$PEOPLE made me feel that the value has returned. It was brilliant when it debuted, and it was the weakest in the bear market. I once doubted whether the bull market would be very strong, but I never thought that it would become more and more powerful now.
It made me realize the importance of scarce top IP. The name and meaning of PEOPLE are irreplaceable in MEME coins.
After DOGE, there is $SHIB , and after SHIB, there are a lot of animal coins, but they are all the same as SHIB, so they are just simple imitations. Those who once followed the glory have become silent.
Later, PEPE became popular and now it has become the third largest MEME coin in market value. PEPE has created a new name, and its avatar is a frog. WIF is a Shiba Inu wearing a woolen hat, with a market value of 4th. FLOKI is a Shiba Inu with horns [doge], which was originally born because Musk tweeted that his Shiba Inu would be called FLOKI. These two coins are considered followers of SHIB. In terms of nature, they can also be considered as copycats of SHIB, so the time is longer, and I am not very optimistic.
The MEME coin created by BONK for the revitalization of SOL is of great significance. It is not just an animal. Its market value has been surpassed by the latecomer WIF, but I am still more optimistic about BONK's position. It is the spiritual leader of the SOL chain MEME.
Finally, I want to talk about inscriptions. As a token that inherits the fair distribution of MEME, it first created the Bitcoin ecosystem, which is a milestone. Therefore, inscriptions are also a kind of MEME culture, but they are special. As the pioneer of blockchain, the first largest market value BTC ecosystem, inscriptions are born with unparalleled imagination. It's just that it was born late and is not as recognized as ordinary MEME, but I believe that the scale of inscriptions will not be lower than that of Ethereum ecosystem MEME. $ORDI and SATS are irreplaceable. This is back to the value logic of the top scarce IP I mentioned at the beginning.