source avatarGraeme

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Many forget but back in the 2023 bear market an entire memecoin bubble went crazy on ETH led by $pepe. Everything that happened on Solana and for the rest of the cycle started from these origins. Now its the 2026 bear - Solana, Robinhood, and now Base are competing for mindshare liquidity through the very same meme vessel. You can fight the memes, but it won't stop them from attracting liquidity. Coinbase just went all in to compete. Their hands were forced.

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