
Text: CUMBERLAND LABS, Translation: Bit Chain Vision Xiaozou
I have strolled on Discords for a few weeks. In the potential Telegram group, I browsed Twitter and contacted several researchers and traders in the field. After that, I have a comprehensive understanding of everyone’s view of Meme currency.(From the sophisticated algorithm traders to my wife’s brother).I asked how to improve the UI/UX executed by the limited price and complex orders, and asked whether good friends thought that Moo Deng is really good, or have you heard of Peanut the Squirrel.
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What you are about to read is the essence of field research, a summary of existing public data in the vertical field, and anonymous feedback on this narrative.Our Cumberland Labs believes that this narrative is convincing and will last for several years.On the surface, the seemingly incomplete and excessive narrative description actually represents the transformation of user behavior, which will bring billions of dollars of edge -based capital capital, whether those who trades these tokens are realized.
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1What isMemecurrency?
The story of meme currency is an evolutionary story.From DOGE’s initial imitation as a Bitcoin, it attracted Elon Musk’s attention, to Shib and PEPE to capture the possibility of retail industry, and todayThe market is constantly self -transformation.
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Today, Solana dominates this field, providing support for 89%of new token issuance.Just last week, 181,000 new token appeared on DEXS (decentralized exchanges).This is not only a capacity issue, but also accessible.A platform like Pump.fun allows anyone to issue tokens, but the success rate tells us an important thing: less than 2%of the tokens successfully ranked among Raydium, and only 0.0045%tokens can maintain $ 1 millionThe above market value.
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But what is the difference between meme currency and “Shitcoin”?The difference is the key feature of driving success:
The most successful tokens -whether it is DOGE or MOO DENG — has common elements: strong MEME potential, attention catalyst and community participation.Doge uses Elon Musk’s attention and the status of pioneers.Moo deng has attracted people’s imagination through the social media image of viral communication.But the most important thing is that they have established a community and turned the careless bystanders into enthusiastic supporters.
2, Numbers will not lie
Recently, Meme coins have grown far from the average.Binance Research pointed out that since 2022, the market value of MEME coins accounted for non -BTC /ETH /stablecoins from 4%to 11%in just two years.Times.
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The millennial and generations now account for 94%of the buyers of digital assets.This is not just a coincidence -this is the reaction of a whole generation to the environment for them.They are not just buying tokens; they are rejecting traditional economic security ways that their parents follow.On the surface, Meme coins look like a joke, but for these traders, they represent a real opportunity that can get rewards outside the system that keeps them disappointed.
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Andrew EdgeCliffe-Johnson has a good summary: “If people lose confidence in their ability to get rich slowly, it is difficult to blame them to the idea of getting rich quickly.” Over the years, the belief of slowly becoming rich has been eroded.In 1963, the average annual salary of buying a house was 4.4 times the annual salary, and now it takes 8.1 times.In addition, inflation has soared in recent years, and the inflation rate in 2021 has reached 7%. Obviously, the younger generation is looking for other financial opportunities.
This trend is not just gambling to make a quick money (although there must be a factor in this).This is a system that uses their money to protest their confidence.The phenomenon of MEME coins is high -risk and high -return, and it just resonates strongly with today’s traders.This is not just a game.
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3As well asMemeCoin phenomenon analysis
The development speed of the Meme currency market is amazing.Our research shows that BOME reached a market value of $ 1 billion in 2 days. The same market value PNUT reached within 14 days. WIF reached within 104 days, SHIB reached within 279 days, and Doge took 8 years.Attracting and retaining traders is very important.
The screenshot of the Phantom wallet on the X shows that the return rate is 633%and 10,520%, respectively, which highlights a broader trend: accessibility and fairness have become the core.In the 2017 ICO boom, a key feature is generally participating -no private placement, no venture capital distribution, and no complex Vesting timetable.
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Today’s Meme currency traders are resisting the “venture capital exit liquidity simulator” issued by a modern token issued by a Discord user.A new MEME currency without team allocation and market pricing has brought back the fair competition environment in the early encryption era, while community and network effects are the key.
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When it is regarded as an opportunity to participate in a fair competitive environment, and without worrying about Vesting and tokens unlocked, MEME coins are even more meaningful.People are tired of traditional models, and a fair distribution platform like Pum.fun allows anyone to easily issue tokens, so that everyone can participate in it.
