The comprehensive $Giga chad thread🧵
If you have the mental fortitude to read this, it will change your life
Let’s begin
Let’s first understand what makes a meme…
Internet usage skyrocketed in the early 2000s, companies quickly began to understand the importance of network effects
and social media was born
With the rise of the internet came “memes”.
They were silly and people began to share them with their friends.
1 share, turns into 2 shares, which turns into 4 shares, which turns into 8 shares etc.
Suddenly a meme is “viral”
Early on people didn’t quite grasp what these silly “memes” were.
People mistakenly believed memes went viral because they were funny.
While partially true, the reason “memes” would go viral is because everybody could RELATE
relatability = sharing = network effect = virality
Back to meme coins
The reason $DOGE and $PEPE reached such high market caps was because normies knew the meme.
You can’t buy something, you don’t know about
In a normie’s mind, Doge is a real meme and therefore a meme coin
Sorry $MYRO, but uber drivers have never heard of you
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