2026-01-07 00:37:27

The Memecoin craze has hit a wall. Everyone's eyeing the 'dev' badge now—launch your own project, bet on yourself, right? Sounds good until you realize the brutal math underneath. Liquidity's drying up faster than anyone expected. Market makers pulled back, retail's gotten smarter about chasing the next moonshot, and suddenly jumping into random plays looks like negative expected value. So what do people do? They figure, if the odds are against playing, might as well flip the script and start their own coin instead. Lower barrier to entry, right? Wrong move. This logic created a perfect storm—too many projects competing for the same scarce liquidity and attention. The ecosystem got stratified overnight. More coins launched doesn't mean more winners; it just means more dilution, more rug-pull risks, and more retail getting liquidated. The supply of quality projects crashed while quantity exploded. Classic tragedy of the commons in crypto form.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

ApeShotFirst

· 13h ago

Damn, launching a coin now is easier than playing, but it's all just a scam to cut leeks.

View OriginalReply0

PrivacyMaximalist

· 01-07 01:04

It's so ironic, everyone wants to be a dev but it all turns into a harvest machine for chives. --- The liquidity exhaustion was obvious long ago; why only react now? --- Instead of launching trash coins, learn some real skills. You won't just lose money but also time. --- Quality declines while quantity explodes—that's the tragedy of the commons. Nothing new. --- Everyone wants to turn things around but ends up accelerating their own demise—dead loop logic. --- Memecoin should have died long ago; it's just that no one wants to admit it. --- Low entry barriers ultimately lead to low-quality spam, everyone can see that. --- Retail investors will always be the last to step in as the rescue heroes—old routine. --- Who dares to touch dilution this severe? Where's their brain? --- I totally agree; ecosystem polarization can happen overnight.

View OriginalReply0

consensus_failure

· 01-07 01:03

Seeing through but not exposing, who still hasn't figured out this trick? A bunch of people are rushing to issue tokens, but all end up as casualties. --- Liquidity exhaustion is the real killer; no one cares what you issued. --- It's the same logic again... thinking you can't win, so you open your own trading platform. Laughable, isn't it? This just accelerates death. --- Quality collapses, quantity explodes, a typical self-destructive cycle. --- The pile of coins you hoarded has now become paper. This article really hits home. --- Low barrier = low quality, a principle that should have been understood long ago.

View OriginalReply0

FlatTax

· 01-07 00:56

This is reality. Those who fantasize that a dev badge will turn things around are in for a rude awakening. Everyone wants to launch one, but liquidity completely dries up. The ones who make money are the ones who win. There are more and more coins, but fewer and fewer profitable projects—what a irony. The hell of rug pulls is back again, and retail investors are still sleepwalking. Instead of launching trash coins, it's better to find a good project and go all in—at least you know what you're losing.

View OriginalReply0

screenshot_gains