00:00:00
GameStop, AMC, you would think that at
00:00:02
some point the fundamentals that are
00:00:03
going to anchor the price of a stock
00:00:04
with memecoins, it's not obvious what
00:00:06
that anchor is. I think they really lean
00:00:08
on sort of similar drivers for users,
00:00:11
right? This sort of sense of community,
00:00:13
shared narrative in some cases, this
00:00:15
idea that they are collectively
00:00:17
rebelling against traditional powers.
00:00:20
And I think that's very important to
00:00:21
note as well, and we see this elsewhere.
00:00:23
It's a great appetite for gambling,
00:00:25
right? So this this unsatiated almost
00:00:28
appetite for gambling.
