Great News For Meme Coins As Pepe Unchained Flies Out Of The Gate
This is some very bullish news for meme coins from the Wall Street Journal– an article from late May headlined, “The Loneliness of The American Worker.” The news? “More than 40% of fully remote workers polled in a 2023 survey of working parents by Bright Horizons said they go days without leaving the house,” according to the WSJ.
That’s fantastic news for meme coins. It’s especially good news for new projects like Ethereum Layer 2 meme coin Pepe Unchained (more on why lower down).
Cryptocurrencies like Pepe Coin (PEPE), Shiba Inu (SHIB), and Dogwifhat (WIF) have attracted billions of dollars in liquidity and made there’s no telling how many new millionaires from cryptocurrency. But they sort of require investors to be off the grid already in their social lives to make the move financially into such interesting waters…
You could tell in the early days of cryptocurrency that no one with a real social life was actually into crypto. That’s why so many of the first round of blockchain multi-millionaires, the cohort that moved to Puerto Rico, Singapore, and El Salvador to save on taxes— were obsessed with Lamborghinis. These were obviously young men with high-paying tech jobs and no girlfriends.
Nowadays, with the Bitcoin ETF approved on Wall Street and hedge funds moving in on the little orange coin to the tune of billions and billions of dollars of daily trading volumes, Bitcoin is looking respectable to mainstream “normies” and meme coins are now the degenerate, toxic, super bad, rat poison squared products in retail Internet finance.
You had to be a little unhinged, somewhat cranked, sort of wacky to go in for an SEC unregulated product like Bitcoin before, but it would have made you more returns than the top
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