As launchpads try to pump coins to get attention back, they will fail miserably.
2 situations will occur…
1. launchpad pumps $$$ into coin, nobody owns coin -> nobody cares -> launch pad needs money back and sells what they used to pump -> coin nukes
2. launchpad pumps $$$ into coin -> traders own coin -> sell into pump -> launchpad loses money and never does it again
Too many people on CT think the value of meme coins is "number go up".
The product is NOT the market cap, the product is community.
Number go up is a by-product of strong community.
Community is the moat.
$GIGA
THERE IS A REASON WHY BONK AND ALON HAVE ONLY CRIMED ONE COIN ON THEIR RESPECTIVE ECOSYSTEMS
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