Professional shit poster and part time magic internet money trader.
Wassie Academy
Joined April 2018
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$PUMP
Maybe we could really run for the new ATH had this nigga not post this shit.
The dump won't stop because you are buying.
The dump only stops because the sellers stop selling.
NY opening hours are dominating in both buy and sell force. They are jeeting the coins past couple of weeks. The moment we stop dumping in NY hours is the first sight of reversal
CZ posted his pregnant wife, flashed his 6 packs then flushed the whole market afterward.
What's this kind of masochist celebration? Jeezuz
Ah yes, so now people front ran NY opening hours dump by dumping it right now, right here.
At least when Ameritards wake up, they won't have anything left to sell, right, right?
They will pin this market in range low, force you to question everything about your life, your investment decision, your shitcoin portfolio, make you want to puke and sell everything, delude you to think there's another 10/10 nuke coming.
Then run it back.
What's the chance that CZ is going to murder the whole market given that he just announced he now has a baby?
I would say close to 0 but wouldn't rule out the possibility
I am very glad if all memecoin could fucking die and we move on to the next narrative. This disgusting gameplay mechanism is skewed too much to the rapists side.
This is probably a controversial take but I think we won't see a pure meme above 1 billion market cap this cycle.
The reason for that is that the market has matured and evolved. Trading memes has become a hyper optimized game that is just a wealth transfer from new participants to those who have the right tools.
Last cycle a normie could buy a viral tiktok meme, log off and hope for the best. This cycle we have a dozen launchpads on a dozen chains with a dozen launch settings.
It is near impossible for a normie to navigate through all of this. Even if they managed to do so, there is a 90% chance another token with a slight difference tries to vamp.
This isn't only bad for normies but also for the whole ecosystem. The liquidity is spread among 5 different tokens on the same narratives. A coin that would've went to 5 million now now splits that capital between 10 different coins that all top at 1 million.
People would rather take a shot at a 10x on a vamp than ride the original to a billion. This mindset forces all other participants to adapt or die.
Above a certain market cap there is no marginal buyer left for a coin with no fundamental value anymore. Degens already bought. Funds can't underwrite it. And whoever is still on the sidelines has 50 other coins competing for the capital.
Going forward I think the only tokens that can reach a billion are tech coins. Real innovation in AI or tech, plus a value accrual mechanism that creates an outside bid. Something buying the token that isn't just the next degen.
That outside bid is the key part. Revenue funded buybacks, burns tied to usage, a reserve that grows with volume. A buyer that shows up whether sentiment is good or bad. Pure memes don't have that.
AI is 100x more efficient than last cycle. I'm sure we will see a lot of innovation happening through crypto rails this cycle.
RWA paired memes sit somewhere in between. They have meme distribution and community with a real asset or a real narrative beneath them.
The question here is whether that middle ground is enough to break through the ceiling pure memes keep hitting. I think it can be. The attention engine of a meme plus a reason to hold beyond attention is a combination we haven't seen run at scale yet.
In practice this means the ceilings on pure memes are lower than people price in. Take profits earlier on runners. Spend more time looking for coins with an outside bid.
Pure memes won't be the runners of this cycle.
Please please please please CZ let us break this stupid 86k resistance in peace and don't kill the whole market on 10/10
Every cycle Ansem pulls out of his ass a shitty web3 game, calls it innovation, shoves his shit to your throat and people always gladly swallow
