IQ50: CZ's "anti-meme" remarks caused the meme coin market to crash;

IQ100: Although CZ's "anti-meme" remarks and the crash of the meme coin market occurred sequentially, it does not exclude the possibility of coincidence. The crash of the MeMe coin market should be more related to short selling MSTR by Xiangchuan, the adjustment demand after overheated trading, and a decline in market risk appetite;

IQ150: The fundamentals of the MeMe coin are community and market sentiment. With the new moon 🌑 approaching, a key moment when collective human sentiment turns down, CZ's "anti-meme" remarks were the trigger point for the crash of the MeMe coin market.