With the influence of market fluctuations, geopolitics and the US political election, Meme has once again become the "topic center" of the crypto market with its advantages of "abstractness and wealth-creating effect". Different from the previous "zoo" market, the current Meme has some practical significance as a symbol of spiritualism.

From the recent controversial Neiro, to the passionate SPX call of Meme Godfather Murad, to the magical coin Goat born from the autonomous dialogue of AI Bot, more and more market attention has been shifted to the Meme sector. Data shows that the search volume of Memecoins on Google is 77/100, which has exceeded the search volume of BTC. Although the overall market environment is relatively sluggish, the popularity of Meme has remained high and there is no sign of slowing down.

Murad, the new Meme Godfather, on his road to becoming a "God"

Every era needs its own spiritual leader, and the same is true in the Meme field.

If Musk, the world's richest man who promoted Dogecoin in the last round, is an old-school Meme missionary, then Murad is a new generation of super Fomo who advocates cult culture.

Murad was not a well-known KOL in the crypto circle before, and even went bankrupt during the "312" incident. However, with his "Renaissance" of Meme speeches and his wonderful speech on the "Super Meme Cycle" at the Token2049 conference, he became famous overnight.

Murad previously claimed: "The reason for the arrival of the Meme coin super cycle is that investing in Meme coins is a matter for everyone. The more enthusiastic people are about investing, the more prosperous assets such as Meme coins will be."

This wave of Meme fever has been continued by the market for nearly a week. Murad is also known as the new spiritual leader in the minds of retail investors. Even Andrew Kang, co-founder of Mechanism Capital, was fomoed and believed that "Murad's speech at Token 2049 catalyzed the next wave of capital reallocation into Meme coins", triggering a chain reaction from zoos to emoji 🧲. Meme culture has become a short-term flow of funds and has become increasingly abstract.

How to play Meme and become an excellent diamond player

Although the "huge rotation" narrative from technology stocks to memes is still struggling, it is undeniable that memes are becoming more and more popular in the crypto market. Even Vitalik Buterin, BitMEX co-founder Arthur Hayes, and market maker Gotbit have joined the invisible race to run fast.

How to benefit from this round of meme craze has become a hot topic in the market. Security, narrative stories, and community are the three major elements of meme hype. As a retail investor, the first thing is to avoid the on-chain rug, so following the meme listing of the second-tier trading platform is a good choice. The following uses SPX, which helped Murad achieve a 79-fold return and a profit of nearly 30 million US dollars, as an example to track on-chain and off-chain data.

We compared the launch time of several trading platforms and drew a relevant time period table based on the launch time. The details are as follows:

Taking LBank, which has the most complete Meme transactions and frequent Golden Dogs, as an example, the price of Meme SPX reached $1.1081 on October 15, which means that Murad's SPX assets reached a maximum of $11.35 million, and the maximum unrealized profit was about $11.25 million, with a return on investment of about 11,489.82%. As of writing, the price of SPX has fallen back to $0.62.

The same is true for the recently popular AI concept Meme GOAT, which received $50,000 worth of Bitcoin due to a conversation with a16z founder Marc Andreessen. It was created in pump.fun. Andy, the developer of the AI ​​bot, said that "AI talking to each other is a wet market for the spread of Meme viruses."

Tracking the time of its listing on the chain and on the exchange, we can easily find that LBank has a strong ability to capture Gem Memes. It is also one of the earliest exchanges to list Goat. It is basically ahead of others in the meme race, and the selected Gem Memes also have a wealth effect. As of October 16, GOAT has risen by more than 6,100% since its listing on LBank, and the price is currently reported at US$0.27.

Community and belief are the core of Meme

When the market is flooded with too much information and liquidity is occupied by the heads, the world we live in becomes a huge "besieged city".

Murad emphasized that the real driving force behind the tokens lies in the community. He believes that a strong community is like a "fanatic group" in which the loyalty and enthusiasm of members for the tokens can effectively reduce the circulation of tokens, forming the so-called "diamond hand" effect. This strong cult culture prompts them to resonate with the tokens and gradually penetrate them, turning from short-term high-frequency traders into long-term holders.

Murad predicts that by mid-2025, more outstanding meme coins will be listed on centralized exchanges, which will further promote their liquidity and acceptance.

In fact, centralized exchanges such as LBank, KuCoin, BitMart, and HTX are accelerating the pace of listing Meme coins and have achieved good market growth expectations. Take LBank as an example. According to official data, it launched a total of 50 Meme coins in the third quarter of 2024, of which 28 had the highest increase of more than 200%, 14 had more than 500%, and 9 had more than 1,000%.

Murad also gave his own predictions about the future development of Meme Coin. Future Meme projects will gradually shift from simple funny images and animal themes to more complex and serious content. He believes that Meme Coin actually represents the "tokenization of the community", and Meme coins related to various concepts may appear in the future, including tokens related to each word, number, sentence, etc.

No matter how the Meme changes in the future, it is certain that the vast majority of crypto markets with limited liquidity are PVP games. Instead of conducting early tracking and multi-factor analysis on the chain, it is better to follow the current CEX and become the best escaper in the midst of the hustle and bustle!