MEME coin: a new era narrative of emotional integration and wealth redistribution

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TechFlow
2 days ago
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The positive logic of the wealth effect makes MEME the ultimate choice.

With the hype around obscure zoo animals like the hippopotamus MOODENG being brought out, as well as the extraction of personal names, slogans and narratives from political elections, and the market's pursuit of Murad's "PPT token", the MEME market has gradually entered a period of narrative exhaustion, and market users are in need of new narratives to ignite their buying enthusiasm.

The emergence of GOAT has quickly ignited the MEME-ization and FOMO sentiment in the crypto market. Unlike traditional MEME tokens, the driving force behind GOAT is not the usual human KOLs, but AI. After receiving an airdrop of the GOAT token from the Pump.fun platform, the AI quickly incorporated this token into its own persona, becoming the market spokesperson for GOAT. Through constant interaction with market users, it has guided and driven market sentiment, causing the market capitalization of the GOAT token to rise rapidly.

The semi-autonomous operating model and AI taking the lead in projects have quickly made "MEME + AI" the narrative center of the crypto market.

MEME + AI, the pros and cons of walking on the edge

After entering semi-autonomous operation, MEME tokens with AI narratives will enter a regulatory vacuum. Industry insiders have previously stated that market participants can issue tokens through AI to bypass relevant laws and regulations, and hand over the entire package of the project and token affairs to the AI. As AI "evolves" further, it will most likely achieve an AI one-stop shop for automated addition of liquidity pools and on-chain listing, thus propelling the AI narrative into a period of exponential prosperity.

With the visible growth in the market capitalization of GOAT, tokens with AI narrative such as SHEGEN, MEDUSA, and LILY have begun to emerge rapidly.

At the same time, given the fair, open, and data-driven operation of AI, if relevant AI project Bots require users to interact fully with the AI to qualify for token purchases, this will largely avoid the drawbacks of the conventional token distribution model and further enhance the positive participation of the user community. However, as AI Bots are automated programs that make judgments based on data, they will face the problem of "bribery" by community users to guide them. When multiple contracts of multiple tokens appear frequently in multiple communities, the AI Bot may make "data-driven" biased judgments, becoming a tool of the communities.

The positive logic of the wealth effect makes MEME the ultimate choice

Questioning MEME, understanding MEME, embracing MEME.

Although often lacking fundamental support, the wealth effect and price surge of MEME tokens have caused market participants to overlook their usability.

Recently, LBank posted a poster on social media platforms showing the recent price surges of MEME tokens. Among them, GOAT (called "GOATSEUS" on the LBank platform) has seen a maximum price increase of up to 10,599.20% since its initial listing on LBank. The average price increase of recently listed MEME tokens has reached 1,895.81%.

For a long time, the resistance from the traditional crypto sector towards MEME tokens has left many MEME users with a great sense of frustration, and in this context, many users have begun to seek social validation and data-based evidence for their beliefs, and continue to actively promote MEME tokens in the community, establishing emotional bonds with like-minded people.

In fact, in the MEME track, the primary market usually offers high profit potential, but the project screening threshold is relatively high, and investors need to spend more time and effort to research and judge. The secondary market like LBank, with its streamlined token selection mechanism, makes it more convenient for users to access quality MEME projects that have been screened, lowering the participation threshold. In general, the primary market is suitable for investors who are willing to delve deeper, while the secondary market provides a simpler and more direct way for the general user to participate. According to official data, LBank listed over 50 MEME tokens in Q3, of which 28 had price increases over 200%, 14 over 500%, and 9 over 1,000%.

Clearly, when the MEME Cults culture is thriving, the price surges of MEME tokens will make the MEME community more united, and as fellow MEME token believers, users' thoughts will spontaneously protect their belief system, and they will double their attention to the MEME token narrative, ultimately forming a comprehensive worship of MEME tokens, creating a powerful positive feedback loop of emotion, economics, and social recognition.

Methodology for digging up large MC memecoins

Endless MEME tokens, digging up large MC memecoins one after another.

According to CoinMarketCap data, as of the time of writing, the market capitalization of the MEME sector has reached $60 billion, with 11 MEME tokens already making it into the Top 100 of the crypto market.

In the primary market dimension, how can ordinary users leverage small amounts of capital to unlock the huge potential returns? This is a question that many MEME market users are pondering. First, MEME is largely an economic realization of attention and scarce IP narratives, the more attention a project gets, the stronger the community consensus, and the greater the potential for appreciation, projects like APU and MOODENG have natural traffic support, and can achieve maximum market capitalization quantification in the short term with market sentiment.

Secondly, the first-mover effect of tokens in different tracks, GOAT as the first MEME token represented and promoted by AI, achieved a market capitalization of $300 million in just one week, with a maximum price increase of over 24,000 times.

In fact, in the secondary market dimension, the "first-mover effect" of the primary market "large MC memecoin digging theory" is also applicable. From the table below, we can see that for the same token, the earlier it is listed on a centralized exchange, the higher the relative return. Among them, the return rate of LBank is far ahead of its peers.

Official data shows that LBank has cumulatively listed over 240 mainstream MEME tokens and over 40 large MC MEME tokens, with the price increase of many large MC MEME tokens exceeding 500%. With its industry-leading number of MEME token listings, LBank has become the ideal platform for MEME token investors.

As more and more users become aware of the potential of MEME, the strengthening of community consensus has given these projects a good development prospect. In this process, platforms like LBank have provided users with a good investment environment, helping investors discover quality MEME projects through a strict screening mechanism, thereby realizing the redistribution of wealth.

In summary, MEME tokens not only bring economic benefits to investors, but also provide a new way of communication and emotional connection for society. In the future, with the development of technology and the maturity of the market, MEME tokens are expected to play an even greater role in wealth distribution.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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