狗哥 #hooksummer|Nov 10, 2025 11:20
'The value of shitcoins is zero' perfectly explains the concept of 'natural selection' under the increasingly low-cost and easy methods of issuing new assets, from ICOs, DeFi, inscriptions, to pump-and-dump memes.
ICO: Crowdfunding + token sales, difficulty of issuance: Medium
DeFi: AMM + incentive protocols, difficulty of issuance: Low
Inscriptions: Data on-chain, difficulty of issuance: Extremely low
Pump: Bonding curve + DEX, difficulty of issuance: Super low, anyone can do it with just a little bit of funding.
It's crazy how making money now feels like hell mode. The golden days are gone for good.
The good times are over.
Stay low-key and grow steadily, don’t lose it all.
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