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jbg|Feb 11, 2025 23:42
This cycle is a big pile of $fecal
Too much saturation. No one holds.
Case in point:
In the middle of the bear, two Congress inspired coins launched in 2023 - MONG and BROS. MONG hit abt 150 mill mc, BROS spiked to 50 million.. settling in at around 10-15 mill, I believe.
Fast forward to the "bull run" and the next Congress-inspired token (with the best ticker name of all of them), and here's your $fecal chart.
A big pile of fecal.
Barrier to entry to launch coins is zero with the pumpfuns of the world.. completely changed, or ruined depending on how you look at it, the space.
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