My feed has been wild these days, with everybody cut up into two camps — Ansem vs Zach — debating whether or not memecoins are good or unhealthy for the house!
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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 latest tasks and tokens launched with large potential, and folks made big positive factors early on. However like every cycle, the hype cooled, and plenty 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 could be gazing a brand new narrative: memecoins.
