when your portfolio surging and crashing and hoes hoeing, oh and you driving

Many confused markets unable to decide how to intepret the news

state of web3

Or…

More like state of Ethereum.

ETH-MAGA dumps hard

SOL-MAGA surges

Coincidence?

Well, hard not to notice many of the top Ethereum-focused projects having gone super woke with sex and race quotas (eg GitTips),

or getting super woke founders (e.g. Uniswap)

or doing increasingly woke-agenda things and using woke justifications (e.g. the switch to PoS)

Perhaps shouldn’t be a surprise, since so many of today’s major Ethereum organizations were selected by VCs in the 2017-2020 era, and the VCs pushed wokeness hard at every level.

Now that crypto VC is relatively dead, and memecoin funding on the rise, other chains won’t be facing that same level of wokeness selection pressure.

Is today’s ETH vs SOL MAGA price action a sign that Ethereum is now the woke chain?

Maybe.

Turns out this Jenner dude is far more of a scammer than we imagined

Launched 12 memecoins in the past 4 days,

putting in just $1k and then repeatedly rugging and draining for a total profit of $405k

And now he’s been caught

Absolute scammer

Jail. Men’s jail.