I get the feeling that the MEME track is basically coming to an end this year.

The reasons are simple.

First, for the entire crypto space, MEME has gradually become a negative asset.

Now whenever MEME is mentioned, most people's first reaction isn't opportunity, but rather token spam, exit scams, and pure emotion-driven speculation.

In the end, many well-known figures and institutions are starting to deliberately distance themselves from crypto because MEME has been dragging down the image of the entire industry.

Second, for ordinary people, MEME is no longer a chance to turn things around.

Those who actually make big money are always the same few people. What most people can catch is just the small profits in the second wave, and the rest basically comes down to pure luck—occasionally hitting a coin that pumps many times over.

The problem is, this kind of money isn't something ordinary people can consistently earn. Most of the time, you're just taking over someone's bags.

Third, most exchanges are now moving toward compliance.

Under this direction, requirements and barriers for MEME coins will only get higher, and it's impossible to keep operating as casually as before.

Once the barrier is raised, MEME's biggest imaginary space is essentially cut off, and the ceiling naturally becomes lower.

Fourth, the batch of celebrities who launched coins earlier have already destroyed the credibility of this track.

When launching coins, each one was more hyped than the last, but they all ended up as total disasters. People outside the space just become more certain of one thing: crypto is a scam.

Once this impression solidifies, it becomes very difficult to get people to believe any narrative or future story afterward.

Finally, let me share my personal take.

MEME has increasingly become a tool for harvesting the market—with team insiders controlling the rhythm, a select few winning the lottery, and exchanges acting as the casino taking their cut. Everyone gets what they want, and ultimately it's the ordinary latecomers who foot the bill.

But exchanges themselves know deep down that MEME is just a chamber pot.

You pull it out when you need it, and throw it away the moment you don't.

Once the market finds a new track, new narrative, or new liquidity outlet, MEME will quickly be abandoned.

So my prediction is, a major shift will definitely happen this year. Let's wait and see.