming and NFTs. Everybody was into metaverse initiatives and digital artwork, and a few individuals made life-changing cash throughout this wave. However because the market matured, the costs got here down, and once more, we noticed the cycle play out.
Now, in 2024, we is likely to be observing a brand new narrative: memecoins.
