When a pure degen turns into a Founder to make a movement. 🔥Living on the Internet (LOTI) V1🔥 Medium article:  link.medium.com/z5SFceYvkwb

Now I'm understanding why mfers have a 20second hold time. Like what is even this Haven't gone on pump in ages 🤣

I finally got home yesterday, and today I spent some time just sitting here thinking about what really went wrong with the market we all used to love. I get it. Markets evolve, environments change, and the way memecoins are traded today is completely different from what it used to be. I'm not against change, but I think I've finally narrowed it down to two things that really fucked up this ecosystem. Attention became everything, and deployers got lazy. Remember when teams would actually put some thought into launching a memecoin? They'd come up with an original idea, build a website, create a Twitter account, work on the branding, and genuinely try to figure out how to capture market share within the ecosystem. There was actual effort behind making something people wanted to be part of. And if you managed to get enough eyes on it, your chart would get absolutely slammed with buys. Now look at what we've become. A deployer wakes up, scrolls Twitter, finds some random narrative that might resonate with people, spins up a coin, bundles 20-30% of the supply, and attaches a tweet to the launch. Maybe they'll tag the original post. Maybe they'll use a second anonymous account to tweet something like "Holy shit, look what I just found" or "This could actually be the next runner." Pay for DEX, attach the tweet, and congratulations, you've officially launched your memecoin. That's it. That's the entire fucking business model now. And here's where I think things really went wrong. Why would a deployer spend weeks building something when they can launch 10-15 coins a day, bundle the supply, and make more money doing a fraction of the work? Some get traction, most don't. Doesn't matter. Move on to the next one. Rinse and repeat. The worst part is that this became the norm. New deployers enter the ecosystem, look at what's working, and copy the exact same playbook. Nobody wants to put in the effort anymore because the market has shown them they don't have to. So now we're sitting in a giant cesspool of D+ memes, recycled narratives, fake discovery tweets, and bundled supply, with everyone wondering why nothing has the same staying power it used to. And I think that's what bothers me the most. We used to trade memes that were trying to become something. Now we're trading launches that were designed to be sold. I'm not saying every coin back then was some masterpiece or that the old market didn't have its own bullshit. Of course it did. But at least there was an incentive to build something that people might actually care about tomorrow. Today, the incentive is to extract as much as possible before tomorrow even comes. I don't think people necessarily stopped loving memecoins. I think the people making them stopped giving us a reason to. And until that changes, I don't know how we get that old feeling back. Curious if anyone who's been around long enough sees it differently, because the more I think about it, the more I believe we didn't lose the culture overnight. We slowly rewarded the people who were killing it.

Discuss

And mfers are still trying to shill you a shitcoin right now 🤣

Hey @morluto all jokes aside, no coincidence internet is falling apart after REA came out…

"Bro Kimchi is on Pumpfun" Meanwhile 80% of the internet...

The market isn't officially back until $UFD is sitting at $100M+. I don't make the rules. Just passing along what my quant told me.

I guess ima be the next plátano

Cool story bro, but where is the pumpfun airdrop...

The Apprentice PTSD

Serious question, what is enough X's for you on a memecoin?

not selling till 1 $BTC

There was a time when I'd wake up every single day genuinely excited to turn on my PC and jump into the trenches. Not even because I was looking to make money. I just wanted to see what was new, what people were talking about, what kind of crazy shit was happening on the internet that could turn into the next big thing. That was always the beauty of this market to me. You never knew what the next day would bring or what door might open. Some random meme, some ridiculous narrative, some guy with $500 and a dream. Anything was possible. People have asked me for years why I'm still here after everything I've made and experienced in crypto. The answer was always pretty simple. I genuinely fucking loved it. I've been retired for years, just chilling, and this was my hobby. Some people wake up and play golf. I wake up and stare at four monitors watching internet money and a bunch of degens gamble on pictures of animals. And somehow, I loved every second of it. But recently, for the first time in a very long time, I've noticed that feeling slowly disappearing. The trenches just don't feel the same anymore. The people controlling so much of the supply and attention in this market have completely changed the game. We're dealing with a generation of traders who have the attention span of a goldfish. Nobody wants to build anything, nobody wants to hold anything, and everybody wants to be the first one out the door. What used to make this market so fucking special was watching some random dude turn $500 or $1,000 into six or seven figures. That was the ultimate flex. Not because he was already rich, but because he saw something nobody else saw, had the balls to take the risk, and actually held through the madness. Those were the stories that made people fall in love with crypto. Now? The biggest flex is apparently throwing $100K, $200K, or even more into a memecoin and posting a screenshot. I'll see videos and entire write-ups about some trader who supposedly turned his bankroll into millions. Then you actually look at the wallets and realize the dude threw $200K into a coin, caught a 5x, and everyone is acting like they just witnessed the second coming of Warren Buffett. Don't get me wrong, making money is making money. Good for him. But when the size of your bankroll becomes more impressive to people than the actual trade, you start to realize how much the culture has changed. We went from celebrating conviction, creativity, and finding things before the rest of the world to celebrating whoever can throw the biggest bag at something and get the most attention for it. And the worst part is that the game has been figured out by the people who know how to exploit it. Bundles, supply control, coordinated attention, instant rotations. Half the time you're not even trading the meme anymore. You're gambling on whether the handful of wallets controlling the supply are going to let you make money before they decide it's time to move on. It's not even about being early to a good narrative anymore. Sometimes being early just means you're providing exit liquidity to someone who was there before you. I sit at my computer sometimes and genuinely wonder how we ever get back to the good old days. And the more I think about it, the more I realize we probably don't. Not because crypto is dead. Not because there won't be another massive cycle or another coin that does something nobody thought was possible. But because markets evolve, and not everything that made the early days special survives that evolution. More participants, more competition, more saturation, thinner margins, and an entire generation of people who have figured out how to monetize every last second of attention. I don't even know if there's anyone to blame. Maybe this is just what happens when something that started as a completely ridiculous corner of the internet becomes an industry. And maybe part of it is me getting older. I've been doing this shit since 2011. I've watched entire ecosystems come and go, watched people make fortunes overnight, watched people lose everything, and watched some of the most ridiculous things imaginable become worth billions of dollars. I've made lifelong friends, experienced things I never thought I'd experience, and have more stories from this market than I could probably tell in a lifetime. I wouldn't trade those experiences for anything. But I also don't want to become that guy who sits around every day chasing a feeling that doesn't exist anymore. For the first time in years, the thought of waking up and NOT turning on my monitors sounds kind of nice. Maybe it's getting close to that time for a new chapter. Might just buy an RV, disappear into the mountains, travel the world again, and go fuck off for a while. Who knows. It's just a strange feeling when something you've genuinely loved doing every single day for over a decade slowly starts feeling like something you don't recognize anymore. I don't think I ever got addicted to trading. I think I got addicted to the feeling that anything could happen tomorrow. And that's the part of crypto I miss the most.

Anyone else feel like the worst thing that can happen to your memecoin is @Pumpfun posting a picture of it or shilling it? It's almost like the reverse Cramer effect.