X @wale.moca 🐳

It's funny that the same people who were 100% sure that the NFT bull run of 2021/22 won't happen again (which they were right about) are now 100% sure that the memecoin trenches will come back.They're not.Similar to the late NFT cycle, we saw mass extraction (at an even greater level) in late 2024 and early 2025, massively inflated valuations, and new entrants getting destroyed.I think the vast majority of people are simply disillusioned by now.The only people still clinging to the narrative are those who h ...