Original text: "Meme is empty? Ansem, the leading single master, and 500,000 fan KOLs debate the future of Meme"
Written by: TechFlow
Meme has always been a representative of the spirit of retail investors because of its fair launch and easy-to-understand culture.
Letting Meme increase is the common expectation and wish of CryptoLeeks.
Of course, from the moment Meme was born, the debate surrounding Meme's price and future trends has never ended. But if you are openly bearish on Meme, I am afraid it will lead to a war.
The impact of the last debate between a16z CTO and the community about the value of Meme has not dissipated. Last night, a tweet by @CryptoDonAlt, a trader with 550,000 followers, who was short on Meme triggered a new round of controversy:
DonAlt thinks the meme craze is over and the sector is about to plummet. At the same time, he remained optimistic about the tokens in other sections, and finally used a slightly sarcastic tone to offer "special advice" to Meme players who are currently keen to hype the cat and dog theme. Later, DonAlt explained why he was bearish on the meme:
1/There are already countless MEMEs 2/Thousands of new MEMEs appear every day 3/Many people believe in the GME -> Meme rotation (in my opinion this is very stupid) 3/Look at the overall chart Doesn’t look good 4/Market sentiment is heavily biased towards the bullish side
In the current speech environment where Meme hype has become a kind of "encrypted political correctness", DonAlt's "not-so-correct" remarks immediately aroused a chemical reaction among Meme players.
The well-known Meme call master Ansem (@blknoiz06) quickly responded to DonAlt’s bearish view and showed a screenshot of cryptocurrency data over the past year:
Ansem pointed out that Memecoin is the only altcoin sector that has risen as a whole in the past year, questioned DonAlt’s choice to bet on MemeCoin, and responded to the ridicule with “We’ll see.”
After fighting back, Ansem immediately issued a new tweet in support of Memecoin: "MemeCoin is still in the acceleration stage, and there will be new MemeCoins worth billions of dollars like Pepe, Bonk and Wif in the future."
Later, Ansem described the discussion as "a war" through an interesting meme picture.
Indeed, this is a battle to defend the value of Meme in the hearts of crypto players. Meme allows people to see the wealth effect, gives more liquidity, more reasons for speculation, and is easier to spread. If it kills all Meme categories with one stick and publicly pessimizes it, Ansem will naturally be the first to stand it.
As a KOL with great influence in the Memecoin community, Ansem's attitude of resolutely defending the value of MemeCoin has aroused positive responses from fans. Some fans even compared DONALT, which was shorting Meme, to Citron Fund, which was shorting GME stocks in early 2021. ANSEM, who defended the value of Meme, compared it to the legendary player Keith Gill who called on retail investors to unite on GME stock to resist short selling by Wall Street's big capital.
Regarding Ansem's "declaration of war" and the fierce response from Meme players, DonAlt himself responded with a relaxed and cheerful attitude: "To be honest, I am not afraid of the verbal criticism of your fans, but more worried about the small accidents that will occur in life."
Debate paused
This war of words seems to convince no one, and it will not affect the generation of a large number of new Memes every day and the enthusiasm of degens.
After the direct confrontation between the two parties temporarily stopped, DonAlt and Ansem still insisted on their short/long positions on MemeCoin on their social accounts. DonAlt has been sharing his views on being bearish on $WIF; Ansem firmly believes that there will be multiple MemeCoins with a market value of more than 10 billion US dollars in the market.
This is not the first long-short debate about MemeCoin, and it certainly won’t be the last. The core essence of what people are arguing may not lie in MemeCoin itself, but the spirit of freedom and more possibilities across classes represented behind it are the key points that attract people.
The rise and fall of currency prices is the law of the market. There is no need to be too rigid about short-term price fluctuations. If you are optimistic about it, hold it firmly; if you are not optimistic about it, sell it and leave. This is how trading should be.
For both sides at the center of this debate, DonAlt and Ansem take firmly different sides, but that doesn't stop them from exchanging insights in a lighthearted and enjoyable way. As for retail investors, of course they hope that Meme will rise, so siding with Ansem is more like a decision based on position.
After all, if even Meme fails to recover, it may really mean the end of an encryption cycle.
Just like DonAlt and Ansem today, defending each other's positions means less swearing and more "LMAOOOOOO".
This article is reprinted from "Deep Wave TechFlow" with permission
This Article Has Meme Coin Market Peaked? Well-known overseas KOLs are debating the future of meme coins from afar. First appeared on Zombit.
