Yesterday, I had a chat with a big shot
Why are some large secondary retail investors keen on trading MeMe in the primary market, which has soared to tens of billions of dollars, instead of trading fully circulated tokens in the secondary market or tokens like USTC that are bankrupt yet have interesting and deflationary characteristics?
He answered me, otherwise, how would you call them leeks~
In my mind, the Mee token must have an element of fun, a unique culture, long-term artistic value, and consensus. The bankrupt segment possesses MeMe attributes, especially bankrupt tokens with deflationary characteristics.
Doge has a 'jokey nature', and bankrupt tokens fit into a huge narrative: the comeback of the losers, anti-elite culture, including the founder being arrested and decentralization. I believe bankrupt tokens can meet the current market needs, countering VC, founder arrests, and the concerns of unlocking and circulation.
If I really had to choose a quality MeMeCoin in the current market, I would side with bankrupt tokens. This element of fun is far more persuasive and attractive than the MeMeCoin that was fairly launched in this year's market; perhaps bankrupt tokens will become a super strong narrative cycle, fully embodying the attributes of a quality MeMeCoin.