Note: This article comes from @Phyrex_Ni Twitter, and is compiled by Mars Finance as follows:
Today I want to talk about Meme. In fact, my knowledge of Meme is not high, and I have never made any money from Meme. Of course, this does not mean that I am biased against Meme. On the contrary, I think Meme is a touchstone.
I want to say Meme because I didn’t remember what the big guy said yesterday. Meme is the business card of a public chain. Whether a Meme can make money is one thing, but whether it can bring attention to the public chain where the Meme is located is Another story.
As early as 2021, Dogecoin rode on Musk's rocket and soared into the sky. There was SHIB, and then there were various zoos. The crazy situation at that time was unimaginable by friends who had not experienced it. , at that time, not only did coins with the word "dog" in them rise hundreds of times, but there were also all kinds of animals flooding the circle of friends.
Yes, the control was not that strict at that time. A colleague next to me said that he bought a gorilla in the morning and would leave his job in the afternoon. It was so amazing. How popular was the zoo at that time? The friend of 312 who I had been talking about a few days ago was Didn’t you know that there was another code called 519? There was a rumor at the time that 519 was brought by the zoo. It’s not important, but 519 completely ended the development of the crypto in China.
Before 519, the popularity of the zoo was no less than that of the current AI, ranging from 99 to just knowing how to walk. As long as you buy it, you dare to quit your job. The money in your wallet keeps rising as if it was generated by code. Of course, when 519 came out, it was still a mess.
I am not saying this to pour cold water on the current Meme. The most popular Memes back then were all on #ETH . At that time, the price of ETH was also very high. A casual interaction would cost a few hundred dollars, but it was okay. It couldn’t stop the aunties at all. Enthusiasm, you see the aunts can be red-faced fighting for two or three points at the market, but during the local dog season, giving tens of thousands of yuan to strangers, they are afraid of missing out on the way to get rich.
Let’s talk about an interesting thing. #Ethererum ’s second-layer network was put on the agenda during the outbreak period of DeFi and Zoo. At that time, it was to solve the excessive gas fee on ETH, so that friends could use it at a lower cost on the chain. On the interaction, but forget that for human nature, the cost is not important, the important thing is the profit. You just interact once for free, but who will do things that don’t make money?
I digress, let’s go back to Meme. Meme is the business card of the public chain. You are absolutely right. Look at #Solana . Don’t forget that if you let it run the project, it will often go down. But there are more people on it than on the project. When she criticizes Meme, she never gets involved. Can you say that Solana is garbage? Really not, even people like me who don’t have many positions are embarrassed to complain. The price is one thing, but the momentum is another matter. Many friends know Solana, and holding $SOL does not mean they know how high-minded they are, but Holding SOL can fight "local dogs".
We have experienced this twice. The first time was to use ETH to make NFT, the second time was to use BTC to make inscriptions, and the third time was SOL to fight the local dog. It’s not enough if you don’t accept it. Compared with domestic projects, In other words, the Meme pattern on SOL is bigger. Last year, $PEPE and $Silly made a lot of money. The latter even took away the popularity of Inscription when Inscription was shining. .
( Damn it, I only remembered after a friend reminded me that PEPE is from ETH. Why do I always think it is from SOL? )
In fact, do you think public chains are stupid? They are not stupid. After the start of the Inscription Season, it is obvious that there are two extremes. People in the Asian field are working on Inscription, such as Polkadot’s DOTA. I have forgotten about DOTA. Is it because the coin has not been issued yet? I vaguely remember it. I did follow the trend and made a few public chain inscription coins, but it seems that most of them have no follow-up. Before writing this tweet, I had forgotten that there was such a thing.
Those who are more focused on the West, such as #Aptos , have learned Solana’s style of play. Not only do they make memes directly at the semi-official end, they also play the trick of Solana buying mobile phones and giving away memes. Of course, they are not selling mobile phones, but buying memes and giving them away. The airdrops of mainstream projects are played differently this time. Don’t ask me how I know they are semi-official. Buying $DOODOO will get you airdrops from Liquidswap and Pontem Network, and Pontem officially promotes them. Is this what a local dog can do? This is called knowing how to play! The founder of Solana can appear in silly dragon clothes. I am not surprised at all that APTOS can do this!
Either way, Meme is the business card of the public chain. That’s it. What can you say about the current public chain? The people calling back and forth are either EVM or pledging and pledging again. The one with a little bit of promise is ETH, which is also stuck in ETF. Damn it, but others are not afraid of public chains. They are defined as securities and have no connection with ETFs, but it does not mean that they are unwilling to participate in the market.
At every conference, many project parties spend a lot of money on public relations. The cost of the After Party after the conference starts at hundreds of thousands of dollars. As for the results, apart from giving away gifts, what else is worth talking about? I am happy to talk about it, but because of Meme, a lot of friends ask me again whether SOL can pass ETF. You explain to them that SOL is a security, and they tell you that ETH is garbage. You explain to them that SOL has a lawsuit, and they I told you that the SOL target is $2,000.
Do you think they really understand SOL? I don’t understand, but they know that memes can make money. Even if they don’t make money themselves, it doesn’t stop them from thinking that people like SOLANA and APTOS who can play memes are what they need to pay attention to. This is the business card of the public chain.
Go to FMD ETFs. A friend told me this, what I want is to get rich overnight, otherwise why come to the crypto.
Real, but telling the truth. Meme is a double-edged sword. If used well, it is a sign. If used poorly, it is also a sign.