4,achieve100XEscape speed
What did the successful tokens be separated from the tens of thousands of failure issuance?The number clearly tells us that only less than 2%of the tokens issued by Pump.fun are among Raydium, and only 0.0045%tokens can maintain a market value of more than $ 1 million.But some tokens did reach our so -called “escape speed” and got rid of the obscure black hole.
The model of successful stories is obvious. The strongest tokens have at least one of the following seven key areas: MEME potential, attention catalyst, innovation, humor, community, distribution and development.Observe a successful MEME coin, you will find that these elements are important. Among them, attention catalysts, MEME potential, community and distribution are the most critical factor.
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Take Moo deng as an example, success is not accidental.The project has attracted people’s attention through social media such as Twitter, Telegram, and Tiktok.Its lovely, very memoryful characteristics continue to appear in the flow flow, creating a viral identification and sharing cycle.Although it is not particularly humorous, its strong attention catalysts and distribution strategies have created a growth momentum.
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Solana’s role in this change is not too much.The network now supports 89%of new token issuance, processing about 41 million non -voting transactions.This dominance is not accidental -SOLANA’s low cost and fast trading time create a possible environment that makes fast experiments possible, although most experiments end in failure.
5Data analysis current situation
Data provides valuable insights for traders how to interact with different Meme currency platforms and highlight the key gap in the market.
First of all, it is worth noting that about 60%of users still access DexScreener after using their preferred transaction terminals.They are using DexScreen’s insights, advanced filters and analysis tools, which shows that existing platforms cannot fully meet their needs.However, only 10-12%of DEXSCREENER users will eventually use transactions and execute terminals, even if these terminals provide improvement of customization and parameter settings on the interface of the DexScreener.This shows the gap between user satisfaction -the transaction terminal may have better functions, but they have not been fully utilized.
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When we compare the use of mobile devices and desktop devices, Photon stands out.Among the three major trading terminals, GMGN.AI, Bullx, and Photon-Photon have the most mobile users, while BullX has the most desktop users.Although Bullx has a huge desktop user base, a large part of its traffic comes from the link of Telegram.This shows that even if the mobile priority platform Telegram is distributed, the user will eventually interact with Bullx on the desktop.This also shows that the complexity of these terminals and users prefer to operate in an environment that can more comfortable managing all functions.
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This trend points to a broader problem: the predicament of existing trading terminals.Their desktop leading positions show that they are too bulky for mobile devices, leaving a huge blank space for transaction terminal markets that cross -device seamlessly work.What the trader wants is a powerful tool that can be accessed on your mobile phone, which can be flexibly switched to the simple interface when needed.The market needs an integrated solution -an intuitive platform, combined with advanced functions and ease of use, whether users are on desktop devices or mobile devices.
The fragmentation problem of current experience is essentially inefficient and inconvenient.Traders must switch between multiple platforms to obtain what they need, thereby effectively implementing transactions.Provide a unified solution for in -depth use, and can also be accessed on mobile devices through adaptive UI, which will significantly improve the trading experience.
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6, In -depth trader’s perspective
Talking with traders revealed a consistent appeal -they want uncomplicated support.A trader explained: “When the network load is high, I still need to set priority fees and bribery. I hope that the default value of the intelligent intelligence can work normally, but it can make me adjust when needed.”
This simple and controlled balance repeatedly appeared.The current platform either simplifies everything or threw all complexity to users.There is no intermediate zone that can be used to open the box, but it provides depth when needed.
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“In a single interface, it will have a good UI for SWAP exchange, charts and recent trading lists. Without the amount of click volume, all important information is displayed in one place.” A large trader told this so told that it told this so much that it told that it was told that it told thatmine.Another person said that it took a few hours to teach him some basic concepts, such as GAS optimization -and these times could have been spent on actual transactions.
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A repeated complaint is about price limit.A trader pointed out: “I have been fill, but I have lost all the positive sliding points on the platform.” Others pointed out that the limited price on a platform seems to be as early as other platforms, which caused an unattended understanding.Unexplained competitive environment.
7, Market structure: real problem
The current platform is established for the native users of cryptocurrencies and traders on the chain. They have understood terms such as “sliding point tolerance”, “priority fees” and “bribery”.But most traders just want to know how much they paid and whether their transactions can be proceeded smoothly.A trader who managed more than 100 wallets told me that he couldn’t even follow his position.
