Is there anyone here who has long-term experience in investing in projects and has successfully participated in the birth of a meme token? These projects had no value support in the early stages and were purely based on emotions, but they became popular coins in the market due to a very occasional opportunity.
For example, Doge in the past, Shib in 2021, and Pepe this year are all extremely typical successful meme coins.
In the past, I actually looked down on MeMe because I thought that a coin must have something to support its rise. I have been involved in crypto for many years. In 2017, MeMe was called an "air coin," and later it was called a "shanzhai coin" or a "tugou coin," until recent years, it was called MeMe coin.
But they mean the same thing, and only successful MeMe is like a meme, and only successful ones are called MeMe. #DeFiChallenge
As I mentioned above, I didn't think much of it before, which means that now I can understand this concept. I even believe that MeMe coin is the true DeFi!
Why do I say that? Think about the most direct explanation of DeFi. Isn't it completely decentralized finance without any subject? It is a real C2C capital game.
MeMe coin is like that because their distribution mechanism is often extremely fair. After going online, it is a very pure decentralized capital game that does not involve very complex infrastructure values.
1.The composition of a successful MeMe token
It can be said that a perfect MeMe coin is composed of two major elements:
A story that is easy to spreadCrazy market sentiment
These two points are the core of driving meme tokens to cover the entire market, and the subsequent price increase is just a manifestation of triggering market "fomo."
Therefore, you can roughly see that a successful MeMe is very accidental and is a very typical representative of DeFi, even the purest DeFi.
Moreover, how can we deny that #BTC in the early development stage was not an early MeMe?
It's just that BTC has achieved consensus globally. After all, if you are more familiar with the industry, you must know a fact: BTC is not the first cryptocurrency!
2.Don't invest in MeMe for the long term
I have to say that MeMe, as an emotional "DeFi," is destined to not have long-term investment/holding value!
Because market sentiment is often difficult to sustain, what we need to do is just leave at the right time.
If your "faith" is strong enough, you can also buy back in the lower-priced bear market. MeMe coin is the most faith-requiring and faithless track. Investors who choose to leave selectively or cut their losses actually have very firm "faith."
Emotions and token design are the core of MEME token's spread and dissemination, but timely exit is the primary choice to ensure your profits!
3.Knowing how to observe emotions
As a pure DeFi, observing community sentiment is the first indicator for leaving MeMe: buy when no one cares, sell when everyone is excited.
This sentence should become the motto for participating in MeMe tokens (and even many so-called valuable DeFi projects, we should do the same). This will not only bring us profits but also give us enough opportunities to collect cheap chips!
Please tell me in the comments about your most successful MeMe participation!#DeFiMeme

DeFi Crypto's Big Funny Thing: The Rise of the MemecoinThe world of DeFi crypto is full of strange and wonderful things, but one of the funniest things to have come out of it in recent years is the rise of the memecoin.Memecoins are cryptocurrencies that are based on memes, internet jokes, and other popular culture references. They often have no real-world utility and are created mainly for speculation or to make a point.One of the most famous memecoins is Dogecoin (DOGE), which was created in 2013 as a joke. DOGE quickly gained a following online, and its price skyrocketed in 2021, thanks in part to support from Elon Musk.Another popular memecoin is Shiba Inu (SHIB), which was created in 2020 as a parody of Dogecoin. SHIB also experienced a meteoric rise in price in 2021, and it is now one of the most valuable cryptocurrencies in the world.Other notable memecoins include Banano (BAN), Safemoon (SAFEMOON), and Dogelon Mars (ELON).The rise of memecoins is a funny thing because it shows just how far the world of DeFi crypto has come. In the early days of crypto, most projects were focused on serious real-world applications. However, memecoins have shown that there is a large demand for fun and whimsical crypto projects as well.Of course, memecoins can also be very risky investments. They are often highly volatile and can lose value rapidly.However, for investors who are willing to take on the risk, memecoins can offer the potential for huge rewards.Here are a few reasons why memecoins have become so popular:They are fun and whimsical. Memecoins are often based on popular culture references and jokes, which makes them appealing to a wide range of investors.They are relatively cheap to buy. Most memecoins are priced at a fraction of a penny, which makes them accessible to investors of all income levels.They have the potential for huge rewards. Some memecoins have experienced massive price gains in a short period of time.However, it is important to note that memecoins are also very risky investments. They are often highly volatile and can lose value rapidly. Additionally, many memecoins have no real-world utility and are created mainly for speculation.If you are considering investing in a memecoin, it is important to do your own research and understand the risks involved.#DeFiChallenge #DeFi #DeFiMeme $BTC $XRP $BNB #BTC