Meme coins are very popular recently. Let me talk about MEME.
1️⃣Web3 trend changes: the era of all crypto assets rising together is over.
2️⃣Meme super cycle: it has begun and will continue to develop.
3️⃣Reasons for the meme cycle
(1) Internal reasons: Web3 has a large surplus of tokens and oversupply. No one is willing to take over VC institutional coins.
(2) External reasons: changes in market sentiment and changes in the macroeconomic environment.
4️⃣Meme's cult culture: rapid spread. Meme is not only a financial asset, but also a community culture and belief. Emotions similar to "fanatic worship" form a strong sense of belonging.
5️⃣The importance of community drive: financial incentives and internal role division, meme is particularly dependent on the community mobilization capabilities behind it. Community members share information, create topics, and organize activities through channels such as social media.
6️⃣Market forecast for the meme track:
(1) The overall market value will exceed 1 trillion US dollars in the future, and it is currently 60 billion.
(2) There will be 2 markets with a market value of 100 billion and 10 markets with a market value of 10 billion.
(3) More VCs and even sovereign institutions will enter the market to deploy memes.
