jakiro
Pear Blossom·Night Moon·Begonia·Chorus Rain
Meme starts from Token2049 in Singapore and ends at the Consensus Conference in Hong Kong
History is a spiral, Meme’s Super Cycle is a compressed product of time
In the past, OK ordinary employee Murad to the most powerful leader in history Trump resolutely issued coins
Pain is not painful, PAIN insisted on completing its first show, and not speculating on cryptocurrencies. CZ began to learn to understand Meme, and its momentum was broken. The Hong Kong Consensus Conference not only did not have a short composition, but did not have much summary of BTC and Meme.
Last September, Murad, the Lion City, educated the industry with a prophetic attitude. Memecoin Supercycle filled the entire practitioner’s screen, some people dug out gold, some people sold water, before and after the Solana Meme/AI Agent Meme and $TRUMP split, DEXX, GMGN, UniversalX have arrived one after another and joined the Nuggets Shovel Sales Competition.
Yesterday, Lion City, Today, Hong Kong, even with the July plan of Murad’s first mention of Supercycle, it has only been about 8 months. The most interesting thing is that PumpFun has become the biggest winner, not only perfectly avoiding the conspiracy of Solana and Milei,If it is still monetizing at SOL and there is no public chain-level paradigm innovation, PumpFun and Hyperliquid should be the most important innovations in recent years.
Prelude, from the zoo market to Meme
Memories of the past life – the “zoo market” started by Doge. As Murad said, the Doge in 2021 and the subsequent zoo market are the first combination of Meme and Coin. Before that, the crypto industry was in an absolute “technology and public chain” narrativePeople have never thought that air coins can be traded and can exist stably for a long time.
The end of this life – FTX in 2022 is the real beginning of the Meme industry. From then on, the crypto industry has become a real currency circle. Long-term value cannot be attached to the public chain, but it cannot even be attached to the most stable,On the most profitable, American-backed CEXs,What people feel is nothingness, not only that, FTX also has a joint effect, DeFi has completely overcome the barbaric surge period, and its price-to-dream rate has been wiped out.
This is the prelude to the collapse of VC coins, and the price plunge of Binance on VC in mid-2024 is just the end.
Technology + VC < Meme + Coin.
In nothingness, the price-to-dream rate of VC coins is like a UST that has been deaned. After being educated by the market for two years, everyone began to have high hopes for BTC, hoping to make efforts in the four-year cycle to save the “counterfeit” market, but veryUnfortunately, Wall Street took the lead in taking it into account, and the passage of BTC ETFs has put the encrypted internal disk into a liquidity crisis, and the PVP under this point appears to be abominable.
In a sense, BTC ran out of the encrypted internal disk and successfully entered the external disk with more liquidity and purchasing power. It was just that the encryption industry, which was used to BTC’s bottom, was trapped by established thinking and believed that the immortal was to promote himself.Unexpectedly, it was the demon-catcher team who “receive you here.”
You should know that Dogecoin in 2021 did not destroy the market, because the market’s attention is on the two major genres led by BTC and ETH. Dogecoin and the zoo are just branches, and even Musk’s call to orders has attracted a lot of attention.New leeks outside the circle are the last wave of new forces entering the circle so far.
FTX and 2023/2024 regulatory storm, the currency circle has not entered a large-scale newcomers for two years, and the rest are foxes that have been a thousand-year-old. You are familiar with the Strange Stories from a Chinese Studio and I watch the Spring and Autumn Night at night, and they are all taught by a master.Can’t break the trick.
Therefore, Murad seized the direction of changes in market sentiment. He was not the leader. In July, he tweeted, and the exposure was only more than 1,000, but in September, Token2049, the exposure of Twitter was 8 million, which really worked.Industry consensus, Murad’s Memecoin Supercycle is an igniter, madeThe last consensus in the crypto industry – Let’s speculate on MemeBar.
Interlude, Meme Dry VC Value Coin
Binance was censored and CZ was imprisoned, VC coins began to seize the last opportunity to sprint for Binance’s liquidity, and on the chain, the weakness of ETH L2 made Vitalik and EF a target of public criticism. Here we call Vitalik a Qu, heHe is a loyal soldier of European and American values, not an ambitious man who makes profits, so deep down he has no motivation to do evil and cut leeks.
But people around you don’t think so. How to operate a public chain with a market value of 100 billion yuan has never been precedent in human history, so Vitalik cannot accept Meme’s weird traffic. Ethereum main networkIt is not suitable for the price, only L2 can fight. In fact, Base does take on the heavy responsibility of EVM’s ecological resistance to Solana Meme.
But unfortunately, the Base operated by CEX and without mainnet tokens is hard to support. I don’t know if it’s because of dizziness or the VC’s money is too generous. In normal wars, I’m basically in a spectator state, and there is no war on the Western Front.strange state.
