Early bets on meme assets are essentially a form of gambling. What is being bet on is not logic, but rather unquantifiable narratives, emotions, and the strongest community consensus.
The key to this round of the meme track is: when traditional pricing models supported by venture capital fail, how to find those meme assets that can self-generate pricing logic, as well as those overlooked grassroots developers.
For memes, narratives cannot be formalized; the truly important variables are people and emotions. The value of a meme lies in its natural growth from consensus, rather than the labels assigned by the outside.