Author: Revc

Today, a project called RPS GameFi surged to the top three in the Dexscreener daily growth list, attracting massive capital attention in a short time, with a 24-hour trading volume reaching $100 million, and a market cap briefly soaring to $500 million, but then quickly falling back, with liquidity in the pool rapidly decreasing to $3.7 million, revealing liquidity issues.

In the crypto world, wherever there is a wealth effect, there is a flow of funds. The trend of memeification of project tokens has begun, and while FOMO is present, one must also be wary of the risks of market frenzy leading to a crash.

RPS GameFi

RPS GameFi is a blockchain gaming platform based on Solana, combining rock-paper-scissors with blockchain technology to provide players with a 'fool-proof' gaming experience. Currently, supported by both MEME and Telegram concepts, RPS GameFi reached a market cap of $500 million within just a few hours of launch, then fell back to around $150 million.

Core Gameplay and Mechanics of the Game

  • PVP and PVE Modes: Players can battle against other players or challenge AI.

  • Reward Mechanism: Winning players can receive PRS tokens, NFTs, and other rewards. At the same time, blockchain-based smart contracts ensure the fairness of the game rules.

PRS Token Economics

  • Limited Total Supply: The total supply of PRS tokens is 100 million.

  • Token Use: Tokens can be used for in-game rewards, community governance, etc.

  • Inflation Control: Prevent excessive inflation through a clear distribution mechanism.

Will Telegram & MEME create a flywheel effect?

Currently, mainstream meme themes include zoo themes (hippos), Musk themes (Doge, Mars City), DeSci, and social hot topics (Pnut). The massive user traffic on Telegram combined with MEME will spark interesting interactions. From the performance of RPS GameFi tokens, there are shadows of institutional and community support, but the combination of TG and MEME should not be ruled out. Perhaps in a bull market with ample liquidity, new models will emerge, just like AI Agents. Market funds are fervently chasing new concepts and MEME assets.

The combination of Telegram games and Solana can leverage Solana's high performance and low fees, while smart contracts can ensure the transparency and fairness of game rules. However, the mechanics and experience of TG games are still quite 'simple-minded' and are likely to end in short-term speculation.

Summary

RPS GameFi, backed by Telegram traffic + MEME launch, reflects the trend of memeification in project token issuance, but long-term value support has yet to emerge, and investors need to view it calmly.