The MEME super-cycle. 🧵 An informative thread about what this means, how it affects this space and the future looks like 👇

13/ The MEMEs are here to stay and they are here to grow. We are here to make sure that this phenomena gets nurtured with balance, care and fairness in the best possible conditions. Choose culture, choose connection, choose Launchpoint.

12/ Last but not least, if we look at the past cycles we see that these types of movements such as cryptopunks or DOGE coin have been worn as a symbol of pride and decentralization - core values that define the very nature of crypto.

11/ This is a very important key point that actually transcends the physical boundaries and deep dive into human emotion and connection. Perhaps the most important key factor;

10/ Retail is a pillar without which the crypto market cannot be sustained, however retail cares very little about technology and more about culture and community, the shared sentiment of belonging;

9/ There is a collective, historically proven, consensus that MEMEs can indeed reach very high market caps and valuations take for example SHIB DOGE WIF and PEPE;

8/ So, memes go through the market discovery phase, they don't have upcoming unlocks that dilute the market even further and are fully in circulation. There a few other reasons but we think these are the most important to note;

7/ A third important reason is the abundance of speculation. The majority of dApps have a speculative nature or utility with few exceptions - sniper tools which are used for, you guessed it: memes, and exchanges;

6/ As a result, there is no market discovery phase and this ultimately leads to retail being the exit liquidity. This is a predatory illusion that the retail falls into: Seed investors hold tokens at a fraction of the retail price, which causes huge initial dumps and traps for

5/ Another reason is the low artificial low FDV or ghost market valuation, at which VCs, Angel investors and other seed investors get to purchase these tokens before they even hit the market;

4/ Well this has been talked about a lot lately, this shift is happening because of a massive supply overflow (a lot of new tokens are being produced at an alarming rate with no new liquidity to support it) which causes liquidity dispersion;

3/ This leads to liquidity dispersion, artificial floating valuations, and a predatory cycle where retail becomes exit liquidity for VCs and seed investors. Second, there’s no real market discovery phase for most new tokens;

2/ BTC dominance is proof: fewer than 50 coins are outperforming BTC YTD, and the top performers? MEMES. Why is this happening? First, the crypto market is flooded with new tokens, without significant new liquidity to sustain them;

1/ We are witnessing the dawn of a new cycle – the MEME movement. The days of all crypto assets rising together are gone, and it’s time for a natural evolution;

Are you ready for Uptober ✌️ We sure are. Nostalgia really hits hard when the markets are green and the sun is up. It's time to play some games, no cheat codes this time👀

September is nearly over and uncertainty still lingers in the market. Why live in the fear of the unknown when you can have some fun with us? Its all a fair game. Coming soon.

Gm Anons, We're all navigating through stormy waters but not even Poseidon himself can stop what's coming. Reject the markets Embrace Launchpoint Stay tuned.

Happy international doggo day! Yup, its an official celebratory day for our most loyal frens and we wish you all the treats in the world ❤️

Happy Sunday legends, manifesting some top pumps this upcoming week 💪

Be ready to bust your nuts to hit the highest bar, be ready for the MEMELYMPICS