Pump.fun memecoins are dying at record rates, less than 1% survive
Discussion
Liquidity is being reallocated to projects with sound fundamentals.
Same is happening to businesses, no more woke, DEI, ESG, Pride Month/Black History Month, Trans Beer, etc. since all the extra money, and easy credit is beginning to dry up, companies have to stick to sound practices, and attract their core consumer base who will keep the lights on.
Now the currently unemployed wokies might earn millions of dollars from making ads, and programming but they're the first one cut from the budget since the conservative line worker earning $12/hour is who's actually making the company money.
Fun 🤙🤦♂️