The Trump victory is the following: — A legitimization of the crypto industry — Less aggressive stance towards DeFi — More regulatory clarity
Who does this benefit the most? Not memes.
Many DeFi coins are up 100% or more this week with some like Drift and Raydium up to insane numbers.
What if we meme'd ourselves out of the memecoin supercycle and it became a midcurve bet since we've been chanting it for a year?
— DeFi Coins have barely any volume, any uptick sends them higher — Everyone is largely underexposed to DeFi and overexposed to Memes
This is the first cycle where institutions are coming in strong...and we're saying memes will outperform real protocols with much lower valuations than memes...?
I'm not saying Memes are over, but maybe we are too heated.
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Meme Supercycle (not real?)
The Trump victory is the following:
— A legitimization of the crypto industry
— Less aggressive stance towards DeFi
— More regulatory clarity
Who does this benefit the most? Not memes.
Many DeFi coins are up 100% or more this week with some like Drift and Raydium up to insane numbers.
What if we meme'd ourselves out of the memecoin supercycle and it became a midcurve bet since we've been chanting it for a year?
— DeFi Coins have barely any volume, any uptick sends them higher
— Everyone is largely underexposed to DeFi and overexposed to Memes
This is the first cycle where institutions are coming in strong...and we're saying memes will outperform real protocols with much lower valuations than memes...?
I'm not saying Memes are over, but maybe we are too heated.