I get the argument that “all shitcoins are memes” in the sense that 99% of them lack purpose or utility but… This cycle’s shitcoins are undeniably worse. Coins are now launched daily by the same group(s) of people under different pseudonyms, that go 50-99% down within a day. At least there was a semblance of effort before. Some altruistic ideal behind projects that led to some form of community and belief. I’m probably just washed but this feels like going from home cooked meals to some re-microwaved cafeteria slop