Memecoins made crypto natives lazier and more short-term focused.

Previously, beating the market meant understanding innovations, predicting narratives, studying new protocols, and, crucially, really understanding tokenomics.

Now, few care to read technical threads on X anymore, so KOLs stopped writing them since engagement is abysmal.

e.g., Do YOU care to learn how Berachain PoL works? Why MegaETH is different from other L2s? Or what Ethereum Pectra upgrade brings?

Those threads are as rare as memecoin trader's profits.

Fundamentally strong tokens, too, underperform together with the market because it's true that mindshare equals price. And memecoins attract most mindshare.

Still, this short-term focus on making it in one trade backfires for many as they keep losing money on memes.

Fundamentals don't matter until they do. The narrative is already shifting to it.

I can sense it in the air.

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