The Madman says…
Before the internet, all items were physical and corporate, and their value could be assessed with the naked eye. For each brand's value, people provided pricing through market competition. For example, the same scarf is worth a lot if it has an Hermes label, but not if it has a generic label. Traditional companies enhance their image and value through marketing and brand packaging, eventually gaining the trust of the public over time.
After the internet, the world is becoming increasingly virtual. With the addition of blockchain and AI, the trend of the global digital economy has become more and more evident. For governments, the benefits are self-evident; everything is transparent, it is difficult for anyone to do evil, and management becomes more convenient. Therefore, the digital age will further change the world. As cryptocurrencies are products of the digital age, if we compare tokens to traditional imagery, you can think of them as companies, calculating their valuation and potential. For MEME coins, their existence is inherently elusive, and their brand value is determined by the people packaging them. How the story is written, the consensus people have about the story, and whether it resonates will determine the height of MEME coins.
This is a trend of changing the soup but not the medicine, and it will continue in the future. In the Web 1.0 era, we wrote old stories as blogs, expressed personal views, gained traffic, and made money. In the Web 2.0 era, we turned old stories into videos and made money. In the Web 3.0 era, we attributed old stories to cryptocurrencies, creating traffic and value.
As for MEME, consider it just the beginning. More stories will emerge in the future, but undoubtedly, the oldest and time-tested ones will last longer, and their market value will reach new heights. For the next cycle, the Madman believes it will be the cycle of AI, especially with the emergence of AI Agents, which may very well be the new sector for a large-scale explosion in the next cycle. It is too early to tell stories now; it still needs a cycle of verification. Waiting for the bear market when no one is paying attention might be more cost-effective for deployment.
Today, the garbage coins began to appear on the rise list, which can be described as an explosion of emotion, trading close to the peak position. When the public is in a frenzy, it's time to take a cold shower and calm down.
Whether Bitcoin is crashing or slightly declining, the small coins seem to be unaffected at all, which is another manifestation of emotional explosion. It is hardest to escape the peak when the public is in a frenzy because missing one day's volatility could mean missing a month's rise. However, when real risk arrives, that is when the cries are everywhere. In just one or two days, one can wipe out the rises of the past week. Everyone has their own scale in their hearts: is it about picking up these crazy small coins believing they are not the last stick, or is it about being full and leaving quietly?
I am a risk-averse person. When such emotions arise, I will tidy up my accounts, throw away some completed recovery garbage, and choose to leave quietly, keeping the coins that still have value in my heart. After all, in the long run, 90% of small coins will go to zero. Therefore, on the path of long-termism, leaving quietly at any time is correct; one just needs to choose a space that feels comfortable. In my experience, the current market often recedes within a week. As for the specific day, I don't know either. So, let's look back at this crazy world after a week.
Statement: The article only represents the author's personal views and opinions, and does not represent the views and positions of Block客. All content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and trades; the author and Block客 will not bear any responsibility for any direct or indirect losses caused by investors' trades.
"[The Madman says trend] When trading approaches peak positions, the market often recedes within a week" was first published on (Block客).