Twitter DeFi KOL 2Lambroz.eth believes that meme coins are like NFTs, 90% of which will die, and only a few outstanding ones will survive, such as Pudgy Penguins.
(Selling dolls and water, NFT authorized products Pudgy Penguins and Ape Water enter the retail industry)
He said this is because most meme coin teams are harmful and will continue to manipulate the market and exit, draining liquidity from the meme market, and retail investors will slowly get tired of losing money.
Things like celebrity meme coins and meme distribution platform Pump Fun are cool, but they're basically the free-minting, fun-to-own phase of meme coins.
(“Celebrity meme coins, get out!” Crypto community reactions to celebrity meme coins vary widely)
2Lambroz believes that meme coins are funny and speculative, but the stimulation of dopamine cannot make up for the long-term negative profits and losses.
There are some top meme traders, but overall this is a PvP game where most average retail traders will lose money and leave.
2Lambroz stated that he will continue to speculate on meme coins, but we need to remember that this is just a trend and not get caught up in it. Meme coins aren’t going to change the world, or venture capital, etc., it’s just a narrative.
This article Community opinion: Meme coins will gradually disappear and will not change venture capital. First appeared on Chain News ABMedia.