Author: Revc
Today, a project called RPS GameFi surged to the top three on the Dexscreener daily growth list, attracting massive funding attention in a short time, with a 24-hour trading volume reaching $100 million and a market cap once soaring to $500 million, but then quickly falling back, with liquidity in the pool rapidly decreasing to $3.7 million, revealing liquidity issues.
In the crypto world, where there is a wealth effect, there is a flow of funds. The trend of project tokens becoming MEME-ified has arrived. While experiencing FOMO, it is also necessary to be wary of the market frenzy that could trigger a collapse risk.
RPS GameFi
RPS GameFi is a blockchain gaming platform based on Solana, combining the game of Rock-Paper-Scissors with blockchain technology, providing players with a 'foolproof' gaming experience. Currently supported by the dual concepts of MEME and Telegram, RPS GameFi's market cap reached a peak of $500 million within just a few hours after launch, before falling back to around $150 million.
Core Gameplay and Mechanics
PVP and PVE Modes: Players can compete against other players or challenge AI.
Reward Mechanism: Winning players can receive PRS tokens, NFTs, and other rewards. At the same time, blockchain-based smart contracts ensure the fairness of game rules.
PRS Token Economics
Limited total supply: The total amount of PRS tokens is 100 million.
Token Use: Tokens can be used for in-game rewards, community governance, etc.
Inflation Control: Prevent excessive inflation through a clear distribution mechanism.
Will Telegram & MEME create a flywheel effect?
Currently, mainstream MEME themes include zoo themes (hippos), Musk themes (Doge, Mars City), DeSci, and social hot topics (Pnut). The huge user traffic on Telegram combined with MEME will spark what kind of synergy? From the performance of the RPS GameFi token, there are signs of institutional and community support, but the combination of TG and MEME cannot be ruled out. Perhaps, against the backdrop of ample liquidity in a bull market, it will give rise to new models, similar to AI Agents. Market funds are fervently chasing new concepts and MEME assets.
The combination of Telegram games and Solana can leverage Solana's high performance and low cost advantages, while also ensuring the transparency and fairness of game rules through smart contracts. However, the mechanism and experience of TG games are still relatively 'simple and brainless,' likely ending in short-term speculation.
Summary
RPS GameFi, supported by the dual concepts of Telegram traffic + MEME launch, reflects the trend of MEME-ified issuance of project tokens, but the long-term value support has yet to emerge, and investors need to view it calmly.
