After thinking about it for 2 days, it seems inevitable that the ICM meta will stay. While it still lacks the novelty for me like what I saw for $goat during the Turing test, there is enough skepticism on whether the idea works out (fees/tokenomics/sustainability-wise). Coupled with skepticism are the willingness for the current builders to further iterate and improve on current weaknesses which is an important factor that was also reflected in the AI meta. Which leads me to think that the meta stays. The leader $launchcoin is pretty clear whereas the apps for me, not so much. Current apps are still a bit lame for me, just a lot of copycat ideas (reminds me of the yapping agents before the useful ones eventually came out). It could be worth waiting for the better apps in this case. Also like what we saw for AI, other infras eventually came out to compete with virtuals which was the leader, such as ai16z, arc, zerebro. To me it means that looking for better iterations of launchpads for ICM is worth a shot. Picking $buidl for this because vibe coding is very trendy irl now, and perhaps better encompasses the idea of ICM since anybody can create their ICM and not just prev web 2 founders. I also think that it is still worthwhile to find the fartcoin of this meta, a meme that encompasses the absurdity, controversial but I choose $startup. There’s others like Gooncoin and unicorn which are worth a look too, tbh not much to reason for this, I can resonate with the product is the market cap thesis. It depends if you think it makes sense as well. What are your picks for ICM? Perhaps this is all a fad and I just delete everything hahaha
been a chaotic week, onchain especially. good to take the time to evaluate this meta and see which coins are deserving to stay. feel free to shill bags
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