Hey there, meme token enthusiasts and blockchain explorers! If you’ve been keeping an eye on the wild world of crypto, you’ve probably noticed a shift in how people think about owning stuff. A recent tweet from BREAD | ∑: @0xBreadguy on August 10, 2025, dropped a mind-blowing take: “I’ve increasingly come to believe that no one wants to own anything and everything will be perpified.” Let’s dive into what this means, why it’s happening, and how it might shape the future of finance—especially in the meme token space.
What Does “Perpified” Even Mean?
First off, let’s break it down. “Perpified” comes from “perpetual futures,” a type of crypto trading contract that lets you bet on the price of an asset (like a stock, crypto, or even a meme token) without ever owning it. Unlike traditional investments where you buy and hold, perpetual futures (or “perps”) have no expiration date. Instead, they use a funding rate to keep the contract price in line with the market. Think of it like a never-ending gamble where you’re speculating on whether the value will go up or down.
BREAD’s point? People are more interested in speculating on assets—like the valuation of a stock or the attention someone gets—rather than owning them outright. It’s less about holding a meme token in your wallet and more about betting on its next big pump.
The Shift from Ownership to Speculation
So why are we moving away from ownership? BREAD highlights a few key areas:
- Stocks: Instead of buying shares, people want to speculate on a company’s valuation using perps.
- Attention: Forget building a following—some prefer betting on who will grab the spotlight next.
- Yield: Rather than earning steady returns, folks are wagering on whether yields will rise or fall.
This shift makes sense in today’s fast-paced, tech-driven world. With AI replacing jobs and economic uncertainty on the rise, traditional paths like saving for a house or climbing the corporate ladder feel out of reach. Speculation, especially through perps, offers a quick shot at big gains—kind of like buying a lottery ticket with better odds (or so the hype goes).
Why Perps Are Taking Over
Perpetual futures are super appealing because they’re capital-efficient. You can control a large position with just a small amount of money, thanks to leverage. For example, with 10x leverage, a $100 bet could control $1,000 worth of an asset. This magnifies both wins and losses, which is why posts in the thread call it a “double-edged sword.” But when the traditional job market feels like a dead end, that risk might seem worth taking.
The tweet also ties into the “hypergambling” trend we’ve seen in crypto. Meme tokens, with their wild price swings, are a perfect playground for this. Imagine betting on whether PEPE or DOGE will moon next—without ever owning a single token. It’s fast, it’s exciting, and it’s accessible to anyone with a trading app.
The Bigger Picture: A World of Speculation
BREAD’s vision suggests we’re heading toward a future where everything—stocks, attention, even meme token hype—gets “perpified.” This aligns with other voices on X, like Kappil @0xKaps, who argue that hypergambling is a response to a broken system. When wages stagnate and living costs soar, speculating on perps feels like the only way to “win.”
But it’s not all rosy. The thread also hints at downsides—mental burnout, financial losses, and a society hooked on the next big bet. Some, like IcoBeast.eth @beast_ico, suggest this trend might favor the “have nots” who can’t afford stable investments, while the rich stick to long-term strategies.
What This Means for Meme Tokens
For meme token lovers, this “perpification” could be a game-changer. Platforms like HyperliquidX or Solana might see more traders speculating on tokens like SHIB without holding them. This could boost liquidity but also increase volatility. If you’re a blockchain practitioner, understanding perps could give you an edge—whether you’re building trading tools or just riding the wave.
Final Thoughts
BREAD’s take is a bold prediction for 2025: ownership is out, and speculation is in. As meme tokens continue to dominate the crypto scene, perpifying everything might just be the next evolution. Whether you see it as a brilliant opportunity or a risky gamble, one thing’s clear—keeping up with these trends is key. So, what do you think? Will you jump into the perp game, or hold tight to your meme token bags? Drop your thoughts in the comments, and let’s chat!