memecoins taught me a lot the number one benefit of memecoins was that it was a miniature version of the larger market and you could more easily recognise patterns that occur in other markets that are too difficult to recognise due to their size example: memecoins made you recognise the effect of whales. bitcoin, eth, etc all have large whales that have a disproportionally large impact on the price, but it's hard to tell bc the market is so large. nillion was just murdered by a single whale market maker for example. with memecoins, a single whale could kill the project and everyone knew it which made me more aware of the power of whales in other markes. often, the sentiment of whales is more relevant than macro example 2: memecoins demonstrated the disproportional power of being early. if you sniped the memecoin in the first block of any semi successful memecoin, you were basically rich. and those that are late always got dumped on this is one of the most important lessons in crypto: being early is the safest way to get rich. and being late is the safest way to get dumped on. that's why i hardly support low float high fdv projects like monad any longer. the vcs are up so much that they will just non stop dump out of their 20 - 100x position. no vc will try to chase the 500x, they will just sell and move on, which is why it's near impossible for a vc chain to do well being early is the only edge that still works in crypto