The narrative on analoS is simple: it's a shitcoin.
But while these coins have little direct utility other than speculation and trade volume, they actually do have a tons of meta-utility: they are bellwethers signaling that the last hype train is about to leave the station. The success of these coins, unlike, say, BONK (which had already been distributed, crashed, and consolidated), relies purely on FOMO. They are designed for wealth extraction on a short time frame from the late to the early. Weeklong ponzis.
The confirmation of this cycle comes when a coin like this almost completely retraces it's initial pump, which this one has now done as the broader market cools off. The run-up from non-existence, to Airdrop Of the Day, to trending on X, to losing a few zeros was rather impressive. The dump was wholly expected.
analoS, like so many before it and so many more to come, had a good run. Having risen and fallen so mercurially by design, it's hard to give it just one star. I'm tempted to even give it three for having achieved what I'm sure its founders goals set out to do. Then I realize that it has ANAL in it's name, so I'm going to settle on two.
Full disclosure: I checked rather early if I was eligible to claim an airdrop. Turns out, I wasn't. And I wasn't about to be late, either. Show Less
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