autorenew
Crypto Twitter's IQ Paradox: Why We Need More Cobies in the Meme Token Era

Crypto Twitter's IQ Paradox: Why We Need More Cobies in the Meme Token Era

In the fast-paced world of Crypto Twitter (often abbreviated as CT), where high-IQ individuals gather to discuss blockchain, tokens, and everything in between, a recent tweet from Seb Montgomery has struck a chord. Montgomery, the GM of Validator.com and a content creator known for simplifying complex topics, posted: "CT has high iqs, but 98% are brainless. literally brainless. it's just engagement posting for yap rewards and X payouts. wtf happened to people building a thesis, being right more often than wrong, and sharing the value of something. we need more cobies." This original tweet quickly garnered likes, replies, and views, sparking conversations about the state of discourse in the crypto space.

Understanding the Critique

Montgomery's point is straightforward yet piercing. Crypto Twitter is filled with smart people—traders, developers, and enthusiasts with deep knowledge of blockchain technology. Yet, he argues, most of the content has devolved into "engagement posting," where users chase likes, reposts, and replies to earn rewards from X's (formerly Twitter) payout system or simply to boost their visibility. "Yap rewards" refers to the endless chatter without substance, prioritizing viral moments over meaningful analysis.

This shift is particularly relevant in the meme token ecosystem, where hype can drive massive gains but often leads to rug pulls and lost investments. Meme tokens like Dogecoin or newer ones on Solana thrive on community buzz, but without solid theses—well-researched arguments about a project's value—they risk being just another pump-and-dump scheme. Montgomery laments the loss of users who build and share genuine insights, being "right more often than wrong," which helps the community navigate the volatile market.

Who Is Cobie and Why Do We Need More Like Him?

The call for "more cobies" points to @cobie, a prominent crypto trader and analyst known for his thoughtful, often contrarian takes on the market. Cobie gained fame through detailed threads breaking down DeFi protocols, NFT trends, and macroeconomic factors affecting crypto. Unlike many who post for clout, Cobie's content focuses on value—educating followers and challenging assumptions. In the meme token world, where narratives can overshadow fundamentals, voices like his could help differentiate genuine opportunities from fleeting fads.

Replies to Montgomery's tweet echoed this sentiment. One user, @kaylakenze, simply stated "nuance dead," highlighting how nuanced discussions have given way to black-and-white hot takes. Another, @TraderMush247, responded with a GIF emphasizing "FACTS," showing agreement in the community. Even @prastutkumar from AsgardFi called it "spot on." These reactions suggest a growing frustration among serious players in blockchain.

Facts meme GIF from tweet reply

The Impact on Meme Tokens and Blockchain Practitioners

At Meme Insider, we see this trend firsthand. Meme tokens are more than just jokes; they're experiments in community-driven finance on blockchains like Ethereum and Solana. However, the rise of engagement farming dilutes the knowledge base. Instead of threads analyzing tokenomics, liquidity pools, or smart contract risks, we get endless shill posts. This not only misleads new entrants but also hinders the growth of practitioners who rely on quality info to build and innovate.

To counter this, the community needs to reward substance. Platforms like X could tweak algorithms to favor in-depth content, or users could amplify voices like Cobie's. For meme token enthusiasts, this means seeking out creators who provide theses—predictions backed by data—rather than just memes. Tools like on-chain analytics from Dune or DexScreener can help verify claims, turning passive scrolling into active learning.

Moving Forward: Building a Better CT

Montgomery's tweet is a wake-up call. As blockchain evolves, especially with meme tokens leading retail adoption, we can't afford a brainless CT. By encouraging more thesis-building and value-sharing, we can foster a space where high IQ translates to high impact. If you're in the meme game, start by following thinkers like Cobie and contributing your own insights. Who knows? You might be the next voice we need.

You might be interested