Betting on Betting
Some see memecoins as nothing more than gamified, unregulated, on-chain betting. It’s no secret that memecoins have been the driving factor behind Solana’s success over the past year or so. First with community-driven coins like $BONK, then with more absurd things like $WIF, and finally collapsing the narrative under its own weight with $TRUMP, $MELANIA, and $LIBRA. At least on the attention and mindshare side of things, owning $SOL gives you exposure to the casino. This isn’t ...