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My feed has been wild currently, with everybody cut up into two camps — Ansem vs Zach — debating whether or not memecoins are good or dangerous 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 latest tasks and tokens launched with large potential, and other people made big positive aspects early on. However like several cycle, the hype cooled, and lots of tasks pale.
In 2020–21, it was gaming and NFTs. Everybody was into metaverse tasks 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 likely to be watching a brand new narrative: memecoins.
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