I think CCM is just a fad. Why would you be a Pump streamer if your goal is to become one of the biggest normie streamers? Having your reputation tied to a coin is great as long as the coin is doing well, but what happens when the music stops? Everyone is posting creator fees screenshots on the TL and everything is going great, everyone’s printing etc…But this won’t last forever. Normal people aren’t familiar with how toxic the space is. We’ll soon start hearing stories about the toll it takes on people to have your streams tied to a coin. When people give you money, they hold you accountable because they now consider themselves investors, not just viewers - and this is a dangerous path. Creators will soon be forced to slave for their viewers to sustain the price. What happens when a creator wants to take a break? Not possible. Crypto mfs can be wild and it’s only a matter of time before we start reading stories of people getting threatened/beaten up because they stopped streaming which led to people losing money. It feels like normies don’t understand what they’re getting into when launching a streamer coin, they don’t fully grasp what it implies. Which is why I feel like Pump is leading a lot of people to the slaughterhouse with this one. Pump and Pump supporters are currently flexing numbers and data, the "fast money" culture is extremely -EV long term. It incentivizes everyone to just launch a coin to make a quick bag. Rugs will be even more common and normalized, washed celebs will start launching coins as well and more money will keep leaving the trenches. Hoping I’m wrong about this and everything goes well.
