Tbh what the Arena coins atm reminds me of rn is early Virtuals.

Hear me out.

What ppl don’t realize is coins like $BJUB and $MIM are actually utility coins disguised as memes. BJUB founder is a dev & creating a privacy hub, MIM founder working w AI dev to create RWA arb opps.

The key similarity is that you could buy up a large chunk of supply while the coin was cheap FOR DAYS… then what happened is all the coins pumped & ppl got mega rich.

Let’s see what happens now.