Quote from: Mishaofweb3 on May 03, 2025, 08:40:37 PM

A lot of young traders have this delusion that memecoins are a guaranteed ticket to victory. Truth is that for one success, there exist thousands of bagholders. A majority of memecoins pump on hype and just vanish into thin air. Extremely few actually change the existing paradigm.

But every now and then, a few of them do blow. They break through the DEXs, pick up steam, and even get listed on major exchanges, a sign that they might have real staying power. Gork is one of those interesting cases. It listed on DEXs, and there was an excellent community surge, and now it is listed one Tier-1 CEX.

Can Gork maintain a positive streak if more CEX listings emerge? Maybe. In my book, it's a 60:40 against the green side but, you know, it's crypto. Anything can go parabolic in the blink of an eye.

You are 100% right and they still decline to see this. I have no clue why, I can't really consider this to be a big deal, because if they want to lose money then it is their money to lose so I gave up long time ago to teach them how possibilities and probabilities work. It is possible to make money from memecoins, there are a thousand memecoins (mostly tokens) and only one makes money but that means it's possible.

At the same time, I can go buy a lottery ticket and it is possible for me to win 10 million dollars from that lottery, it is mathematically possible. But would you say it is probable? Do you think I will win it? Of course not, most assume we won't. And yet, memecoins get a lot more money and that is why they are not understanding the difference between the two.