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The mobile experience is even worse.Although the Telegram robot fills some gaps, they are not a real solution.They are a systematic creation of a system that needs to be rethinked from scratch.
This fragmentation problem has caused actual costs.Traders are switched back and forth between different interfaces, missed opportunities due to failure of the transaction, and lost money due to poor execution.The current ecosystem is forced to make choices between expensive tools and poor performance -there is no intermediate zone.
8, Construct a solution: Beyond Chuangke Paste
The current MEME currency transaction pattern feels like temporary patchwork. It is only enough to make people happy, but it can definitely improve it better.When a trader tells us, “If anyone can create a tool for you to customize the LP strategy”, or complain that they “set priority fees and bribery when the cost is high”, or “hope in SL and TP orders strategies”There are better execution”, they point out a fundamental problem: existing solutions are not the real solutions at all.
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Most platforms feel that they are built for those who are familiar with the trading, bridges and DEFI on the chain -all of them means that the complexity is indispensable.But after talking to several different traders, I found that traders seemed to want to choose complex functions without complex interfaces.The existing “Advanced” UI still cannot provide the parameterization function required by senior traders, and the default UI is too simple, abstract, the function that may have a huge impact on the income.For example, as a trader said, even if “automatically tells me how much I will spend in this transaction, I will spend (GAS+transaction fee) to ensure the smooth progress of the transaction”, which can make senior users say “Well, this, this, this, this, this, this, this, this, this, this, this, this, thisIt seems very high. I may not want to pay this money. “At the same time, I can also provide ordinary users with some descriptions of how much money they will pay.
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The solution is not only simplifying the interface, but re -thinking about the way traders interact with these markets.When someone compares MEME coin transactions to “games”, they did not excessively simplify anything.What they really want is what they bring about gaming experience.They need to show the analysis of winning rate, meaningful performance tracking, and tools that help them understand the trading model.
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9The road to the front:Cumberland LabsVision
We are not here to create another transaction terminal or launch another Telegram robot.We see a greater opportunity: creating a gap between the interface and the simplicity of Moonshot and the powerful features of advanced trading terminals.A platform that develops with users provides an accessible entry point, and at the same time provides the depth and complexity required for experienced traders.More retail traders mean more transaction volume, greater liquidity and better opportunities -whether it is a sophisticated chain trader or a novice in the field.
This means:
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Abstract complexity, not affecting the function -intelligent default and completely customized when needed.
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Integrate charts, execution and analysis to a unified trading experience of a window.
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Really effective cross -chain investment portfolio management.
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Real -time performance tracking helps traders understand their strategies.
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Avoid obvious risks, but do not limit opportunities.
The current platform has laid a solid foundation for traders on the current encrypted original chain.But the next retail trader will need some different things -a platform that is simple and growing with them at first.They need an intuitive interface to learn progress while they are trading, and gradually introduce more complex functions when they are ready.The existing “Advanced VS default” UI settings can improve their functions to better adapt to two goals.This does not mean to simplify the content, but to create a multi -level complexity. Users can explore according to their own rhythm.
The development speed of the MEME currency market is faster than ever before.Although 75%of MEME coins were created in the past year, we saw an opportunity to create a tool for welcoming newcomers and provide support for experienced traders.
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102. Beyond transaction: Establish a community
The transaction is just one of the puzzles.Community, education and sharing experience jointly promote the development of the MEME currency ecosystem.Although some form of integration is carried out through existing platforms (such as Discord and Telegram), it is a new thing to bring the community to the platform to implement it.One of the reasons for the existing mobile activity in the Telegram Bot is that one of the reasons for the transaction UI is that it can copy the contract address from a TG group to BOT, and faster than buying on the trading UI.
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We Envision a More Integrated Approach. Imagine Tracking Your Progress Alongside Other Traders, Sharing Strategies When You
We imagine a more comprehensive method.Imagine that you follow your progress with other traders, share your strategy when you are willing, and establish reputation based on actual performance.It’s not just any indicator, but a real insight that it is feasible and what is not feasible.
Such social networking is not to create another encrypted echo room.It mainly provides background and insights to help traders make better decisions.Whether it is to observe how different entry points affect the return, understand the expression mode before and after migration, or the strategy of successful learning, each attribute is related to improving the transaction results.
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