The crypto space has evolved rapidly over the past few years, but not all changes have been positive. In a recent candid conversation with popular crypto streamer ThreadGuy, Jupiter — Solana’s leading decentralized exchange aggregator — co-founder Meow delivered a powerful message about the current state of blockchain culture. He criticized the growing obsession with short-term gains, called for more empathy toward new participants, and emphasized that true value in crypto comes from community, not quick flips.
His remarks, made on February 13, struck a chord with viewers who’ve grown weary of market manipulation, celebrity coin launches, and empty token projects. Many praised the discussion as one of the most authentic reflections on the industry’s direction in recent memory.
The Toxic Culture of Short-Term Gains
Meow didn’t hold back when discussing today’s market atmosphere:
“It really is that bad.”
He pointed to the rampant rise of short-term speculation, where users enter the space not to build or contribute, but to “get rich quick” through meme coins or pump-and-dump schemes. With near-zero costs to launch a token on modern blockchains like Solana, the barrier to entry has collapsed — and so has quality control.
“In the past, even scam projects had to put in some effort — branding, storytelling, community management,” Meow explained. “Now? You can deploy a token in five minutes and rug pull before lunch.”
This shift has diluted trust across the ecosystem. ThreadGuy added context by comparing launching a token today to buying a cup of coffee — so cheap and easy that it no longer carries any weight or accountability. As a result, most new tokens are ignored, and investors grow increasingly skeptical of anything unfamiliar.
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Why Community Trust Is the New Moat
In this saturated environment, Meow argues that community trust has become the most valuable asset any project can build. No amount of marketing or influencer hype can replace genuine support from an engaged user base.
“Survival in this market isn’t about who launches fastest,” he said. “It’s about who builds something people actually care about — and who earns their loyalty over time.”
That means consistent communication, transparency, and delivering real utility. Projects that focus on these fundamentals are more likely to endure market cycles, attract organic growth, and resist manipulation.
ThreadGuy agreed, noting that while noise dominates headlines, the quiet builders — those focused on product and people — are the ones shaping the future of decentralized finance.
Celebrities Are Joining Crypto — Should We Welcome Them?
Another major topic was the influx of celebrities launching their own tokens — from Aiden Ross to Iggy Azalea. While many such efforts have ended in failure or accusations of exploitation, Meow urged the community to adopt a more constructive stance.
“These figures may not understand crypto at first,” he admitted, “but instead of attacking them, we should help guide them into the ecosystem.”
He believes that high-profile individuals bring attention and potential mainstream adoption — if properly onboarded. Dismissing every celebrity-backed project as a scam discourages innovation and closes doors to broader education.
However, ThreadGuy shared a telling incident that illustrates the challenges. His team was set to host a podcast with a celebrity planning to launch a token — a chance to explain their vision transparently. But days before release, the celebrity’s team leaked insider information for personal gain, forcing cancellation.
The breach damaged credibility and reignited skepticism. Still, Meow maintains that failures shouldn’t define the entire trend.
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The Strip Club Theory: Why Tokens Will Never Stop Coming
Despite concerns about oversaturation, Meow remains optimistic about crypto’s long-term trajectory. He introduced what he calls the “Strip Club Theory” — an unconventional but insightful analogy:
“People don’t need strip clubs. But as long as there’s demand, they’ll always exist.”
Applied to crypto: humans are naturally drawn to novelty, speculation, and ownership. As long as people want to create new tokens — whether for art, identity, finance, or fun — they will find a way.
And with deployment costs approaching zero, we’re entering an era of infinite experimentation. Most tokens will fail — and that’s okay.
“What matters,” Meow stressed, “is that among the noise, a few truly passionate teams will emerge. They’ll build because they care, not because they’re chasing trends.”
ThreadGuy echoed this sentiment:
“We can’t stop the flood. But we can focus on building things that last — and rewarding those who do it right.”
How to Earn $10 Million in This Bull Run: Build Real Connections
Near the end of the discussion, ThreadGuy posed a direct question:
“If someone’s just entering crypto now, how can they make $10 million in this market cycle?”
Meow’s answer was surprisingly simple:
“Build relationships. Get known. Earn trust.”
He emphasized that fortune rarely comes from random moonshots. The biggest winners in crypto aren’t gamblers — they’re connectors. People who’ve spent years cultivating networks, sharing knowledge, and supporting others.
To illustrate, Meow recounted how ThreadGuy himself once faced financial hardship. At his lowest point, Jack Butcher — artist behind Visualize Value and collaborator with Fortune 500 companies — noticed his work and launched an NFT collection to raise funds. The campaign raised $200,000, thanks entirely to community goodwill.
“That didn’t happen because of luck,” Meow said. “It happened because ThreadGuy showed up consistently, added value, and built real relationships.”
FAQ: Your Questions Answered
Q: Is it too late to enter crypto and succeed?
A: Not at all. While early adopters had advantages, new opportunities emerge constantly — especially in areas like DeFi, NFTs, and Layer 2 scaling solutions. Success today favors those who learn deeply and engage authentically.
Q: Are all celebrity coins scams?
A: No. While many lack substance or are poorly managed, some celebrities use tokens responsibly to fund creative projects or deepen fan engagement. The key is research: look for transparency, clear use cases, and ongoing development.
Q: How do I build a strong crypto network?
A: Start by participating in communities you’re passionate about — Discord servers, Twitter/X spaces, DAOs. Share insights, ask questions, and contribute value without expecting immediate returns. Over time, trust compounds.
Q: What makes a project “community-driven”?
A: True community-driven projects involve users in decision-making (e.g., via governance tokens), maintain open communication channels, and prioritize long-term sustainability over quick profits.
Q: Can small creators compete with big players?
A: Absolutely. Decentralization lowers barriers to entry. With authenticity, consistency, and a niche focus, independent builders can gain loyal followings faster than large corporations.
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Final Thoughts: Return to Blockchain’s Core Ethos
Meow’s message cuts through the noise:
Blockchain was built on decentralization, empowerment, and community. Not speculation.
While hype cycles come and go, lasting impact comes from people working together toward shared goals. Whether you're launching a token, building a tool, or just learning the ropes — focus on adding value and connecting with others.
Because in the end, it’s not about how fast you make money.
It’s about who stands beside you when the market turns.
And that kind of support? That can’t be bought.
It must be earned.
Core Keywords:
- crypto community
- blockchain culture
- token speculation
- decentralized finance (DeFi)
- celebrity coins
- Solana ecosystem
- Web3 values
- long-term investing