This is pure fallacy. How can a continuous pump and dumps be the future of crypto. It's one of the mistakes crypto enthusiasts make. No use case; i mean what am I investing for. Memecoins are crossed finger investment I feel be should barred, it's creating a big distraction in the crypto industry
This is something we have to make peace with if we want to create permissionless architecture.
Permissionless infrastructure means we don't have the power to ban anything.
We have to build products that take away the attention from this garbage.
Yes we have to build, yet when building with so many distractions around it's difficult. I mean, how many people enter the cryptoverse and focus on utility? Few. Everyone is getting a run for the pumps.