The Most Overlooked Truth in Memecoins Most people, especially in TradFi, completely miss it. They see an endless churn of meme tokens: thousands of new contracts spinning up daily, all noise and no filter. From that vantage point, the surface-level read is: infinite supply, infinite dilution. I get it. But the part almost nobody talks about: the tokens that survive past launch hype, the ones that actually build lasting communities, are hard capped from day one. Renounced contracts. No central switch. Supply is locked. No new tokens, ever. Doesn't matter if the price goes 10x, 100x, 1000x - there will never be a new token minted into existence. With a renounced contract, the norm for ETH memecoins now, not a single new token can ever enter the market, no matter how high the price runs. Contrast that with equities. Stock supply is a moving target, where dilution can be decided at a Tuesday board meeting and dumped on you overnight. Shareholders get very little say. BTC's hard cap was once dismissed as trivial. Not anymore. Today it's the stuff of fomo. And we were all there when ETH flipped deflationary and reshaped its entire narrative. Yet most ETH tokens are fully minted from day one, with no further issuance possible - and that reality hasn't even begun to get priced in. It's only a matter of time. Tokens that manage to survive the growing pains of building a community, expanding their holder base and achieving wide distribution will moon as the market realizes that simply holding creates value through scarcity. Throughout human history, provable scarcity has been the most reliable engine of value. Fixed supply is the most slept-on meta out there. Forever is a long time. Sooner or later, markets catch up. When they do, supply hard caps will go from overlooked detail to the defining feature of memecoins. Every in-demand, contract-renounced token will trade at what they're worth, at true scarcity-level valuations.

What an incredible honor to meet with @CMNHospitals and the team at @gamestop to come together for a great cause and office supplies. The stapler and the Nintendo switch are officially secured. What room is appropriate to hang framed underwear? @ryancohen

So… who needs something stapled?