Pepe (PEPE)

it’s funny watching you guys trying to make a case for perps being a more net +ve like we all didn’t watch James Wynn run it up to a $100mill on pepe only to lose it all on perps.

Ansem's right and wrong here

Right because $PEPE running to $2B+ was a massive stimulus and changed people's imagination on how high a culture project could go

It brought back belief and real conviction

Wrong because $PEPE was in 2023, pre-Pumpfun. Before you could make a token in 60 seconds. Before devs and KOLs would craft every possible way to max extract with bundles, sniping, etc.

Any funds airdropped now (especially on $SOL) will eventually rotate back into trend coins and scam coins that go to 0 -- aka right back to the extractor's pockets

It's happening as we speak. $ANSEM ran to 9 figs and there are 50 beta plays where deployers are extracting

With that being said, I think what @blknoiz06 is doing here is a step in the right direction for invigorating traders who have been beat down for a bit

And there are cases where the airdropped funds or smart traders will make life changing money

There's an old say that applies here:

Don't hate the player, hate the game

Like Ansem predicted, I think yo

We needed a coin we all pile into tbh

“Pepe spawned in these conditions”