🎯 Why is#Memecointhe focus of the market? 🎯

In this round of market cycle, new coins with "low circulation/high FDV" structure emerge in an endless stream, but they do not bring good expectations after they are launched. Refer to the new coins recently launched by #Binance, but then also issued an announcement calling on medium-sized projects to apply for listing to alleviate the problem.

After a period of observation and data collection, I call this cycle a "cultural cycle", in which the "uprising" wave of memecoin is dominant.

🙅‍♂️ As a counterattack against value coins, users have turned to memecoin. The reasons for this phenomenon include:

1. The flood of new coins: liquidity and market attention are distracted.

2. Low market value/high FDV structure: weak price performance after listing, price difference and fully diluted market value affect buying sentiment.

3. The return of Roaring Kitty: It has stimulated the enthusiasm of small investors.

MEME = The biggest attention driver, about the characteristics of Memecoin:

1. No fundamental analysis (FA) required: No need for complex fundamental analysis, eliminating psychological barriers when buying/selling.

2. Simple and clear: easy to understand and attract, can quickly stimulate market sentiment and FOMO (fear of missing out).

3. MEME community culture: fair issuance + simple story + transparency - interesting and community-centric. $BRETT $MEW $MAGA $DOG $PEPE $FLOKI

⚒ Most people do not actually have a technical foundation. These people mainly rely on leaders (KOL, VC, news, etc.) to guide them, so most of them will not make their own research to make a buying decision.

Memecoin is simple and straightforward, leaving only cultural factors → interesting enough to trigger hype → enough hype to cause FOMO emotions → buying decisions become easy.

→ Looking back at all the projects that have successfully attracted users, 100% of them have memecoins worth billions of dollars. This formula will continue to work, and meme will always be the dominant force in the cultural cycle. ✊

📑 The major ecosystems begin to understand this principle, and there will be two actions:

1. Issue meme to attract users.

2. Accept the fate of becoming a "death chain".

🧑‍💻For investors:

1. In addition to paying attention to the already successful #ETH, #Base, #Solana, look for major meme opportunities in emerging ecosystems:

- #Fantom: Sonic memecoin season starts in June.

- #Linea: Meme symbol $FOXY.

- #zkSync: Meme symbol Zeekcoin $MEOW.

It should be noted that a major chain can also form its own meme culture, such as $NEAR, which is called a "tech memecoin" by the community.

By understanding and grasping the cultural characteristics of memecoin, we can better predict market trends and investment opportunities, and ensure that we occupy a favorable position in this "cultural cycle". 🙏🙏🙏