Brian

I don’t know who needs to hear this, but anytime a “KOL” says they were early and all of the KOLs hop on the bandwagon and say they were early as well, most are lying. It’s impossible for all of them to be early and buy into a low market cap token. As buys come in, the market cap rises. The lower the liquidity is, the quicker the market cap rises. If somehow they all bought in “early,” then they were given tokens to promote and they don’t disclose it. They want to feel relevant so you follow them in order to “catch” their next play as they dump on you. Don’t listen to these individuals who don’t know which way is up and only care about grifting to gain followers and exit liquidity.

Based on CoinGecko’s data of market caps, the overall memecoin token marketcap is under $80 billion. The current overall market cap of crypto is just under $4 trillion. That means the memecoin market cap accounts for roughly 2% of the overall cryptocurrency market cap. Stop listening to the KOLs that tell you how to invest. They have a stake in the memecoins they’re telling you to buy into and then move onto the next one while you continue to hold the previous one. That sounds easy enough to understand, but they act as though memecoins make or break crypto. In fact, their calls don’t do anything for the overall success of crypto. They are not the ones who dictate the direction of crypto, but use their followers as leverage of such things. Think for yourself and don’t follow those who simply get lucky. It’s either insider information or they got lucky from being a degen, like most of Web3. Following their advice would be like asking someone their advice on how to win the lottery or a jackpot at the slots in the casino. The answer: put in money and hope for the best. I’ve been in crypto for several cycles and every bull run has different influencers or “KOLs.” They will do and say anything to remain relevant. This is their 15 minutes of fame. Reference the source from CoinGecko to see the memecoin market cap based on their site. Sources: coingecko.com/en/categories/… coincodex.com/cryptocurrenci…

It’s amazing how people are now coming out of nowhere saying they “called” $yzy. Don’t listen to these grifters and liquidity extractors. It’s the same playbook and “KOL’s” wanting to be in the spotlight. Even a broken clock is right twice a day. Post enough, one “call” is going to make it. It doesn’t make you special. I could post every token launched after liquidity was added, it doesn’t mean I knew something others didn’t. If you’re a “KOL” please enlighten me on your credentials and what makes your opinion more credible than others who understand crypto. We need to get out of the KOL trap, making it seem like they’re needed within crypto. Crypto was here before KOLs and will be here long after they’re gone. For the KOLs this cycle, enjoy it. Every cycle has a new “cabal” and “Key Opinion Leader aka influencer. You’d understand the turnover rate if you actually have been around long enough to understand the crypto cycles. I’ve seen a very small amount of KOLs that are credible. If you’re offended by this statement, the this post is directed towards you.

Make sure to set your reminders now! Last year it was a lot of fun doing the countdown coast-to-coast in the US!

Oh good. Now when I say I’m in crypto and a virgin, they will just think of the cruise line

You know it 🫡

Searching can be exhausting 🙌

I would agree, yes.

I saw him somewhere...