In fact, in the past few years since I entered the circle, the most retail investor stories I have heard are almost all from meme coins, not from BTC.

For example, I started with EOS, the meme coin at the time; many people in China entered through Shiba; and overseas through Dogecoin. In the last bull market, BSC (Binance Smart Chain) also attracted a large number of people. Last year, many people, especially aunts, entered through Ordinals, although this is essentially the way to play meme coins.

In this round of bull market, many celebrities and people from traditional industries entered through pumps, especially meme coin players. To be honest, 90% of the coins in the VC circle are scams. They are packaged and told a story, but they are not as pure as meme coins.

Recently, even the anti-thieves have come, and everyone has started to discuss meme coins. What is the trend? The popularity of meme coins is ultimately because, except for BTC, other so-called application coins in the currency circle are not as eye-catching as meme coins. Of course, I exclude those projects that are really doing things, such as those that contribute to the crypto circle. The rest, basically 90% are garbage.

However, think about the garbage coins we have in our hands, haha, since everyone is playing with it, we might as well just laugh it off.