Original author: TechFlow

Because of its fair launch and easy-to-understand inherent culture, Meme has always been a representative of the retail investor spirit.

Making the Meme rise is the common expectation and wish of crypto investors.

Of course, since the moment Meme was born, the debate surrounding Meme’s price and future trend has never stopped. But if you are bearish on Meme publicly, I am afraid it will lead to a big debate.

The impact of the last debate between a16z CTO and the community on the value of Meme has not yet dissipated. Last night, a trader @CryptoDonAlt with 550,000 followers posted a bearish tweet on Meme, which triggered a new round of debate:

DonAlt believes that the meme craze is over and the sector is about to experience a big crash. At the same time, he remains optimistic about the tokens of other sectors. Finally, with a hint of sarcasm, he gave "special advice" to the current meme players who are keen on hyping cat and dog themes.

DonAlt then explained why he is bearish on the meme:

  • There are already countless MEMEs

  • Thousands of new MEMEs appear every day

  • Many people believe the GME -> Meme rotation (which I think is really stupid)

  • The chart doesn't look good overall

  • Market sentiment is heavily bullish

In the current environment where meme hype has become somewhat of a "crypto-politically correct" discourse, DonAlt's "not so correct" remarks immediately aroused a chemical reaction among meme players.

Well-known Meme master Ansem (@blknoiz 06) quickly responded to DonAlt’s bearish view and showed a screenshot of cryptocurrency data over the past year:

Ansem pointed out that Memecoin is the only altcoin sector that has risen overall in the past year. He questioned DonAlt's choice to be short on MemeCoin and responded to the ridicule with a sentence "wait and see".

After responding, Ansem immediately posted a new tweet in support of Memecoin: "MemeCoin is currently in the acceleration phase, and there will be new MemeCoins worth billions of dollars like Pepe, Bonk and Wif in the future."

Ansem later described the discussion as "a war" through a funny meme.

Indeed, this is a battle to defend the value of Meme in the hearts of crypto players. Meme makes people see the wealth effect, provides more liquidity and more reasons for hype, and is easier to spread. It is natural that Ansem is the first one to be disappointed when all Meme categories are killed with one stick and publicly shorted.

As a KOL with great influence in the Memecoin community, Ansem's firm attitude of defending the value of MemeCoin has aroused positive responses from fans. Some fans even compared DONALT, which shorted Meme, to the Citron Fund, which shorted GME stock in early 2021, and compared ANSEM, which maintained the value of Meme, to the legendary player Keith Gill, who called on retail investors to unite on GME stock to resist the shorting of big Wall Street capital.

In response to Ansem's "declaration of war" and the fierce counterattack from meme players, DonAlt himself responded with a lighthearted attitude: "To be honest, I am not afraid of the criticism from your fans. Instead, I am more worried about the little accidents that may happen in life."

A pause in debate

It seems that no one can convince anyone in this war of words, nor will it affect the creation of a large number of new memes every day and the enthusiasm of degens.

After the direct confrontation between the two parties temporarily stopped, DonAlt and Ansem still insisted on their bearish/bullish positions on MemeCoin on their social accounts. DonAlt has been sharing his views on the bearish $WIF; Ansem firmly believes that there will be multiple MemeCoins with a market value of more than 10 billion US dollars in the market.

This is not the first time that MemeCoin has been debated by many, and it certainly won’t be the last. The core of the debate may not be about MemeCoin itself, but the spirit of freedom and the possibility of transcending classes that it represents are the key points that attract people.

The rise and fall of the currency price is a market law. You don't have to be too obsessed with short-term price fluctuations. If you are optimistic, hold on firmly. If you are not optimistic, sell and go. This is how trading should be done.

For the two parties at the center of this debate, although DonAlt and Ansem firmly stand on different positions, it does not affect their exchange of views in a relaxed and enjoyable way. As for retail investors, of course they hope that Meme can rise, so standing on Ansem's side is more like a choice determined by the position.

After all, if even Meme fails to recover, it may really mean the end of a crypto cycle.

Just like what happened between DonAlt and Ansem today, defending each other's positions means less swearing and more "LMAOOOOOO".