meme coins serve one singular purpose imo
to create new pvp liquidity for a short period of time. it's just a game of chicken. greater fool theory in its finest form
everyone knows ansem's token will go to zero
but before it does there will be ppl who advocate and passionately defend it being undervalued
there will be ppl who are mad bc they missed opportunity and will screech
there will be insiders who make fortunes
there will be retards who lose all their money then blame the world
there will also be many who roundtrip all their gains bc they really believed even when they told themselves it was just a trade
i would argue that the token has already done it's job now, it went up a bit and ppl traded it. that's all it needed to do, now it's up to others to figure out when it inevitably goes to zero
this is always the way. i don't like how ansem operates and i am absolutely not interested in his token
but there is no crying in the casino. of course there are insiders, of course there are extractors, of course ppl will lose and make a lot of money, of course he'll stop caring at some point
this is none of my concern, i am at peace with missing opportunity. i miss it every day, that's how blessed i am. we are that close to opportunity every day, how amazing is that?
often times i have fear of participating more than fear of missing out, and this is one of those times
glhf bros. try not to lose money on things you would hate yourself on if it goes down, especially when there are many coins that will be trading a lot higher than they currently are
ily