How do you view the difference between investing in meme coins and value coins?

Degens invested in memecoins without any research basis. For them, Memecoins are more of an act of entertainment and speculation. Meme coins are primarily driven by community participation, and due to the lack of basic economic or commercial applications, their value is often shaped by social media and market sentiment.

What potential does a successful meme coin need to have?

The Meme phenomenon is closely linked to Internet culture. A successful Meme coin needs to create a broad appeal for branding and community building. Additionally, the support of influencers with a large community also increases memcoin’s potential success. As we know, as early as 2022, Elon Musk supported the DOGE token on Twitter and traditional media, and its token value increased significantly.

Will meme coin volatility negatively impact the overall stability of the portfolio?

Overall yes. Most memecoins investors are primarily individuals who do not set a take-profit target, which means they may end up with negative returns due to high volatility (especially if their portfolio has a sizable proportion of memecoins ).

Why do Meme coins mostly choose Solana or Base chain?

The appeal of the Solana blockchain for Meme coins is its scalability and efficiency. Solana can process hundreds of transactions per second at a lower cost than Ethereum.

Is the meme fundraising frenzy on Solana the equivalent of Ethereum’s ICO era?

It can be understood to some extent. But this approach is also evolving, and Solana may be more attractive than Ethereum due to lower transaction fees and faster transaction speeds.

Solana uses meme coins to drive hype and activity in its ecosystem, which is smart marketing, especially like the way the Solana phone is tied to the BONK token.

How do you discover a project like BOME in its early stages?

• Follow the KOL list on Twitter, meme coin hunters on Solana, etc.
• Participate in online crypto communities and monitor social media trends.
• Explore high-potential pre-sale projects.
• Use crypto market aggregators — coinmarketcap, coinsecko, coincodex.
• Etherscan, Dune analytics — these are all indicators for analyzing meme coins.
• Pay attention to low market capitalization meme coins.

In this bull market, will Meme coins continue to remain popular? What is its importance?

The value of meme coins is primarily affected by social media popularity and influencer support, rather than basic financial indicators. Community activities (online platforms such as Twitter and Reddit) remain a hot spot for meme currency promotion and discussion. The meme market is primarily driven by individual investors, with institutional investors (except degen venture capital, high-risk speculative trading) generally avoiding investing in meme coins due to their unpredictable nature.

While many meme coins initially have little intrinsic value, the development of utility can significantly impact their durability. Projects that expand their functionality beyond simple transactions to offer services such as games or NFTs may see greater sustainability.

Note: All the above opinions are for reference only and do not serve as investment advice. If you have any objections, please contact us for correction.