# Token Printing: What's Next? From Community Tokens to Public-Private Sales

Source: https://www.ignasdefi.com/p/token-printing-whats-next-from-community
Kiwi News: https://news.kiwistand.com/stories/Token-Printing-Whats-Next-From-Community-Tokens-to-Public-Private-Sales?index=0x66fd75b5c08166a8aff32e474c076ecb6b81bd6d85990e00bde4d2f5027a2184d6662669
Submitted by rvolz.eth on 2024-10-02 UTC, 1 upvote, 1 comment

## Summary

The 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.

## Article

I’ve started to like memecoins and even bought MOODENG.

The FOMO got to me. My default expectation is that the price will go to $0, but I don’t want to miss out if it becomes the next Doge. I want to be part of the success story. Part of that bullish community.

Indeed, buying memecoins, more than other utility tokens, comes from an inherent need to belong, to be part of a story, and to join a community that shares the optimism of “making it”.

You see, this optimism and bullishness is hard to find in other crypto sectors.

Ethereans expect just a 3x to 4x pump for ETH this cycle, with BTC possibly doing the same. SOL might reach $1,000. For low-float, high FDV tokens, the general sentiment is quite grim.

It also goes against my promise to myself not to trade memecoins. I won't buy most of those shilled on my X feed, but I'll take my chances on a few that I believe could take off.

I changed my mind because my top rule in crypto is to stay open-minded and try new things. Being a maximalist yo…

## Comments

**rvolz.eth**: 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."