Note: This article comes from @0xNing0x Twitter, and Mars Finance compiled it as follows:
If we set the observation period to 23 years to the present, and then compare the secondary market characteristics such as volatility/yield/maximum drawdown of the leading value coins and the leading meme coins, we will find that this is not the case.
For example, the overall performance of the leading value coin $TIA is better than the leading meme coin $Doge $SHIB , only weaker than $PEPE .
As a collective personality, the market always tends to exaggerate short-term memory and frequently forgets and modifies long-term memory.
What we are currently experiencing, "MeMe coins soaring and value coins falling to the ground", is most likely just a cyclical phenomenon.
The life cycle of the much-discussed “value coin is dead” theory will be shorter than that of most celebrity meme coins.
A new narrative that has emerged in this round of meme coin explosion cycle - attention economics, is more worthy of attention from value investors. Web3 mass adoption has reached the hitting point, and attention economics will play an important role in this process.
After reaping the benefits of the meme coin explosion cycle, @HuobiGlobal began to actively deploy attention economics infrastructure projects. The attached picture shows 11 SocialFi projects compiled by the Huobi team.
In the next cycle, I will actively reject the primitive animal desires of on-chain PVP and on-chain meme lottery, learn the Buddhist mind-training of Blue Fox, and grow together with the value currency.
Cycles rotate, value lasts forever.
