@sterlingcrispin: Low liquidity AMM coins are shitcoins regardless of branding

Sterling Crispin argues that low-liquidity coins on automated market makers with exponential price curves are shitcoins regardless of whether they are branded as Creator Coins, Culture Tokens, Music Tokens, AI Tokens or Memecoins. He says these tokens form a zero-sum game in which retail buyers get picked off by snipers, bundlers, coordinated pump-and-dumps and autonomous trading bots. He states that 99.99999% of such tokens go to zero quickly, and that any that survive more than a year are rare exceptions. He directs the critique at launchpads that repeat the same product and at buyers who expect their token to be different.