There's a term I want to coin called the "Normie Premium".

People will buy coins at significantly higher valuations if they believe normies will buy it

Every single coin on Believe is currently carrying this premium.

Is this premium worth paying today?

My thoughts:

1. 98% of these coins are trash and peaked today

2. There's little to no reason NOT to launch a token if you have a startup or app idea. Most of those tokens will have 0 attention less than 72 hours post-launch.

3. Normies will not buy these coins anytime soon. They MIGHT, but the onboarding flow isn't set up yet right now.

However, I think if there's a guy that knows how to get things truly viral, it's Nikita and Pasternak has shown some potential

4. Instead of trying to buy the coin launched on an app that I believe in, I'd rather buy the original Launchcoin

BUT, that is up 100x in the last 2 weeks.

So for now I sit on my hands.

Godspeed to everyone that printed, and will hopefully make more money in the future on these 🫡