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Only these 3 things can spawn billion dollar memecoins:
- Helicopter Money
- Bitcoin Reserve w/ active TWAP
- Bitcoin ATHs
Until then, every meta will die in the first 72 hours.
No narrative can create new liquidity. It's literally all about liquidity.
The other problem is that the more these 3-day long narratives appear, less people will participate in them.
They've become conditioned to the low lifespan of the onchain runners and simply refuse to buy any of them - and they'll be right.