Meme coins are done for; fundamentals lead the recovery
Akash Network - Decentralized Cloud Built for AI's Next Frontier (DePIN Connection)
“Memes being pure speculation, I think they’re done for. It’s going to be very hard to convince retail to go buy memes again… because this is very extractive behavior by a lot of these people.” — 01:10:39
Context: Closing market-cycle take during a downturn; adds at [01:11:21] that when recovery comes “it’s going to be almost fundamentals that’s going to drive the initial run-up, and then the greed eventually follows,” with DePIN best positioned for institutional money.