Playing with counterfeit currencies, here are a few points:
1. Is there capital involved, and is the capital working together;
2. What is the market value, what is the circulating market value, is there room for growth;
3. Is there any hype;
4. Is there potential.
The most popular recent event is the U.S. elections; currencies related to the elections have basically skyrocketed (maga doge, etc.), while others remain relatively low, capturing the hype. Puffer: 1. Friends are supporting it, 2. The market value is low enough, 3. It is indeed a narrative currency with potential, even though it was born in the Ethereum ecosystem, Ethereum is only weak, not dead yet.
