The cryptocurrency market has undergone a round of self-purification and reconstruction in the past six months, which is a problem that an industry will inevitably encounter when it develops to a certain stage. Compared with the traditional market, the difficulties and bottlenecks of the cryptocurrency market will be faster and the evolution will be more efficient. When there is a lack of new narratives in the circle, a phased industry narrative vacuum will appear. In my opinion, the current MEME market is more like a phased market under a specific time environment. Personally, I think the biggest feature of MEME should be emotion. When the industry is pessimistic, we can only play MEME; when the industry is optimistic, we will still play MEME. Therefore, the outbreak of MEME often occurs in the early and late stages of the bull market, and these two time stages are also explosively attractive.
In this industry, when we are desperate, we seem to be able to relieve anxiety and pressure by playing MEME. And when market sentiment is high, MEME can also become an additional investment option. Therefore, whether the market is pessimistic or optimistic, MEME has its unique significance. Therefore, for cryptocurrency practitioners, understanding and grasping the characteristics of the MEME market will help to better cope with market changes and obtain more investment opportunities. In this volatile world of cryptocurrencies, we might as well embrace MEME and use emotions to sense the pulse of the market, which may help us better grasp investment opportunities.