According to Lex Sokolin, DePIN (Decentralized Physical Infrastructure Networks) projects are steadily building foundational web3 infrastructure while traders focus on short-term memecoin pumps like WOJAK. Sokolin highlights that while memecoin rallies attract rapid trading activity, they often divert capital from long-term, value-driven crypto investments in DePIN and web3 infrastructure. For traders, this signals a potential shift in future market relevance, as sustained returns may increasingly come from DePIN project tokens rather than speculative meme assets. Source: Lex Sokolin Twitter, May 27, 2025.

According to Lex Sokolin, every dollar invested in memecoins like PEPE is a dollar not supporting the development of real Web3 infrastructure, specifically DePIN (Decentralized Physical Infrastructure Network) projects. Sokolin emphasizes that DePIN projects are actively building the foundational layers for decentralized physical infrastructure, while memecoin holders rely on speculative factors such as tweets from influencers. This highlights a critical trading trend where capital allocation decisions may directly influence long-term crypto ecosystem growth, particularly in sectors driving tangible utility and adoption (Source: Lex Sokolin, Twitter, May 24, 2025).