In the wild world of crypto, where meme tokens can make or break fortunes overnight, a recent tweet from influential trader Ansem (@blknoiz06) has sparked a heated discussion about the peak of degeneracy and amoralism in the space. Posted on August 21, 2025, Ansem highlights two jaw-dropping examples: the richest man on Earth promoting what he calls "softcore AI companion bots," and the President of the United States reportedly profiting over $1 billion from a memecoin inspired by his own image.

For those new to the scene, degeneracy in crypto slang often refers to reckless, high-risk behaviors like gambling on volatile assets or engaging in ethically questionable schemes. Amoralism? That's just a fancy way of saying actions without regard for right or wrong, purely driven by profit. Ansem's tweet quotes a longer post from @based16z, who paints a picture of widespread "open looting" across markets – from Chamath Palihapitiya's casino analogies in investment docs to memecoin treasuries treating crypto like free money.

Let's break it down. Elon Musk, the billionaire behind Tesla and SpaceX, has been no stranger to crypto. He's pumped Dogecoin in the past and now seems to be diving into AI with projects like Grok from xAI. Ansem calls it "shilling softcore AI companion bots," likely nodding to how these AI tools are marketed as friendly, engaging companions – almost like digital girlfriends or buddies, blending tech hype with a touch of risqué appeal. It's a far cry from traditional finance, but in meme token land, it's par for the course.

Then there's Donald Trump. The former – and apparently future-oriented – President has been linked to various crypto ventures. The tweet claims he made over $1B in profit and loss (PNL, crypto speak for gains or losses) from launching a memecoin of his likeness. This could refer to tokens like MAGA or other Trump-themed memes that surged amid political buzz. In a space where fair launches and community-driven projects are idealized, seeing world leaders cash in raises eyebrows about insider trading and market manipulation.

The big question Ansem poses: When degeneracy and amoralism hit their peak, what's the ensuing trade? In other words, after all this chaos, where should smart money go? Replies to the tweet offer clues. One user, @MustStopMurad, suggests going long on "crypto optimism, belief, and purity," tying it to the #SPX6900 meme – a playful nod to betting on the S&P 500 hitting 6900, symbolizing faith in broader market recovery.

Others chime in with darker takes. @Credib1eGuy mentions kids trading perpetual futures (perps, endless contracts betting on price moves) on platforms like Hyperliquid as their only shot at homeownership. It's a stark reminder of how crypto's allure draws in the desperate, fueling a cycle of boom and bust.

Path.eth from @Cryptopathic advises grounding in "provable history and fair launches," shouting out @BIC_dao as an example. Fair launches mean no pre-mined tokens for insiders, promoting equality in meme token distribution – a counter to the "apathetic grift" @based16z describes.

Even Kanye West gets a mention in the quoted thread with "Yeezy coin," highlighting how celebrities are jumping on the memecoin bandwagon without pretense. It's all out in the open now: no more hiding behind "the tech" or grand visions. People are looting, as @based16z puts it, from capital markets to real-world crimes like crypto robberies.

So, what's the trade? For meme token enthusiasts, this could signal a shift toward more sustainable projects. Look for tokens with strong communities, transparent teams, and real utility beyond hype. Tools like DexScreener or CoinMarketCap can help spot emerging memes before they peak.

As blockchain practitioners, moments like these remind us to build knowledge bases – tracking trends, analyzing trades, and learning from the madness. At Meme Insider, we're here to decode it all, helping you navigate the degeneracy without getting burned.

One reply even shared a cryptic image, perhaps a chart or meme, underscoring the visual chaos of crypto trading.

In the end, while the peak might feel overwhelming, it's often the precursor to innovation. Stay vigilant, trade smart, and remember: in memecoins, belief can be your best asset.