source avatar香港王富贵

Share

Early in the morning, I read about calm FUD, Xlayer FUD, and BEM. The more I read, the more I feel this old saying needs updating. Should supporting a public chain mean supporting on-chain MEMEs? Superficially correct, but not actually true. What we should support are chains that enable retail investors to achieve outsized gains with small investments. What we truly need are new chains lacking traffic and new users. Stocks + MEMEs are now neither stocks nor pure MEMEs—they resemble fragmented sentiment-driven trading. On the surface, it’s a crowd of gold miners chasing trends. Beneath the surface, it’s crypto using crypto-stock mechanisms to pry open global U.S. equities—developers inevitably exploit this to mass-produce air. With too many front-runners, many end up becoming market water pumps. When FOMO ignites, new “gods” and new retail investors flood in en masse. Whoever owns MEMEs owns the world. Not whoever owns the front-runners. Even after removing the bubbles, MEMEs will persist. As they move toward authenticity, their connection to real-world value grows ever tighter.

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.