Someone asked: Why do Meme coins attract so many people?
My answer: Meme coins that are taken over and run by the community after the original team leaves are generally called CTOs (community takeovers) in the industry. The value of a Meme coin largely comes from consensus: the more people willing to discuss and hold it, the more buzz it generates; conversely, once everyone leaves, it’s hard for the price to hold.
$DOGE 0.06381（-5.04%）
If you get it, type 1. If not, leave a comment and ask away.
My answer: Meme coins that are taken over and run by the community after the original team leaves are generally called CTOs (community takeovers) in the industry. The value of a Meme coin largely comes from consensus: the more people willing to discuss and hold it, the more buzz it generates; conversely, once everyone leaves, it’s hard for the price to hold.
$DOGE 0.06381（-5.04%）
If you get it, type 1. If not, leave a comment and ask away.