Bitcoin was once the "entry key" to the crypto world, but it is no longer the case for ordinary retail investors. MEME, as a monetized attention market, is becoming the entry point for new users.
Now there are many discussions about the value of MEME, such as cultural factors, the spirit of the times, dissemination effects, and so on. Each perspective has its own foothold and theoretical explanation. However, from any angle, we cannot measure the value of MEME from the perspective of utility and practicality, which is a narrow understanding of value. Just as in the irreversible trend of excessive money supply, the era has chosen MEME, and blockchain is its best carrier.
MEME is part of the spiritual needs and new value standards of the younger generation. They do not attach much importance to grand meanings, but prefer to find happiness in small things and use humor to fight against seriousness. A meme can resonate with them, which is both being seen and a victory in life, and this kind of victory has great value in the blockchain world. To them, rationality and ideals are outdated, they prefer entertainment and consumption, and there is no concept of crypto shame and crypto casino. MEME is a norm in their lives, another form of gaming.
Among the current Internet products, the one most similar to meme is short videos. What is meant here is short videos rather than short video platforms. In fact, these short video platforms are more like public chains, and meme and short videos have some common points, such as not being serious, spreading quickly, and having a wide community base, but people will soon forget them. Even some short video bloggers' income has already reached or even exceeded that of listed companies. In addition, the market value of meme has already reached several hundred billion US dollars, and it has even started to snatch shares from the traditional altcoins.
The popularity of short videos and meme shows a fact that people are paying more and more attention to the value of their emotions. After World War II, more and more people wanted peace, and the demand for emotional value increased. Emotional value is the third largest demand for humans after sleep and eating.
The influence of emotions on human beings has existed since ancient times. Sexuality is one of the oldest demands in the world, which shows that humans have always been pursuing emotional value, which is engraved in our DNA. In the historical process of human beings, emotions have also influenced the course of history to a certain extent. For example, in the Iliad, the Trojan prince Paris, because of his greed for beauty, abducted the Queen of Sparta, Helen, which ultimately led to a ten-year war and the destruction of the state. In the famous Peloponnesian War, Pericles was dismissed by the emotionally excited Athenian people because they thought his insistence on defense was cowardly. As a result, Athens lost to Sparta in that war, which also led to the end of the glorious classical era of Greece. The Declaration of Independence of the United States clearly states that the pursuit of happiness is the inherent right of every person. Kennedy defeated Nixon in the presidential election because his excellent oratory and more energetic image won the support of that generation of American voters.
Nowadays, in some developed countries, the sex industry has been incorporated into GDP and needs to pay taxes. Not only the sex industry, but also entertainment, electronic games, and film and television can be classified as the emotional value industry, and even alcohol and tobacco can be broadly considered as the emotional value industry. In a market with a market value of over a trillion dollars, we have to face the transformation of meme from an air coin to a unique economic form.
The value of MEME is actually a direct reflection of human emotional value. So, is the future of the crypto industry just MEME? The short video industry is already very competitive. When you open an app, the content you see is basically homogenized. Some bloggers even produce vulgar, curious or even illegal content in order to attract traffic. Similarly, after the dividend period, MEME coins will also enter a highly competitive stock era. Now, a meme even needs to distinguish between uppercase and lowercase letters, because the competition within the same category is so fierce. Due to the short cycle of meme, once it loses the effect of wealth creation and heat, it is difficult to form capital accumulation.
That is to say, the gap between the leading value coins and MEME will become larger and larger in the future. Short videos cannot completely replace movies and TV series, and MEME cannot completely replace technical coins and value coins. Value coins, especially public chain infrastructure, are the platforms provided for MEME coin creators. Ethereum can be compared to Douyin, and Solana can be compared to Kuaishou. MEME innovation is always ongoing, while infrastructure development is relatively slow. In the current boom of MEME, we do not need to be overly concerned about the future of value coins and altcoins. New platforms and carriers will definitely appear.
