@hanni_abu@jessepollak I’ve said this for years. Memecoins and NFTs are digital slop and have no intrinsic value. Like a mobile game loot box. People spend $150b a year on mobile gaming.
Fundamental value is external and independent of buys or sells. The buys and sells are price discovery to figure out fundamental value. If these coins have any fundamental value then creators dumping them would be good for retail because presumably retail would be able to buy them below the fundamental price.