Deconstructing Memes: Why Do This Bull Run's MEMEs Perform Exceptionally?

Memes spread through imitation; any information that can be replicated can be called a meme, such as music, thoughts, or styles. The spread of memes aligns with lifecycle theory, and the method of transmission is similar to infectious disease models, but the standards for strong memes are difficult to quantify.

MEMEs present in different forms across cycles, with characteristics and mechanisms changing accordingly. They reflect the prevailing investor sentiment and market trends, encompassing outlooks on new technologies and narrative directions.

The current bull run of MEMEs is influenced by various factors: social, psychological, economic, and technological. Currently, MEMEs can be roughly divided into: mechanism innovation, market narrative, market sentiment, meme culture, celebrity effect, and hot imitation types. The gameplay is diverse, and reasonable strategies must be formulated to profit.

The future of MEMEs is controversial, with differing views among institutions, retail investors, and opinion leaders. MEMEs should combine fun and meaning, and not become purely speculative tools.

The Origin and Development of MEMEs

The concept of memes was originally proposed by Richard Dawkins in his book "The Selfish Gene." MEMEs refer to those tokens that lack practical use in the eyes of investors, existing only for speculative hype, and are priced based on market sentiment.

Since the birth of Bitcoin, MEMEs have performed well in every cycle. From Litecoin to Dogecoin, and then to NFTs and zoo MEMEs, their presentation and characteristics have changed with the cycles.

The Reasons for the Current MEME Craze

1. The lack of mainstream narratives has made MEMEs a potential melody.
2. Improved infrastructure, reducing issuance and participation costs.
3. Some public chains are officially supported
4. Align with the Web3 consensus philosophy
5. Market FOMO sentiment drive
6. The wealth creation effect attracts participation
7. Meets the characteristics of a "non-intervention" bull run

MEME Trading Strategies

• Public Opinion Heat Driven Strategy
• Technology-driven strategies ( such as smart money tracking, robot-assisted )
• Strategies based on financial mathematics ( such as candlestick charts, chip distribution analysis )

Risk Warning: The risks involved in MEMEs are extremely high, and you may lose all your principal.

The Future Outlook of MEMEs

Different parties have varying views on the future of MEMEs. Some believe they undermine long-term vision, while others see them as a way to attract new users. Vitalik Buterin believes that MEMEs should have both fun and meaning, and should not become purely speculative tools.

The real value of MEMEs and the current market value gap has sparked controversy. How to define high-quality MEMEs, and what kind of projects qualify as high-quality MEMEs, is still difficult to reach a consensus. What kind of MEMEs will emerge from the unregulated financial wilderness is worth looking forward to.