Token Printing: What's Next? From Community Tokens to Public-Private Sales
AI summary of the linked articleThe author describes buying the memecoin MOODENG despite a default expectation that its price will fall to $0, driven by fear of missing out on a possible success like Doge. The piece says memecoin buying appeals more than utility tokens because of a need to belong to a community that shares the optimism of "making it." It contrasts this with a grim sentiment toward low-float, high-FDV tokens, and notes the author had promised not to trade memecoins but changed their mind to stay open-minded. |
1 comment  rvolz.ethSubmitter Let's hope people won't notice: "Crypto being a hedge against fiat money printing is the biggest lie we tell. While Bitcoin might be an exception, the crypto industry as a whole prints money in ways that would make central banks envious." |