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I don’t know, man. I feel like this is too simple a reason to have confidence in. I thought you’d be looking at it from more of a “yeah, memecoins are great, but those big boys know they have no utility, and so will take the bags from the memecoin gains to lock into altcoin projects which they believe will do well in the long term as longer term investments.”
In this case, it becomes, “yeah, alt season will come, but perhaps the dynamics has just changed in a way that it’ll be preceded by memecoin season where the big boys make more money and eventually pour some of that into alts where the rest of us are”.
RE: Why the Meme Coin Market Doesn't Mean Alts are Dead