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DoomPosting
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Degens Deteriorating
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Current market hotness

= Neutral

= Not so great for new launches

Probably don’t even bother buying newly-launched coins, when the market is in these “neutral” or worse conditions,

If you’re 100x hunting

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$SEEK vs $DeepSeek is interesting

$SEEK was a much older, rather sus coin that barely broke $5k market cap for the first week after it was launched, before blowing up, and then yesterday crashing down

$DeepSeek was just launched today, after $SEEK collapsed

Strange thing is that you’d expect usually derivatives, especially derivatives of a very recent coin — to not do so well

Especially a derivative coin that’s launched the NEXT DAY after the coin it copied just crashed down hard

But that’s exactly what $DeepSeek did

Unusual

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Out of the “greed” times at the moment

…but soon they’ll be back, and when they come back it tends to happen fast

IMO:

+ Non-greed times = Utility & building-oriented investments

+ Greed times = Meme-oriented investments

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People have all kinds of theories as for why individual memecoins are dropping

…bro, it’s the macro

at the moment

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