In my eyes, the MEME in the cryptocurrency space has at least undergone two iterations, entering the 3.0 era.
At first, it was the MEME coins represented by DOGE and SHIB. These types of coins experience a lot of deep washing and turnover during their development. The three essential elements of MEME: propagation frequency, propagation loss, and longevity are all top-notch. They are the most perfect MEME. 💕
The 2.0 era features TROLL and BOME. Due to the wealth creation myth of MEME cultivating user habits, MEMEs in the 2.0 era rose rapidly, with very little washing. Exchanges, in order to acquire users, quickly launched coins, further accelerating this process. They often experienced long periods of washing, even nearing death. In this phase, the ones manipulating the market are those with a long-term understanding of MEME in the cryptocurrency space, capable of executing large-scale marketing events, and focusing the attention of the cryptocurrency community. ❤️
The 3.0 era is quite special. The zoo coins from the 1.0 era and the hot coins from the 2.0 era have finally flourished in the 3.0 era. This is because the wealth creation myth of MEME further cultivates users, and the lack of VC coins' wealth creation effect has led in-market players to focus their attention more on MEME topics.
Retail investors have lost patience in building and promoting MEME communities, and there is no longer time for washing. The rapid rise or death in the short term is more evident. The market is similar to breeding poisonous insects, with traffic showing a dispersed state year-round, but this also indicates that the top of the cryptocurrency space, like Musk's aggregation effect on traffic, will become more pronounced. 🈹
Various skilled market manipulators have also entered the market simultaneously, giving rise to gameplay changes such as PUMP, optimizing market manipulation, and continuously generating blood for the MEME ecosystem.
