The closest thing to a hundred-fold or a thousand-fold excess profit is the meme sector. I understand these aspects! The next bull market will start at a hundredfold!
The role of meme in the encryption world is becoming more and more important. 1. Since meme was popularized by doge and shib in 2021, it has played a decisive role in the encryption industry and has become an indispensable part of the encryption world. In particular, the 500,000 times of shib and 400 times of doge have created many myths of wealth creation and new traffic in the currency circle. There was a real-life example around me who earned 10,000 times by holding meme coins. It can be said that meme coins were very popular at that time! According to My Token data, as of October 10, 2023, the current total market value of global cryptocurrencies is approximately 1.07 trillion, and the total market value of the meme sector is approximately 12.8 billion. After a bear market, memecoins like Shib and Doge have not only survived, but are still at the forefront of market capitalization, and have even performed better than some so-called value investment projects. The blockchain field is full of dense terminology and technical developments that are difficult for newcomers to understand. Meme coins provide a transition into the crypto industry for those who do not know much about cryptocurrencies. As a result, memes have become the culture of crypto users after 21 years. an important part of. Successful meme tokens are inseparable from these aspects: ① The social attribute is accompanied by the DAO model that has become popular with meme. It is an innovative decentralized, highly liberal and democratic, highly participatory, balanced community builder, Governors, development contributors, etc. can improve the blockchain protocol for project operation fairly and impartially; greatly improving the operational efficiency of the project itself! The intensity with which people engage in memes reflects the tension with the unfair treatment of traditional centralization. The meme structure subverts some unfair treatment from centralization (mainly that vested interests will not allocate their fair share to the majority of contributors in society, because the distribution power is not in their hands), and is thus enthusiastically pursued by people. , become your own ideological spokesperson and disseminator. ②Emotional FOMO If the emotions created by meme coins are reasonable, its ideas will be more likely to inspire users' emotional resonance. Before 21 years ago, everyone only knew that Dogecoin was a meme coin. After the rise of Shib in 2021, Floki followed closely, but this All were carried out with the help of Western empathic and loyal partners of mankind. Subsequent development gave birth to people-themed projects, which were triggered by the U.S. Declaration of Independence and the Constitution being written into the blockchain, as well as this year’s pepe, etc.;Looking back at these meme coins, there is no doubt that when they became popular, they were not always accompanied by emotional fomo! ③ Spread celebrity effect In the meme craze of 2021, Elon Musk can be said to be the number one contributor. He once promoted DOGE, SHIB, FLOKI and other MEME coins on Twitter. Every time he mentioned it, the currency price rose to varying degrees, creating The myth of creating wealth by 400 times for DOGE, 100,000 times for SHIB, and tens of thousands of times for Floki. ④After the spread of strategic deployment in the market, it must be carried out simultaneously with the developers' "ambition and great achievements". For example, when the market value increases or the market becomes popular, and the daily transaction volume doubles geometrically, the so-called hematopoietic sector will be launched one after another. , ecological fission, circulation attributes (for example, dog payment is accepted by many companies, and Shib’s ecology is now gradually advancing). The market value of meme coins usually has several stages: 5 million US dollars, 10 million US dollars, 100 million US dollars, 500 million US dollars. , more than 1 billion US dollars. When the market value is low: Except for the project party and the influencers who cooperate with several project parties, almost no one on Twitter discusses 5 million US dollars. When individual communities discuss it, several big Vs start to analyze and call for orders of 1,000 on Twitter. US$10,000: The project has increased several times or even dozens of times. Early players expressed profit-making remarks. Articles and YouTube videos explaining the project began to appear online. Some active communities understood and discussed the US$100 million project: Chinese Twitter, especially It is Weibo, and basically all active players in the currency circle are aware of the project, and it has started to be listed on second-tier exchanges such as Matcha, Open Sesame, and Bitget. Most projects reach their peak at this stage. 300 million U.S. dollars: Exchanges such as Binance and OKX announced their launch. Generally, larger meme projects will reach their peak market value within a few days after the exchange goes online (such as pepe). More than 1 billion U.S. dollars: all CEX and DeFi projects in the currency circle Exchanges are basically online; they are beginning to bring spillovers to non-native players in the currency circle. For example, Robinhood announced its launch, and celebrities such as Elon Musk even tweeted about it. At this time, the trading volume reached its peak, and those who were suddenly rich and those who were about to lose suddenly reached their peak! The best time to invest in meme is a complete bull market. The pattern of fund rotation in sectors is usually BTC - ETH and public chain/L2 - rotation of popular sectors - Web 3 infrastructure - GameFi/Metaverse - NFT - MEME coin/animal coin - the end of the bull market (the above is the rotation sequence of 21 years) Meme's craze often appears in the middle and late stages of the bull market. Most people make money in the bull market, the market sentiment is prone to fomo, and it will also bring many new players. and new money entering the market.Therefore, if you want to lay out meme projects with excess (hundred times, thousand times) returns, you can look for potential meme layouts in the early stages of the bull market and when BTC’s independent rise begins! #Tokenomics #DeFiMeme