I've spent a lot of time thinking about the evolution of memecoins I put together a high-level framework that has helped me become a more profitable trader - and I think it can help you too At first, I was so pissed that Jupiter, Bonk, Pump, etc were buying/supporting memes Then I realized - memecoin launchpads are evolving into incubators It's not about daily launches, graduations, etc It's about how you can have the BIGGEST runners on your launchpad as possible A memecoin previously had a very difficult path - launch, pay KOLs or go organic & grow over time, and pay CEXs to list you or hope you're loud enough that they do Very fragmented, and the time between milestones k*lled a lot of communities with potential With this new model, now you have more achievable milestones: 1. Break xx holders, $1m market cap, etc 2. Get reply from Bonkguy or Alon 3. Receive a "trending" article on Pump Fun or Bonk 4. Launchpad buys your coin 5. etc With memecoins, the hardest part is "crossing the chasm" What these launchpads are doing is helping you cross it The mid curvers are selling when the launchpad buys We're seeing "institutional bids" come in for ETH and BTC This is the similar thing for these memecoins at a smaller scale - they'll buy and provide a floor for these memes - and allow them to continue scaling distribution
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