👀 @pumpdotfun and @solana create approximately 15,000 shitcoins daily. To date, @friendtech outpaces them by generating 25,000 shitcoins (club) every day.
If you still think friendtech is merely a socialfi product, think again; it has now become a relentless coin issuance machine.
Most people only see its downside: a subpar product with high transaction taxes. Yet why does such a poorly rated user experience continue to spur a wave of asset issuance, especially considering the lack of expected club airdrops?
It might be more accurate to attribute this bullrun not to institutional investment but rather to the proliferation of memecoins.
Perhaps FriendTech inadvertently fell in line with the main narrative: the essence of being truly permissionless, just like our vision at RogueX.
The era of VC-funded bubble schemes and Ponzi schemes is fading; the future belongs to organic community growth from the ground up.