Press f to lay respecfs meta meme9/14/2023 ![]() ![]() In a sense it was the first 2nd-wave wholesome meme*. The humor was entirely "haha what a cute amusing frog". It never got subverted like pepe or trash dove and never gained any actual meaning beyond its literal representation. By comparison the first (albeit small) jump in searches for "whole some memes" started end of June and spiked starting on July.ĭat boi was a very basic, cutesy meme that had an almost entirely positive body of work centered around it. Random Thought: Dat Boi could be considered a catalyst of the 2nd-wave "wholesome memes" trend*.ĭat boi spiked ~May 10 of last year and ended the rapid drop-off end of June. (2017) "Dat Boi was the first meme of the 2nd Wave of Wholesome Memes" There's also a lot of additional discussions in the /tpmg/ threads linked within each section from when each thread was initially created. I'll offer some commentary in the replies below, as a way to review and revisit the discussions from the past 5 years. He requested some examples of discussions around this idea, so I went and found some from /tpmg/ (our private discussion group attached to the The Philosopher's Meme). The first time we chatted on his stream, I mentioned that wholesome memes are a paradigmatic case of post-irony. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.Since last year, and I have met to chat about the layers of irony several times. When our analyst team has a stock tip, it can pay to listen. By sticking to cryptocurrencies with more real-world utility and competitive advantages, you're far more likely to see positive returns over time. For example, Polygon and Solana have carved out unique niches, and while they do carry more risk than their behemoth counterparts, they also have more room for growth.ĭogecoin's explosive growth made it an intriguing investment, but there are plenty of better options out there. If you're willing to take on more risk for the chance of potentially higher returns, there are plenty of smaller cryptocurrencies with distinct advantages. These juggernauts combined make up roughly two-thirds of the value of all cryptocurrencies.īitcoin is far and away the leader in the payment coin space, and many investors are also using it as a store of value - calling it a form of "digital gold." Meanwhile, Ethereum is the most popular platform for decentralized applications ranging from NFT marketplaces to the metaverse to DeFi. Perhaps the two safest options are Bitcoin and Ethereum. But there are far safer cryptocurrencies out there to bet on than Dogecoin. There are no guarantees that any of them will pan out as investments over time. Where should you invest instead?Īgain, cryptocurrencies in general are still speculative assets. But trendy investments like meme coins are incredibly risky, and you're far more likely to lose money buying them than you are to get rich - let alone reach millionaire status. After all, the crypto industry is wildly unpredictable, and everything is still speculative right now. This doesn't necessarily mean Dogecoin is doomed to fail. While that can make for exciting short-term potential if Dogecoin's fans are able to drive up its price as they did in 2021, it's not a sustainable long-term investment. The crypto's biggest advantage, then, is its community. ![]() ![]() And while it can be used as a form of payment, very few merchants accept Dogecoin. It also doesn't derive value from another asset as a stablecoin does. Unlike tokens that feature smart contract platforms like Ethereum or Solana, Dogecoin doesn't add value to any financial system. ![]() While that's not a unique story in the crypto space ( Solana, for example, is currently down by more than 94% from its high), Dogecoin may not have what it takes for a rebound. Dogecoin's price has fallen by nearly 90% from its mid-2021 peak. ![]()
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