My feed has been wild currently, with everybody break 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 at all times one crypto narrative that pumps the toughest.
In 2016–17, it was ICOs. A bunch of recent initiatives and tokens launched with large potential, and other people made large good points early on. However like all cycle, the hype cooled, and lots of initiatives light.
In 2020–21, it was gaming and NFTs. Everybody was into metaverse initiatives and digital artwork, and a few individuals 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 perhaps observing a brand new narrative: memecoins.
