thesis for migration meta 1) while the short-term thesis is pumpfun -> bonkfun migration, in reality memecoin launchpads will be subject to power laws like any industry as such, migration of projects from many losers to the one/few winner(s) is likely as the market matures; and it is economically rational for projects to want to migrate 2) the migration meta can't be put back in the bottle once dead/declining projects realize they can unlock liquidity and potentially gain a second life on another launchpad (in a way that they never thought was possible before), that can't be unseen $hustle is the only way to play this meta right now