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Recently, I've seen a lot of Meme coin promotions. To be honest, I find it hard to understand the current aesthetic. Compared to previous projects with cultural memes and community consensus, the narrative logic of this wave of Meme coins is really lacking.
In the past, $Doge could become popular because it had a story, community recognition, and long-term value support. Looking at the current Meme sector—innovating just for the sake of innovation, being flashy just to stand out—truly meaningful projects are becoming increasingly rare. Projects that are purely riding the trend and speculating have flooded the market, lowering the overall aesthetic standard.
To put it simply, under such an eco-friendly environment, it’s really difficult for a second Meme coin project with appeal and vitality to emerge. For a Meme coin to survive long-term, it needs to have something substantial.