2026-04-09 23:45:44

Why I think memecoins burned out:

- one click deployment (no liquidity needed)
Easily the biggest reason. When thousands of new memes are launched per day, attention is split very thin
Attention is the most valuable currency
Attention is what helped Dogecoin rally over 70 cents in 2021, back when not many new memes were launching often
Fast forward to 2023/2024 and there were 10s of thousands, if not over 100k memes launching weekly
The market got burned out

DOGE1.11%

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