AI is going to kill memecoins
AI is going to kill memecoins
When everyone has cracked AI agents cooking on their behalf, the overall market alpha is going to shrink.
Then what? You pay more money to develop or ‘buy’ better AI agents until it’s out of your price range.
Whose price range is it in? The hedge funds and big boy money managers, just like in web2.
With hedge funds and ‘insiders’ taking most of the alpha in memecoins, less people will be incentivized to day trade, leading to the development of more stable tokens backed by utility of high-quality projects.
Edit: I’m the founder of a startup building the Spotify for Crypto Trading called avo(dot)so and we are looking for use cases in integrating memecoins trading with AI Agents, y’alls sentiment on memecoins just being crypto gambling is definitely noted in how we’ll continue to develop the product! thanks frens.
What’s annoying is, these people that are heavily invested in Memecoins exclusively with 0 actual crypto knowledge will simply leave the space entirely once they get burned, instead of putting their money into sane/ real projects