Memecoins as a way to consume news
Publicly admiting, I dismissed memecoins before the term even existed. But I am also acknowledging the fact that the recent surge in Solana memecoin activity has undeniably contributed to the current bull market. In fact, most of my friends outside the crypto sphere are now asking me which memecoin they should invest in, highlighting the significant impact memecoins have had on the crypto landscape.
Trading and investing in memecoins will become a normalized and acceptable practice, much like betting has been for years. Just as Warren Buffet made his fortune by identifying high ROI stocks early in his career, the next Warren Buffet is likely sitting behind a laptop, building the framework and developing the playbook for investing in memecoins. By the time this playbook becomes public, he/she will have already amassed a fortune. Crypto drastically accelerates the realization cycle.
Beyond their financial implications, memecoins also serve as a reflection of current events and news. Memecoins such as BODEN or MODI are clearly signals that elections are around the corner or underway. Unless you are living under a rock! The way we consume information in the future may look very different from what we’re accustomed to today. Future is not evenly distributed.