GM

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State of the trenches

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State of the trenches

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The ai coins did not have any tech

Wen tech szn

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Or, alternate interpretation,

(1) AI coins — were actually effectively “fund coins”, which is and will increasingly become a huge thing

(2) tech wave always came at the END of the cycle — First memes, then tech. Always been this way, over many waves, despite bsing influencers claiming the opposite

I.e. tech wave here we come?

— Huge problem here is, again, people refusing to believe that the names are lies… because you’re a midwit.

“Memecoins” were never really about memes, but rather communities and/or giant money attracting more money

“AI coins” were never really about AI, but rather funds

— BUT, at the same time the tech wave is likely ahead shortly, as tech waves always came in the final stage of each cycle

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If pumpfun didn’t configure their liquidity curve to be so thin,

Then yes they would rise slower when given the same amount of money,

— But they’d also fall much more slowly too

These pools are over 100:1 market cap vs liquidity ratio, when at their highs

Ever seen the game of musical chairs?

= 1 chair per 100 people

Of course it’s an insane scramble to dump as soon as things start going south, with pumpfun coins

The liquidity curves are too damn thin, and this is pumpfun’s fault, because this is how pumfun configures the coins’ pools to be from the start

It never had to be this way

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