This thread literally explains well about memecoin's changed role and position.
Even though it might be little bit offensive to those hate memecoins, the content and core thesis this thread has really fits well with my thoughts.
https://x.com/yashhsm/status/1790055210942976420
Living in the Memecoin World, here's my gud coin check list
Bullish
- Active on Twitter
- Community creates 2nd hand memes voluntarily
- Buliding some real products based on its coin
Bearish
- Too offensive memes
- mkt cap smaller than 10m (too risky for me)
- hype on twitter fades away after first dump
Over Labor Day, I cleared my head and organized my thoughts.
Conclusion is that; you don't need to worry about nowadays' dip unless you are going to leave the scene.
Why are you hesitating while you are going to never leave this industry?
Chance to lower your avg. price. Buy the dip. Stay bullish.