The rise of meme coins

Liquidity expansion is the foundation: MEME was born in the bull market, and the explosion of coin prices is often accompanied by the expansion of US dollar liquidity. Celebrity effect is the best boost: Whether it is Shib or Doge, the explosion of picture-based MEMEs has the help of celebrity effect, such as Musk. MEME echoes spiritual appeals: from zoo pictures, Internet memes, to AI MEMEs, they all imply the most communicable spirit of the times at the time, and the inherent emotional appeals they contain are becoming richer and richer. The survival cycle is rapidly shortened: With the rise of meme fair launch platforms such as Pump.fun, coin issuance has entered the minute level, and the life cycle has also entered the hour level.

The era of Doge's rise is the era of the post-90s generation, which has basically entered the era of smartphones, and the communication methods of pictures and Emoji have become popular;

In 2020, we have entered the era of the post-00s generation. Playing memes on the Internet has become a basic operation, but compared with the post-90s generation, depression and lying down seem to be more common, but they are also more anti-authority and anti-elite. They like funny and absurd things, such as PEPE; in 2024, AI is the most cutting-edge technology and the most disruptive technology today. The post-00s generation is still the main force of this wave. When the post-80s generation is still questioning the future of AI, the post-00s generation has begun to use AI to make money. They seem to have quickly accepted the change with the most forward-looking technology leaders of this era. With the rise of meme fair launch platforms such as Pump.fun, 5k-10k MEME tokens are born every day. Statistics in October show that only 1.4% of users have earned more than $1,000, and more than 80% are losing money.

At this point in time, there are many discussions about the MEME market, and its corresponding foothold and theoretical explanation can be found from the perspectives of culture, contemporary sentiment, and communication effects. However, no matter which angle, a definite conclusion is that: MEME is not suitable for measuring its value from the practical perspectives of utility and practicality. This is a narrow understanding of value itself. Under the irreversible trend of currency over-issuance, it is the era that has chosen MEME, but blockchain is the best soil for carrying it.