This is something that I've been trying to say for a while now, glad that more and more people are agreeing with me on this. There's no definitive "best cryptocurrency out there" every single one of those that has solid support and feature caters to those who think they are something worthwhile investing, and nobody should clown anyone about investing or not investing in a particular coin. I see this all the time with bitcoin maximalists too, people who thinks everyone should just dump their coins to the sewer and buy more bitcoin, not thinking that if that would happen the whole industry will collapse in on itself like a dying star.
I think we should all be more accepting and open when it comes to investing cryptocurrencies, to me, everyone on top of the hot charts even if it's a memecoin, deserves praise and support regardless if you're into that kind of thing or not. Let's not be maximalists here people.
I think people should believe, as I do, that
the market will be 10x bigger than it is today in ten years. That means the market will grow from $1.5T to... $15T.
In order to get to this level, which would require virtually every developed-world consumer to be involved in memecoins, there will need to be some new thinking, and the old ways aren't always going to work for a lot of those new users. Some in this community will evolve their thinking, and... some won't (although and it's not like Bitcoin is going anywhere, and it will grow too).
The most common issue people have with memecoins is that there has been a lot of failure and fraud in this business. That's a huge problem, but it needs to be challenged head-on. Consumers want
safety most of all: they want to be able to invest in a memecoin and not worry about getting ripped off, or the market being manipulated unfairly.
And while Bitcoin and crypto started in the "grey" world of cyberpunks and (sorry) quasi-criminals, average consumers are
repelled by this kind of thing. In other words, old-school hard-cores from the community will say, "do your research or you'll get ripped off", but average consumers don't have time for that, and they just want to click on an app and bet on their favorite meme without worrying about fraud. That's going to require a different mindset than the Bitcoin community is used to.
But the first step here is to realize
this is not a zero-sum game. The growth of memecoins will
increase the adoption of Bitcoin, not shrink it.