My feed has been wild currently, with everybody cut up into two camps — Ansem vs Zach — debating whether or not memecoins are good or unhealthy for the area!
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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 recent tasks and tokens launched with large potential, and other people made enormous positive factors early on. However like all cycle, the hype cooled, and lots of tasks light.
In 2020–21, it was gaming and NFTs. Everybody was into metaverse tasks and digital artwork, and a few folks 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 looking at a brand new narrative: memecoins.
