RE: The crypto market "oversaturation" analyses are skewed, and here is why.
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Memecoins are essentially gambling now. I agree that people will get burned by it and eventually stop memecoins by either leaving crypto or focusing on the top cryptos such as BTC.
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Indeed, I wonder why we can't just see memes for what they are. They shouldn't be considered as alt coins to be very honest. I guess people will need a cycle or two to understand