I've always thought memecoins hurt the space overall with rugpulls and manipulation, but you can't deny the traffic it generates.
The narrative that you can make 1000x in a month is hard for most to ignore. For newbies, I'll call out that when that happens, it starts with $5000 in liquidity and people throw a few dollars at it to hopefully get lucky.
If you throw 1K at a brand new meme, your chances are far less than 1 in a 1000 you're going to hit the 1000x and cash out at the right time. It's a fun game to play though. Just know what you're getting into. I've played, and mostly lost lol.
NFTs/Ordinals I'm slowly starting to appreciate, but still hard to see the long term sustainability in its current form.
So, these things keep the space lively and growing. But I still think the real use is yet to come.
What do you think?
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