Narrative speculation comes in waves: why a second TIA wave is likely
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Argues narrative speculation has a first hype wave and a larger second wave driven by technical innovation, using TIA as the example after it halved from its $20 pump. Expects a second wave as the Celestia ecosystem matures and modular airdrops land.
Key claims
TIA pumped to $20 then halved
Many sold TIA before expected ecosystem airdrops arrived
Second wave of innovation-led narratives is often larger than the first
Speculation on narratives comes in waves.
The first wave is led by excitement over the new shiny thing.
Study the $TIA launch as an example. Pumped to 20$ straight.
Since then, the price has halved (this was the real halving frens).
However, as @defiignas outlines below, narrative speculation based on technical innovation have a serious chance to recover after the first wave of hype subsides.
This second wave, driven by innovation around a novel technology, is often much bigger.
So are we due to see a second wave of speculation around @CelestiaOrg?
I strongly believe we are.
The first wave of excitement around the shiny new tech has passed.
In past weeks, the hype shifted elsewhere.
Now that we increasingly see an ecosystem emerge around @CelestiaOrg and as innovation around the new shiny tech thrives, the second wave is imminent.
A lot of people aped $TIA due to the expectation of airdrops.
This hasn't happened yet.
Many were quick to paper-handf their $TIA, FOMOing into the "next big thing".
Meanwhile, the modular builders have been building.
Huge launches are coming up in the @CelestiaOrg ecosystem and around it.
$TIA stakers and @CelestineSloths holders are in for a wild airdrop season.
Once the first 4- and 5-figure airdrops start landing, the hype will be mad.
Modularists with conviction will be eating well. 馃П馃Ε
QUOTING @DefiIgnas
Speculation on narratives comes in waves. The first wave is led by excitement over the new shiny thing. It usually comes from innovative technology or simple meme potential. Meme tokens is a bit like gambling: the absolute majority of memecoins that pump rarely have a second w
Speculation on narratives comes in waves. The first wave is led by excitement over the new shiny thing. It usually comes from innovative technology or simple meme potential. Meme tokens is a bit like gambling: the absolute majority of memecoins that pump rarely have a second w