jakiro
Author: haotian
Regarding $PING and $PAYAI, the most frequently asked question in the past two days is: What are these two doing when they are not pulling the trigger?A MEME is a high-profile Launchpad, but a utility value token is building a migration pool, which is like abandoning the market.It is indeed full of great uncertainty.
To be honest, given the general environment, I have no idea at all. Let me make some observations that I can understand:
1) It is normal for these two stocks to do this, and it is definitely a good thing to change to a good market fundamentals.Because the biggest problem of MEME is the lack of continuous empowerment, which relies entirely on consensus and emotional support, while Facilitator is a technical and practical project with a low ceiling and low technical threshold. This results in both projects having no “confidence” support at this stage.
The recent actions of PING and PAYAI are actually solving their respective shortcomings:
PING tried to use Launchpad empowerment to strip away pure MEME attributes and put on a positive flywheel. PAYAI expanded from the original tool attributes to the infrastructure protocol layer through token migration.This is an upgrade that can open up the imagination.
2) Since the expected pie has not yet been fully delivered, we can only talk about logic.
It is not surprising that PING became a launchpad, because there is no emotion and consensus to maintain prices under the fundamentals of a bear market. The x402 track narrative it ignited is likely to be extinguished due to its excessive MEME attributes. On the contrary, if the attributes of the Launchpad platform currency are very different, it can be empowered by the projects launched by the platform, one, two, three, and continuous trial and error until it encounters a good liquidity node and completes the counterattack and transformation of the loser.Looking at it this way, this strategic upgrade is very wise.
PAYAI’s token migration is more likely to cause suspicion and misunderstanding. I have heard many opinions, which are that the project side has no chips and uses migration to control the situation. But if it is just a conspiracy, wouldn’t it be more effective to use FUD?So I actually tend to think that the project team has indeed considered the limitations of the Facilitator tool attributes and tried to upgrade to the protocol layer to continuously empower the tokens, including staking mechanism, reward system, ecological incentives, CEX locking, etc.Therefore, the decision to lengthen the perspective is not a bad one.
3) As for why the market doesn’t understand it, it’s still the same sentence: Most people flooded into the x402 track with the mentality of speculating on MEME, which was the mentality of MEME in the past. However, the growth and change logic of the x402 track is completely beyond the capabilities of MEME, and it is impossible to see immediate results in the short term.
PING’s launchpad is just the beginning of the x402 track asset release narrative. It may be very successful or very bad, but more Launchpads are still being nurtured.Let’s take a look at the signals revealed by each idea in c402 Market. The new round of launchpad is by no means as simple as issuing useless coins. Practical business scenarios such as Gamefi and Socialfi can be used to issue coins. This is a big improvement over pure chat;
PAYAI’s protocol service layer upgrade is even more subtle. I have heard that this team has a very technical and engineering mindset, but I think it is a good thing that such a team appears in a bear market environment. There is enough time for them to prove themselves, and Facilitator is exactly a subdivided track with large and small room for value capture and commercial expansion.The new positioning is where the team begins to continuously empower Facilitator, ultimately changing Facilitator’s ecological niche and value capture capabilities for x402.
