In the past six months, the cryptocurrency industry has undergone a round of self-purification and reconstruction, which is an inevitable phenomenon when an industry develops to a certain stage.
Compared with the traditional market, the difficulties and bottlenecks faced by the cryptocurrency industry are more rapid, and its evolution is more efficient.
Once there is a lack of new narratives in the circle, a phased industry narrative vacuum will appear. In my opinion, the current MEME market is more like a phased performance under a specific time environment.
Personally, I think the biggest feature of MEME is emotion. When the industry is pessimistic, we can only play MEME to relieve anxiety and pressure; when the industry is optimistic, we will still choose to play MEME.
Therefore, the outbreak of MEME often appears in the early and late stages of the bull market, and both time stages are amazingly attractive.
In this industry, when there is no way out, playing MEME seems to be our only choice. And when the market sentiment is high, MEME can also become an additional investment channel.
Therefore, whether the market is pessimistic or optimistic, MEME has its unique value and significance. Therefore, for cryptocurrency practitioners, understanding and grasping the characteristics of MEME market will help them to respond to market changes more calmly and obtain more investment opportunities.
In this volatile cryptocurrency world, we might as well embrace MEME and perceive the pulse of the market with emotions. Perhaps this will help us better grasp investment opportunities