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About MemeCore to me story
The more I look at Memecore, the less I think this is a story about fundamentals.
Because if we use the same checklist people apply to most crypto projects, the numbers don't seem to add up.
Less than a year old.
A relatively small ecosystem.
A handful of native projects.
No massive developer army.
No breakthrough technology narrative.
Yet somehow it sits above a long list of established L1s and L2s in market capitalization.
That's the part people keep trying to explain.
Maybe the real lesson isn't about Memecore at all.
Maybe it's about the market.
Crypto has always been a game of attention before it becomes a game of cash flow.
A chain can have the best technology in the world and still struggle to attract users.
A community can capture enough attention to become a multi-billion-dollar asset.
Memecore may not fit the traditional valuation framework.
But perhaps the market is telling us that the framework itself is changing.
The biggest opportunities often appear irrational right before they become obvious.
#MemeCore #MemeX