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Everyone wants another PEPE style runner, but nobody understands why PEPE happened. Back then, there was barely anything to trade onchain. Liquidity was concentrated, people had patience, and they actually HELD. And let's not pretend PEPE was some 100% organic miracle. There were claims of around 30% bundled supply. The difference was that a floor was built and people had bigger targets. Today, everyone wants to sell to the very next guy who buys after them. Our role models are guys who flip, flip, flip. Show me someone who held something from nothing to hundreds of millions. Maybe Unipcs? Even he gets called an insider whenever he wins. We've completely fucked up our psychology. Nobody wants to build a floor. Nobody wants to hold. Everybody wants to extract. And guess who's actually getting rich? The platforms and protocols collecting fees on every transaction. I dump on you. You dump on someone else. We all lose money while the platforms print. We don't have a liquidity problem alone. We have a conviction problem. Until we fix that, forget the next PEPE. We're just recycling the same money until there's nothing left to recycle.

I think we desperately need a perp DEX where you can short newly launched memes the minute they graduate from the bonding curve. Why should degens only have the option to buy? Imagine every graduated token automatically becoming eligible for a perp market. Long or short. USDC collateral. 1–3x leverage. Dynamic funding rates. Liquidity-based position limits. If you believe a meme deserves a $100M market cap, long it. If you believe it's another Ponzi heading to zero, short it. Of course, we'd need proper oracles, market makers and liquidation mechanisms so nobody can manipulate the shit out of it. We have thousands of platforms helping people buy shitcoins. Maybe it's time we built one that lets people bet against them.