Ignas | DeFi Research

Ignas | DeFi Research

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Ignas | DeFi Research
Token Printing: What's Next? From Community Tokens to Public-Private Sales
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Token Printing: What's Next? From Community Tokens to Public-Private Sales

New token trends and the evolution of crypto money printing

Ignas | DeFi Research's avatar
Ignas | DeFi Research
Oct 02, 2024
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Ignas | DeFi Research
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Token Printing: What's Next? From Community Tokens to Public-Private Sales
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I’ve started to like memecoins and even bought MOODENG.

The FOMO got to me. My default expectation is that the price will go to $0, but I don’t want to miss out if it becomes the next Doge. I want to be part of the success story. Part of that bullish community.

Indeed, buying memecoins, more than other utility tokens, comes from an inherent need to belong, to be part of a story, and to join a community that shares the optimism of “making it”.

You see, this optimism and bullishness is hard to find in other crypto sectors.

Ethereans expect just a 3x to 4x pump for ETH this cycle, with BTC possibly doing the same. SOL might reach $1,000. For low-float, high FDV tokens, the general sentiment is quite grim.

Image

It also goes against my promise to myself not to trade memecoins. I won't buy most of those shilled on my X feed, but I'll take my chances on a few that I believe could take off.

I changed my mind because my top rule in crypto is to stay open-minded and try new things. Being a maximalist yo…

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