In the cryptocurrency market, meme coins have attracted widespread attention due to their unique community-driven and cultural resonance. The following are the eight major sectors of meme coins, showing how these coins are innovatively developed in conjunction with popular trends:
Primary market hot coins: These coins rely on strong community support and continuous marketing (commonly known as "lifting the sedan chair"). Whenever a new hot spot appears in the secondary market, developers will issue related coins, often with professional teams creating background stories and launching corresponding mobile applications, such as the recent AI craze.
Pure meme coins: These coins need to have a deep cultural heritage to support them. For example, last year’s popular FGI (Frog Coin) was mainly popular because of its meme elements that are deeply loved in Western culture, and it achieved a 20-fold growth in a short period of time.
Innovative mechanism coins: These coins innovate financial mechanisms, such as the high yield of Ohm DeFi 2.0 or the first DAO model of People. They are usually the first coins in the market to adopt new mechanisms, attracting a large amount of capital inflow.
Niche Discovery: These coins are extremely rare and usually involve insider information or extreme luck, such as dogezilla, which achieved an astonishing 100,000-fold increase overnight.
Ground-based promotional currencies: These currencies are promoted through ground-based activities and community organizations, and are usually targeted at groups that are not familiar with cryptocurrencies, such as grandpas and grandmas.
Plunging Pixiu coins: These coins experience huge fluctuations, such as the sharp drop of Squidcoin and the subsequent rapid recovery. They usually require gambler's spirit and in-depth understanding of the market.
Flash crash opportunity coins: Normally traded projects suddenly flash crash, providing agile investors with a chance to buy at the bottom, such as Gala on BSC.
Social media hot coins: These coins take advantage of hot events on social media to quickly gain attention, such as using Musk or other celebrities’ tweets to quickly issue coins related to them.
The above meme sections show the diversity and innovation of the cryptocurrency market, and also highlight the high-risk and high-reward nature of investing in such assets. Before investing, it is imperative to conduct thorough research and risk assessment.
