Phil Kwok: Memecoins Tokenize Attention Economy

Phil Kwok details his shift from viewing memecoins as fast-up fast-down extraction tools to recognizing their power in attention economy tokenization, much like NFTs onboarded users to new blockchains. He describes buying an early memecoin, treating it like a store of value akin to Bitcoin, watching it drop double digits then to zero, yet framing the experience as part of learning memecoin volatility risks and crypto spectrum understanding where coins range from pure stores of value to attention-capturing memes that thrive on fleeting public focus.