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Degens Deteriorating
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One thing ChatGPT remains good at β€” very quickly making charts from sloppy copy-pasted data
Bit of strangeness in this chart
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ATH date vs percent drawdown

Unfortunately coin creation vintage date isn’t in this table, which might be pretty useful.

Still
Filtering just to those coins whose ATH was after Jan 1, 2024, and weighting the linear regression by market cap:
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Drawdown vs Market Cap

For coins whose ATH was after Jan 1, 2021

Weighted by market cap
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😭9
The kids are not ok

Gen Z never drinking alcohol anymore.

Millennials, meanwhile, unchanged.

Is it weed? Nope, same trend occurring in countries where weed is rarely consumed.

Is it vapes? Nonsense. Peak youth smoking rates were decades ago and that never really hindered or substituted for drinking.

Is it the apps? Maybe.

Is it that today’s youth are increasingly wimp losers? Probably.
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Even where weed is banned, they too are seeing a collapse in drinking among the youth
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What’s for sure
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Collapse of alcohol drinking by young men in the west

is a collapse of pubs, coffee houses, and irl socializing among men in general

is a collapse of a key tool of uprisings against governments since the dawn of time

it was the one place they could never censor, and where people could say what they really thought
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Kill the drinking,

Kill the pubs and gathering of men,

kill the anti-government uprisings
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Kill the drinking

Kill the anti-government revolutions

Men did greater things back when they drank more
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Trump coin is out?
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Legit or BS?

Feels BS

Let’s see
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$RTR
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Supposed Trump coin $RTR immediately has more than $6.6M worth of SOL liquidity, and over $100M market cap within less than an hour of deployment
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