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21 sats \ 0 replies \ @freebookspls 28 May 2024 \ on: Memecoins outperform Bitcoin: Is the spotlight shifting? bitcoin
That's normal.
Memecoins are more volatile because they survive exclusively on hype. When the hype dies down, the price goes down. This outperformance can't last because there is no good reason to choose memecoins over bitcoin in the long run.