Erik Stevens 🐆

The Memecoin Market Is Stronger Than People Think People act like we're supposed to see a new billion-dollar memecoin every other week, and if that doesn't happen, the space is somehow failing. What they fail to realize is that very few memecoins have ever reached a billion-dollar market cap, and most of the ones that did got there during periods of extreme euphoria and favorable conditions across broader markets. That said, the fact that we're seeing memecoins regularly push into nine-figure valuations is astonishing, especially when crypto as a whole has been lagging behind most major asset classes. On top of that, memecoins are more diluted than ever, with everyone being psyoped into serially launching short-term farms and overtrading to line the pockets of the most successful platforms in the space. You can view this glass as half full or half empty. Personally, I see it as half full.

@Nerios_knows 😂

@HopiumPapi Fr we're so delusional. Like even a 30% gain in a day is HUGE for any other industry. But for us? Awful returns and the dev is a fraud.

Memecoin traders may have the most distorted expectations in all of finance. Expectations have become so warped that a 10x in minutes is considered underwhelming, and people are genuinely disappointed when lines of code with no intrinsic value, wrapped in a cartoon mascot and an internet joke, only reach a $100 million valuation.

@Fitzybrypto Exactly

@HopiumPapi People look at the chart people post of users going down but fail to realise we have still retained a lot more than we did last bear when there was 30 of us trading against each other and 1m mcap was a blessing once a week for a meme

The Memecoin Market Is Stronger Than People Think People act like we're supposed to see a new billion-dollar memecoin every other week, and if that doesn't happen, the space is somehow failing. What they fail to realize is that very few memecoins have ever reached a billion-dollar market cap, and most of the ones that did got there during periods of extreme euphoria and favorable conditions across broader markets. That said, the fact that we're seeing memecoins regularly push into nine-figure valuations is astonishing, especially when crypto as a whole has been lagging behind most major asset classes. On top of that, memecoins are more diluted than ever, with everyone being psyoped into serially launching short-term farms and overtrading to line the pockets of the most successful platforms in the space. You can view this glass as half full or half empty. Personally, I see it as half full.

Chimping out

😂 💀

@SaltyBitch_52 😂

Imagine you are on your balcony and you notice a man running from the police. From your height you can see where the guy evaded the officer and is hiding. You can clearly see the police needs pointed in the right direction but you choose to say nothing, even when the officer asks you. On another balcony, the man is yelling and pointing the guy is getting away. What would you have done? Protect the person in trouble or point out where they were?

I’ve seen winners become losers again when they started letting unsuccessful people dictate their choices. You didn’t get where you are by following the crowd, you got there by doing what worked. Don’t abandon the principles that made you successful just to satisfy people who haven’t achieved what you have.

@HopiumPapi Imagine if elon tweets this)

$Dogeus has held up extremely well compared to its peers. I would love to see it at $10M. 0x759F8B83db57033aed95545694F6AdA480b6e987

The $https meme is goated lol

The community lived up to its name. It’s $https after all (had to take profits, ser 😂).

😂

@Chrisdre86 This is the husband

@HopiumPapi With all those muscle’s he was scared of the husband!!

Falling for you took on a whole new meaning here.

The secret to succeeding in this space is trading less, but you're constantly being psyoped to trade more. Why? Because it makes the few at the top much richer.

@habibivc GM

Gm to everyone grinding on the weekend 🦾

This how trenching been feeling lately

@DegenAussie15 lol the internet is going to hell

@HopiumPapi This is why you gotta do your pullups and not shitty lat pulldowns... these bodybuilders mannnnn

Wow this girl just put me on to Billie Eilish she makes great music!