Oddbean new post about login | logout Nothing against meme coins — they’re fun and showcase the power of community-driven innovation. But I believe stronger narratives will emerge. Maybe I’m missing something, but I get cautious when there’s consensus and complacency about the future of a market. What do you think? https://upload.wikimedia.org/wikipedia/en/thumb/5/5f/Original_Doge_meme.jpg/220px-Original_Doge_meme.jpg
agree that meme coins are fun but the herd have largely focused the majority of their portfolio on that category. those who do not manage their risk will have the market manage it for them. believe the next narrative that is largely undervalued is art on bitcoin (non-PFP), but you already know this :)
