The biggest issue in the trenches right now is that everyone either became a “dev” or wants to be one

The whole “$100K topper” narrative does nothing but drain what little liquidity is left

We’re just moving money from one pocket to another

This is exactly why more established, T1-listed memecoins have been pumping lately

When lower cap liquidity dries up, capital naturally rotates into names that feel safer and more durable

As long as the trenches stay like this, high caps will continue to outperform

Endless micro plays, everyone launching coins, and no new money is simply negative EV