The memecoin supercycle is real. Degens are in charge on-chain and for the first time ever we are outperforming CEXs, VCs and angel investors. Last cycle, we saw the GME saga driven pump of Dogecoin by retailers & VCs and it was like nothing seen before. Now, how likely do u think Doge will thrive again in a cycle driven by memes and degeneracy?
Yes, its inevitable and thats exactly what Laika is aiming for.
Laika is the first L2 on top of Dogecoin where transactions actually need confirmation on the native dogecoin blockchain (rather than just a polygon sdk built blockchain 😉 ). Its evm compatible and interoperable with the solami love chain. Already on mainnet with TVL around $4M and now doge maxis can earn passive staking rewards with their coins. Team is also doxxed.
Regarding tokenomics; yes, we hate low float high FDV tokens, but if you look in detail there is no team / VCs to dump on you and mostly reserved for community + the FDV seems reasonable to me given the fundamentals and current cycle meta.
So TLDR: $LAIKA seems like both right (fundamentals good/ DOGE pump inevitable) and left (beta play to DOGE) curve play.
As always, non-financial advice, crypto can be lucrative but also risky and you are fully responsible for any outcome by participating.