“Value Coin” and “MEME Coin”, which one is the future of the new bull market?

avatar
ChainCatcher
2 days ago
This article is machine translated
Show original

Preface:

With Trump's historic victory sweeping the American political arena, the wind has reversed overnight, and BTC has set a new historical high. However, within the crypto world, BTC and other cryptocurrencies are fundamentally two different worlds.
Under the guise of "Building", the "value coins" that claim to be the cornerstone of the crypto world are facing unprecedented application dilemmas and FUD. The MEME craze has once again arrived, which inevitably makes us rethink:
In the visible bull market, should we believe in value coins again, or is MEME the true future?

Originating from the end of the green leaf

The discovery of small certainties, liquidity fueling the waves
Before discussing MEME, we need to briefly review the development history of MEME in the crypto world. From a time dimension, it can be roughly divided as follows:
Image
From the above development history, there are several important trends that can be summarized briefly:
  1. Liquidity expansion is the foundation: MEME was born in a bull market, and the explosive growth of coin prices is often accompanied by the expansion of US dollar liquidity.

  2. Celebrity effect is the best support: Whether it's Shib or Doge, the explosive popularity of these picture-type MEME has the support of celebrity effects, such as Musk.

  3. MEME resonates with spiritual appeals: From animal pictures, Internet memes, to AI MEME, they all imply the most transmissible zeitgeist at the time, and the inner emotional appeals they contain are also becoming more and more rich.

  4. The life cycle is rapidly shortening: With the rise of platforms like Pump.fun, the issuance of coins has entered the minute level, and the life cycle has also entered the hour level.

Source
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.
Like
Add to Favorites
1
Comments