Trading for the following perpetual futures will be suspended on Coinbase on August 26 on or around 13:00 UTC.
Memecoin (MEME-PERP)
The Sandbox (SAND-PERP)
Moonbirds (BIRB-PERP)
Blur (BLUR-PERP)
Katana (KAT-PERP)
SPX6900 (SPX-PERP)
ZORA (ZORA-PERP)
Axie Infinity (AXS-PERP)
Gensyn (AI-PERP)
LayerZero (ZRO-PERP)
Any remaining open positions will be settled automatically at the time of suspension. The final settlement price will be calculated as the average index price over the 60 minutes prior to the trading suspension. The funding rate will be set to zero for the final funding period before final settlement. Coinbase reserves the right to suspend trading at any point and adjust the final settlement price to a reasonable level.
im a total dumbass boomer on memecoins, mostly watching from the side. but the thing i keep coming back to is where the attention comes from and what happens to it over time.
borrowed attention. moodeng, jimothy, boden. it’s mostly decaying by the time you can buy. you’re just holding the back half of someone else’s headline.
generated attention. KET, GOAT/truth terminal, fartcoin. someone is producing content constantly and that’s the whole engine. it compounds, no news cycle to run out of. but it all rides on the producer continuing to give a shit. need to constantly one-up attention. and with GOAT the producer is software, which maybe means that risk goes away entirely.
inherited attention. doge, pepe. free distribution forever, nobody at the wheel. you can’t steer it and you can’t kill it.
reflexive attention. SPX6900, MOG, WIF. the holders are the meme. attention is basically price with extra steps at that point.
what am i missing?