MEME coins are driven by market sentiment, usually bringing short-term effects rather than long-term value.
There are few emotional values in the world that can last and last forever. Bitcoin is recognized as the token with the strongest emotional value and the greatest consensus in the entire crypto ecosystem. But it also started from scratch and experienced countless bear markets and crashes to develop to its current position, and it did not advance all the way.
Cryptocurrencies like Bitcoin, which can continuously generate emotional value, build consensus, and set new highs from the bottom with strong core values and unique narrative background, are extremely rare in the market.
For such projects, they can exist for a long time even without ecological construction.
But what about other currencies? If there is no ecological construction and they are driven by emotions alone, then their value may only last for a short time. How long short-term emotions can last, how strong the effect is, and to what extent they will push the price of the currency, these are all unpredictable.
For MEME coins, if there is a lack of ecological construction, I will only regard it as a short-term game, and exit at the peak of the price based on my feelings, and not hold it for a long time. If there is a strong team to promote development, I will consider long-term potential.