My feed has been wild lately, with everyone split into two camps — Ansem vs Zach — debating whether memecoins are good or bad for the space!
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Every bull cycle, there’s always one crypto narrative that pumps the hardest.
In 2016–17, it was ICOs. A bunch of new projects and tokens launched with massive potential, and people made huge gains early on. But like any cycle, the hype cooled, and many projects faded.
In 2020–21, it was gaming and NFTs. Everyone was into metaverse projects and digital art, and some people made life-changing money during this wave. But as the market matured, the prices came down, and again, we saw the cycle play out.
Now, in 2024, we might be staring at a new narrative: memecoins.
