The Meaning of Memecoins

To call tokens such as $TRUMP and $LIBRA “memecoins” is to mistake shadows for the moon.‍

LIBRA, yes. TRUMP, absolutely does TRUMP have cultural fitness as a meme.

+1 to Tim, Trump has been a meme for decades.

This reminds me of advice from a memecoin trader I once read. He said that you always need to think "How can this meme get more attention?". If you feel like there are no "attention catalysts" in sight, it's time to sell.

So how could Trump - who's already one of the most well-known and covered by media people in the world - get more attention? I don't see any other attention catalysts, maybe only if he actually buys Greenland or something like that. Or if there's an adoption catalyst and more people join crypto and decide to buy his coin.

I actually don‘t think he has reached all his buyers yet, in fact, there is a ton that he could do

In an article from this week, Arthur Hayes goes over some of the theory: https://news.kiwistand.com/stories?index=0x67adbf519f54d62c844828d80e6b18e9faf0a888b4eaff451136306a297f387fdae84d8b#0x67b63e2fd21d889476c2973fa27985994ad9037091931f7fc837b6cf8afd9d9809b2117e