Binance has suddenly listed three MEME coins, sparking heated discussions. Seeing the response from @heyibinance, it actually confirms my previous speculation about this round of bull market! You should know that the two key factors of a bull market are - one is the influx of a large amount of capital, and the other is a strong narrative to hold it up, and either one is indispensable! This round of the market is actually rather awkward, it's not like the DeFi in 2020 and the Gamefi in 2021 have new narratives to absorb external capital. Once there is no narrative relay, then MEME becomes the best narrative, because the market has no new carrier, the pure value consensus model of meme has to become the liquidity carrier. I said before, the possible path is that external capital will pile these meme coins to a high level, causing a lack of heat, and the market will have to accept the MEME mainstream in the short term! The exchange is just looking at the heat, looking at the market response, so Binance's move is not surprising, and what He Yi said is also reasonable. High-valued VCs will also try to make money in this kind of heat, so it's not too much to try some low-valued ones. The question is, what low market cap coins do you think are particularly good? I'll help you recommend them to Binance! I'll recommend one first - $Dogs.
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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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