But Solana is different. Solana after FTX is in a state of life overall. Any chance of having a glimmer of hope cannot be missed. Whether it is the existing DEX, DePIN, NFT, or the new PayFi, or payment, they will be rejected. AboutI wrote about this at the end of 23 yearsSolana’s second-generation popularity: high performance, marketing and DePIN.
Then naturally there is no reason to reject Meme. Pump Fun’s internal innovation and mechanism will be launched in the showdown between CEX and DEX. You only need to understand here that it is not a combination of PumpFun and Meme, but a combination of Pump Fun and Meme on Solana..
What is important is never technology, but degree of fit. For example, BNB Chain is also promoting Four Meme now. It has nothing to do with timing, but only with the boss’s interests.
Solana created the first wave of Meme, not PumpFun created the Meme wave. Founder pets, DePIN+ mobile phone concepts, or refurbished or nostalgic, can all be re-made and hyped, of course, only one wave.
The strongest endogenous version: AI Agent Meme
But God blessed Toly, God favored Solana, Buddha blessed Jump, and AI Agent concept suddenly became popular in the currency circle. What’s more interesting is that Agent, which focuses on tool rationality and assistant characteristics, actually chose Meme as its habitat, which is reasonable.Is it?
After all, Meme, which has no value, has price, is very suitable for Agents with no rationality and only hype. To this day, traditional Agents are still in the laboratory stage and have not been widely popularized. The Web3 AI Agent transformed on open source products is even moreIn this way, otherwise, DeFAI should have been put into production long ago, rather than staying at the stage of PPT fraud VC.
For AI Agent, please refer to:AI is Crypto’s agent—the beginning and end of the evolution of AI Agent
Ai16z’s detailed imitation A16Z is the best masterpiece of this stage. It grasps the essence of Meme. It requires both the high speculation of Web3 and the Big Name endorsement of Web2. Or look at the DeepSeek R1 at your doorstep. That is engineering innovation., AI Agent is not, Grok3 is not comfortable either.
In the name of time, Trump returned, and in the name of innovation, Governor Ma took office and came to the final stage of Meme, the ultimate evolution of celebrity coins – Presidential coins.
Variation, AI Agent to the peak presidential coin
How to evaluate the presidential currency?
In a nutshell:The turn-over multiplier for the poor and the young P player, the plaything for the rich and the coin group.
Whether Solana Coin Fortune Group is in-depth trading of $TRUMP does not matter if Milai Coin Fortune issuing coins. The Solana DeFi ecosystem is a classic that magnifies gambling ability to the extreme. Compared with another stand-alone Hyperliquid, Hyperliquid’s opponent is Chu Hu LaoSolana’s opponent is the entire Ethereum ecosystem.
It can be said that Solana DeFi does not have the ability to trade all presidential coins, but the Solana DeFi expression with Jupiter as the core absolutely exists, at least it exists objectively, and does not know or evaluate it subjectively.
$TRUMP has not changed Crypto, Solana has long and short-term routes.
This is the last chapter of Meme’s months of carnival.From DeepSeek to Peer-to-Peer Tariffs, Web3 won’t endIn the article, the meaning of DeepSeek is to interrupt the “American-led AI narrative”, which has also stopped the AI Agent in the currency circle, and also stopped the liquidity of Meme, because the AI Agent Meme narrative has also lost its technical foundation..
After DeepSeek, Google Gemini and Musk Grok3 all emphasized thinking chains (CoT) rather than the Agent that OpenAI strongly promoted. This does not mean that CoT is better than Agent. These two are not concepts of the same dimension at all. The former is the same.This algorithm, the latter is a product form, but the market’s focus on AI has changed.
The clock begins to reverse the wind, and life begins to reverse. If you are still optimistic about Meme, you can find many evidences such as CZ attach importance to it, but one thing is certain that Meme, as an asset issuance method, is no longer friendly to ordinary people, and any asset issuance method,Including Binance’s voting for PI retro, they all have the heavy responsibility of innovating the ills of chaos at the birth, but they have no exceptions and they have all changed.
What is really worth learning is Solana’s way of survival and growth, seizing every opportunity to create short-term liquidity, and continuing to innovate. On the long-term route, do difficult but huge profits such as PayFi, payment, stablecoins, etc., and notIt has become mediocre, but Solana is also a toy owned by the larger coin group.
Conclusion
You can also see the sea when you come from Dandong. Although Singapore’s straits are rich, the sea breeze in Hong Kong is still more historically heavy. Meme ends its own rush here, which is also a good choice. The young lady of Shang K, the currency circleThe little brothers all need to go ashore.
Please note that Meme as an asset type will not die. Even NFTs have found their own place in the currency circle through equity NFTs, but OpenSea will disappear.
Let’s just remember the Meme SuperCycle that gave us happiness. If CZ All in Meme, then write another article Make Meme Great Again. It’s a pity that Europe will not be great again, and neither will Luce.
I only saw the new one laughing, but I only saw the old one crying.
