mustervaper

oh no haha I'm not looking would be a real shame if it was up only from here and I missed it

Memecoins are officially dead - and that is the best thing that has happened to crypto in a long time. They went through the same cycle NFTs did a few years back, and we have officially reached a point of no return. Trading became too efficient, and a minority extracted all the money from traders and retail without giving anything back in return. I have been trading crypto 24/7 since late 2016, and I can't recall a darker era for this space than the Solana memecoin mania we had. It brought out the worst in people and stripped this space of its soul. It allowed first-cycle scammers to extract millions, and we made complete retards celebrities. Every day I wake up now and don't have to watch the space glorifying morons and clowns while battling over 20 PVP clones of some racist/dead person token, I feel grateful. Grateful that we are never going back to that again and wondering how we got there in the first place. There is no belief, conviction, or trust left. 10/10 kind of sealed the deal - if you aren’t safe on 1.5× leverage on a multibillion dollar coin and you can get liquidated on a scam wick, then there is no denying anymore that the system is completely broken and rigged against you. For the last two years, traders have been getting fucked left and right by bot terminals, launchpads, thousands of devs, and braindead KOLs - and in the end, they didn’t even receive a stupid PumpFun airdrop which was part of the tokenomics. It's as if everyone decided that crypto is dying tomorrow, and this is their last chance to grab as much money as possible. And to close this chapter, we got Solana co-founders 24/7 shilling a fake privacy coin they got for free during a pivotal time for their chain, in the same week $SOL got a staking ETF (while SOL is down 33% this month) I don't know where we go from here, but I see no light at the end of the tunnel for the Solana ecosystem, and I'm kinda glad that we're going back to recycling DeFi narratives, maybe that sobers us up a bit. Your memecoins aren’t coming back, and my advice is to start adapting and learning as much as you can, play around EVM ecosystem, and try to find opportunities there before others do. If this was your first cycle, I genuinely feel sorry for you. IMO, it can only get better from here. Maybe not today, maybe not tomorrow, but better days are coming. If you survived this, you will survive any other cycle. “Until death, all defeat is psychological”