What exactly sustains MEME? Do these mythical MEMEs have a fixed outbreak process? This article will explore the myths and momentum building process of MEME from the background, content and popularity process of these MEME.
Meme is a unique cultural phenomenon on the Internet. It is characterized by simplicity, fun, and easy dissemination. It expresses opinions, emotions, or humor through imitation and transformation. It is a concept that originated in the 1970s and was proposed by Richard Dawkins to describe a cultural unit similar to genes. With the rise of the Internet, memes have become an important part of Internet culture. Through global dissemination and evolution, countless classic and popular memes have been formed. In the field of cryptocurrency, MEME is even more linked to "wealth freedom." From time to time, the "meme season" caused by hundreds or thousands of coins can trigger a MEME craze. The story of "you can be free to speculate on memes" has become deeply rooted in people's hearts. From DOG at the beginning, PEPE later, and now ORDI, the myth of MEME will never end.
What exactly sustains MEME? Do these mythical MEMEs have a fixed outbreak process? This article will explore the myths and momentum building process of MEME from the background, content and popularity process of these MEME.
DOGE
Doge is a meme featuring the Japanese Shiba Inu. It is usually a picture of the Shiba Inu with colorful text that expresses the Shiba Inu's inner thoughts. The grammar is intentionally wrong and the style is humorous and cute. The origin of doge can be traced back to 2010, when a Japanese kindergarten teacher posted a photo of her Shiba Inu Kabosu on her personal blog. The photo showed Kabosu's side face with a slightly scrutinizing look.
The popularity of doge did not happen overnight. It took several years of fermentation and evolution before it gradually became a global network phenomenon. In 2013, doge began to become popular on social media such as Reddit, attracting a large number of creators and viewers, forming a huge doge community. In 2014, doge was selected as Time's Best Meme of the Year, and has appeared in some mainstream cultural products, such as TV series, movies, games, music, etc.
The popularity of doge has also radiated to the cryptocurrency industry. In 2015, doge also became the name and symbol of a cryptocurrency, Dogecoin. One of its founders, Jackson Palmer, said that he was inspired by the doge meme. Want to create a fun and friendly digital currency. In 2021, Doge’s popularity reached its peak, mainly due to the promotion of Tesla’s CEO Elon Musk, who mentioned and praised Dogecoin many times on Twitter, resulting in The surge in the price of Dogecoin has once again made the doge meme the focus of the Internet.
Thanks to the origins of doge coin, doge’s position in the crypto industry can be said to be a unique phenomenon that demonstrates the diversity and inclusiveness of cryptocurrencies and also reflects people’s interest and optimism in cryptocurrencies. The success of doge can also be attributed to the power of its community and fans. They continue to create and spread doge memes, allowing doge to maintain a high degree of attention and topicality. There may be more surprises and challenges in the future of doge. Many people expect doge to reach the goal of $1, while some people doubt whether doge can maintain its status and value. In any case, doge has become a legend in the encryption industry and has brought more fun and possibilities to the encryption industry.
PEPE
Pepe is a digital asset based on the popular meme character Pepe the Frog. Pepe the Frog was originally introduced in the "Boy's Club" comic series created by cartoonist Matt Furie in 2005. In 2008, the image of Peppa Frog spread rapidly on the Internet, characterized by humor, creativity and irony. The cryptocurrency community quickly embraced the character and made him one of the legends of cryptocurrency culture.
The Pepe token was launched on April 14, 2023 and reached a market capitalization of $1 billion in just 23 days with 107,000 holders. Pepe has attracted widespread attention by leveraging the power of memes and adopting innovative token economics designs, such as a tax-free policy that means users do not need to pay handling fees when trading Pepe. In addition, Pepe also implements a redistribution system that redistributes 5% of each transaction to all holders to reward long-term pledgers. Finally, Pepe introduces a destruction mechanism, that is, 5% of each transaction will be permanently destroyed to maintain the scarcity of Pepe.
Pepe has an active and loyal community that communicates and interacts through Twitter, Telegram, Discord and other channels. Community members not only share and discuss Pepe-related information, but also create and trade various digital arts and memes, increasing Pepe's popularity and value.
ORDI
Ordinals Protocol created the native on-chain token ORDI, which is a Bitcoin contract token based on the Ordinals protocol. Ordi has become the first inscription token on Bitcoin and the first meme token on the Bitcoin chain, which is unique in its hype. Its fair issuance method avoids the rat warehouse problem. ORDI does not require VC intervention and there is no so-called project party. Its inscription issuance method includes the token in the inscription, giving it value.
ORDI's hype method is also very unique and interesting. It uses various channels such as social media, online forums, blogs, videos, podcasts, etc. to display and promote the features and advantages of ORDI and attract more attention and participation. ORDI's meme content is also very rich and diverse. It includes a variety of funny, satirical, innovative, artistic pictures, videos, audios, etc. They all reflect the spirit and philosophy of ORDI, as well as the value and potential of ORDI. ORDI's meme content is also constantly updated and innovated to adapt to different occasions and topics, keeping ORDI always fresh and active.
The timing of ORDI's outbreak is also very clever and appropriate. It just caught up with the craze of Bitcoin spot ETFs. As a Bitcoin ecological project, ORDI also benefited from the promotion of Bitcoin ETF. It demonstrated the diversity and creativity of Bitcoin and attracted more investors and users, causing ORDI’s price and market value to achieve a leap: ORDI’s The lowest price in history is $2.86, which occurred on September 11, 2023. The current price of ORDI is $25.10, which has increased by 777.62% from the historical low to now. ORDI also used the topic of Bitcoin ETF to produce a lot of related meme content to increase ORDI's exposure and influence, so that more people can understand and recognize ORDI.
From DOGE to PEPE to ORDI, the success of these MEME tokens lies not only in their unique memes and hype methods, but also in the community power and innovative token economics design behind them. They harness the power of memes to form active and loyal communities through social media dissemination and user engagement. The successful explosion of these tokens is also closely related to market hot spots, such as the promotion of Bitcoin ETF, which provides more exposure and recognition for these MEME tokens. The inheritance of the MEME myth is not only the success of digital assets, but also a unique interpretation of the spirit of the times and social culture in the field of cryptocurrency.
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