From Musk’s call for Doge, to AXS bringing a large number of people out of the circle, to NFT out of the circle.
The most significant feature of these three sectors is speed.
Memecoin pulls the market quickly and transmits emotions quickly.
The flywheel of gameFi is spinning, rising and dying quickly.
NFT liquidity is limited, the offer is fast, and the withdrawal is fast.
The market participants who have been trained in this way have also solidified their demand for investment. It’s new and fast. Value coins? Sorry, not trained.
And they brought more people who were like this. In addition, in the currency circle where bears are long and bulls are short, the vitality of earth dogs is significantly higher than that of value coins.
Moreover, Leek has awakened and discovered that some valuable coins are not as good as a native dog.
As one goes and the other goes, memecoin gradually becomes a sector. It is faster and more direct than gameFi. It has better liquidity than NFT.
In addition, in the Internet society with the rise of short videos and sales promotion, people pay more for fast-paced and direct supply. Quick sales, quick orders and spread of orders have become the mainstream.
This is reflected in the investment logic of the currency market, and this is especially true for memcoin, which is selling quickly and experiencing violent losses.
People who are new to the cryptocurrency industry like to embrace the most direct and quick emotional value (making big or losing money). If you're not making a contract, you're fighting a local dog.
Value coins, too slow. If holding a position for a day doesn't give me any emotional value, I want to break up.