29.0K @katexbt big agree but also:
pepe was launched at the cusp of gensler getting booted, new "pro crypto admin" coming, and while the memory of $SHIB millionaires was still freshly imprinted in everyone's minds
the last "bear" was mostly due to macro + ftx
now its due to collective hubris https://t.co/Rbojp8Ea3D
204.3K @digitalartchick "Pepe was launched in these conditions"
No, it wasn't.
Pepe was launched when hundreds were paying attention to memes, not tens of thousands
Pepe was launched on LPs that did not have extractive fees on every swap
Pepe was launched when web3 was flush with cash from the NFT bull run
Pepe was launched when 10 other coins were launched every day, not every second
Pepe was launched well before the commercialization of memecoins, before the word "KOL" existed, before 20 year olds were constantly bombarded with doomer propaganda about how they are running out of time to make it
Pepe was launched when the crypto total marketcap consisted of maybe 5% of the coins available today
Pepe was not just a random meme that made it, it was the first popular onchain meme with fix supply and locked liquidity, to this day even after a million trillion % drawdown the main LP holds more liquid value than any other coin in all of crypto (read that again) remember Shib and Doge ran on razor thin CEX liquidity which is why t
9
1
716
42.7K @HackermanAce Live in 30 min!
42.7K @HackermanAce Well since there isnt any Power Hour today, lets do an Options Stream.
Join me at 6pm EST tonight for a session on options.
Learn how they work in crypto vs stocks, how you can trade them and where you can get good spreads & pricing to run any strategy you want. https://t.co/w5QcGkzTBw
4
1
1.0K
42.7K @HackermanAce 42.7K @HackermanAce Well since there isnt any Power Hour today, lets do an Options Stream.
Join me at 6pm EST tonight for a session on options.
Learn how they work in crypto vs stocks, how you can trade them and where you can get good spreads & pricing to run any strategy you want. https://t.co/w5QcGkzTBw
7
1
2.6K
