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Degens Deteriorating
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many such cases
Basically BOME 2

Like Darkfarms had previously launched an NFT collection that did moderately well, and then launched a memecoin BOME which went had one of the hugest fastest booms in crypto ever

Now another artist who’d previously launched a moderately successful NFT collection, mfers, has done the same, launched a similarly themed crypto, and it has mooned.

Turns out fungibility might be a good idea after all.

Crypto influencers had been immediately declaring BOME the last big chance at generational wealth.

This wave just barely getting started.

No joke the -6th loud person on my timeline from before this wave who’s gone from broke to millionaire overnight.

This is the big one.
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Now up 2 million percent, since 12 hours ago
Hmm both the mfers and the darkfarms nft collections were among the few collections I’d been following for a long time,

despite never buying, and never intending to buy any nfts

Wave shaping up to be a dankness literacy test.

Terminally online rise up.

Those who refused to look deeper until now, gl
(rtrd/acc)
5πŸ’―4
Boom of a lifetime
Probably 95% of the reason so many regular people are getting rich this time,

and the gini index is so flat on these memecoin returns is

β€” Because the VCs aren’t touching the memecoins

VCs badly killed profitability for regular investors and non-vc-anointed builders in the last cycle.

Plenty of evidence of it in the charts.

Down with the crypto VCs.

This one for degens.
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4
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Get f’ed crypto VCs

This one for the people
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memecoins + charity = nah
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Baking it in is exactly the retarded part

Charity coins been tried and horribly failed since the dawn of crypto

You never heard of them because they all failed that incredibly badly

What certain memecoins CAN do is

β€” focus riches on a particular type of people, who the world is better off for them having the power multiplier of big cash

Fairchild semiconductor traitorous 8 style.

And imo that should be a question on the top of your mind when hunting for the next BOME.

Are the people who were early holders the kind the world would be better off for making rich?

Not necessarily even because you want to make the world a better place

β€” but because later bigger money will look at the coin and unknowingly ask themselves,

β€œare the early buyers of this coin the type of people I want to be rich?”

β€œare the early buyers here the type who deserve to be rich for this bet?”

Been undeniably true for all my biggest wins over the years.

Focus for memecoins should be on the right kind of people getting rich,

not on baking charity donations into the coin, or, ever baking charity donations into any coin.

Just shows extreme lack of belief in the coin itself. Compensating.
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