As an early player involved in MEME coins, I have to admit—this current market is becoming increasingly incomprehensible to me.
Everywhere are projects called "dad, mom, son, grandson" types. Honestly, does this really count as the spirit of MEME? I genuinely have some doubts. Besides creating short-term speculative hype and allowing participants to mutual profit from each other, do these projects really leave anything for the industry? Do they bring any positive contributions to society?
Gradually, I started to become numb to the entire market. Not because of making or losing money, but due to a deeper erosion—the loss of confidence in this industry itself. Someone making one or two hundred million in such a game doesn't really impress me, because there’s simply no genuine creativity or meaning behind it.
If the crypto market continues down this path—merely copying, hyping, and internal competition—the only ending is probably gradual nihilism. To be blunt, the current MEME coin market is no longer even as exciting as a casino.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
As an early player involved in MEME coins, I have to admit—this current market is becoming increasingly incomprehensible to me.
Everywhere are projects called "dad, mom, son, grandson" types. Honestly, does this really count as the spirit of MEME? I genuinely have some doubts. Besides creating short-term speculative hype and allowing participants to mutual profit from each other, do these projects really leave anything for the industry? Do they bring any positive contributions to society?
Gradually, I started to become numb to the entire market. Not because of making or losing money, but due to a deeper erosion—the loss of confidence in this industry itself. Someone making one or two hundred million in such a game doesn't really impress me, because there’s simply no genuine creativity or meaning behind it.
If the crypto market continues down this path—merely copying, hyping, and internal competition—the only ending is probably gradual nihilism. To be blunt, the current MEME coin market is no longer even as exciting as a casino.