People often lump memecoins together with NFTs from last cycle, but that comparison doesn't really hold up.

Here's the thing: NFTs as a speculative asset had a moment—a pretty brief one at that. You could make a solid case they were a temporary fad that peaked and cooled down.

Memecoins? Completely different story. They've proven staying power across multiple market cycles. They're not a one-off phenomenon. The asset class has evolved, adapted, and maintained relevance through different market conditions.

The fundamentals are just not comparable. One burned bright and faded fast; the other has shown resilience and cyclical returns. Big difference.