What are the main lines in the current MEME coin market?
In this round of the bull market, I have noticed some obvious trends and a core logic.
The core logic is that the production methods of tokens in the crypto space are changing, and this change has brought about new wealth effects, especially in on-chain Meme assets.
This phenomenon is similar to the DeFi craze of the last bull market.
Currently, there are 4 main lines in the MEME market:
The first line is the political line: this line mainly revolves around Musk and his Dogecoin, as well as the Meme tracks that overflow from Doge to exchanges. Representative projects include PNUT, DOGE, etc.
The second line is the economic line: the lifeblood of the US stock market is in the development of AI technology, which corresponds to the AI + MEME track in the crypto space. Representative projects include ACT, GOAT, etc.
The third line is the Binance line: the recently popular DeSci track is highly regarded by CZ, and is primarily invested in by Binance. So when looking at the DeSci narrative, just hold on tight to Binance and CZ's leg.
The fourth line is MEME coin infrastructure: Solana and some public chains riding the MEME wave make up this line. Representative projects include SOL, SUI, etc.
This is also the reason why SOL has been performing so strongly recently.
