Written by: TechFlow
As soon as BTC rebounded to $70,000, it immediately began to leak, wiping out half a year's gains in just one week. The day of "805" brought a cool feeling to crypto investors in the dog days of summer.
However, no matter how the market collapses, there will always be a fixed amount of liquidity left in the on-chain Meme market to keep it lively. As long as the earth continues to turn, the Meme fever will not stop.
Now, after the heat of Trump’s shooting and the new dog Nerio has passed, the meme trend has shifted to the Olympic theme.
Yusuf Dikec
Whether you follow the Olympics or not, you must have had some impression of the air pistol athlete Yusuf Dikec in recent days.
Over fifty, one hand in pocket, gray hair, expressionless face...
In the Olympic arena, unlike other athletes who were fully equipped with professional equipment, Yusuf Dikec easily won the Olympic silver medal wearing a simple pair of myopic glasses. He even wiped the fingerprints from the gunshot wound after the game... The strong contrast between his relaxed state and his mysterious identity made netizens speculate that Yusuf Dikec might even be a retired professional killer. Watching him compete gives people the feeling of "passing by the Olympics and shooting a few shots."
Turkish uncle Yusuf Dikec became famous overnight and quickly became known to netizens all over the world.
Of course, it couldn’t escape being quickly made into various memes:
It is a global hot topic and also has meme attributes. Isn’t this a “natural meme jewel”?
Yusuf Dikec’s sudden popularity has naturally attracted some attention from the crypto market. After the related concept coin $HITMAN was launched on the Solana and ETH mainnets respectively, it experienced the complete Memecoin journey from explosive growth to gradual return to zero in a short period of time.
The inherent meme attribute seems insufficient to support the long-term popularity of related concept tokens, but in a twist of fate, Memecoin’s permanent character Elon Musk also happens to be interested in this “pocket sharpshooter”. After Yusuf Dikec became popular, Elon Musk frequently interacted with him on Twitter. Yesterday, the two also had a conversation on Twitter and vaguely had the intention of meeting in Istanbul.
And the interaction between them seems not to have ended yet. This afternoon, after Elon Musk posted an AI-generated video about Yusuf Dikec on Twitter, the related concept coin $HITMAN soared, with the highest increase approaching 450%, and then gradually fell back.
From the popularity of a hot event to the rise and fall of related concept tokens, this set of processes is already familiar to Memecoin players. Of course, whether the token can successfully come out and become a real wealth code in the end is not determined by the temporary popularity.
The risk-return ratio of participating in Memecoin is already an old topic. To be honest, most players who participate in Memecoin speculation are well aware of the risks involved. It’s just that the stories of getting rich quickly are too tempting, and the potential excess returns may often make MemePlayers intentionally or unintentionally ignore the huge risks behind it.
Still want to strike gold in the meme wave? Then we have prepared some small suggestions for your reference:
Speed is king, but don’t be blind
The most intense PVP meme section often benefits those who are foresighted, but this does not mean that you should blindly rush into every new token. While acting quickly, you must also have basic judgment. Sometimes slow is fast.
Fund management is the key to survival
On-chain memes are more like a kind of "entertainment speculation". Blindly going all in may feel good for a while, but it is likely to only feel good for a short while, and recovering the money will be quite painful.
Pay attention to social media, but keep your thoughts independent
A single tweet from Elon Musk can trigger a surge in $HITMAN. Quick-thinking players may be able to benefit from the news, but there is only a small amount of useful information, especially for hot tokens. Various noises are rampant in social media. Don't be completely swayed by public opinion.
Enjoy the process, but don’t get addicted
It is exciting to participate in Meme PVP, and it is even more exciting if you can profit from it. But just like the plot in martial arts novels: it is exciting to swing a sword, but remember that the sword always follows the person, not the person follows the sword. Enjoy the fun of investing, but don't let investing affect your life too much.
The hype never stops, and crypto never sleeps. Although some opportunities are fleeting, the market is not short of opportunities, but risks always lurk on the other side of human nature.
After all, even if it is a well-known hot spot, tokens will not appear out of thin air. The wealth code in front of you may be a trap carefully constructed by people hiding in the dark, using profit as bait to eat up your principal.
