Meme: It is a gold speculative target, and it is also a crypto social infrastructure

Words: Meow

Compiler: Deep Tide TechFlow

We live in an absurd world. The more ridiculous, the better the meme. The wilder and more terrifying the world becomes, the more we need them. We find common ground through humor and respond to horrific events through memes that are often monumental moments in history that live forever through memes on the internet.

Whether it’s something as geopolitically significant as Trump’s election or something as specific as Harambe, memes are the most compact and powerful way to recall this shared emotional memory.

Aside from the big and well-known memes, they are just a communication tool. Interspersed with stickers and GIFs throughout the conversation, memes are in their own language and an integral part of the internet. They’re often places where we find common ground, where people form communities around sharing them, being happy about them, and acknowledging their important cultural relevance.

Memes, an integral part of cryptocurrency

Literally, there’s nothing more central than a meme. Since cryptocurrencies are actually internet money, why can’t memes be an integral part of cryptocurrency?

It makes perfect sense to us that they often dominate the conversations and imaginations of market participants. In any case, the market is basically a meme, constantly driven by the most compelling narrative of the day, week, or year.

Cryptocurrencies just take this to the extreme. We spend a lot of time in the industry talking about why things are valuable and how to value those assets. Why is a meme coin valuable? At the end of the day, it’s really just a collective belief, and people believe in memes.

People can build a community around a Meme coin. If the community does a good job, they could be one of the best ways to engage users who are able to better understand these memes than by reading or not understanding complex DeFi token whitepapers.

Historically, memes have had huge upside in bull markets. This narrative has taken root in the minds of market participants. It is widely believed that these meme coins will have a phenomenal rise in a bull market. Memes are here to stay in the cryptocurrency market, and everyone should accept that.

Social coordination, narrative, trust, and financial incentives are important factors in the development of cryptocurrencies. Meme is a language commonly understood by Internet natives and an integral part of cryptocurrency, so the meme coin will become an enduring feature of Web3.

If you can’t kill memes on the internet, you can’t eliminate Web3 meme coins. Therefore, we should really start taking Meme coins more seriously, seeing them as very powerful tools, as well as important aspects of cryptocurrency technology and financial infrastructure. Essentially, Meme coins are social infrastructure.

In other words, we also believe that Meme Coin is the purest embodiment of the 3 core beliefs we have:

• A new currency means the formation of a new social system
• Value arises simply because people want something
• “Symbols” have great cohesion

For example, BTC is known worldwide because it has succeeded in creating a global social system that many people want, and has become a symbol of resistance to centralization.

However, the Meme coin demonstrates these beliefs in its extreme way, because the only essence of the formation of the Meme coin is that the social system it manages to form generates enough demand, and we want to emphasize one point: the Meme community revolves around the symbol itself, not the technical or financial system.

As such, they can be one of the most important social avenues in Web3, bringing teams and users together around some interesting meme things.

Meme coins are important

In conclusion, memes are important for the following reasons:

Cultural Resonance: They make use of universal colloquial language, making them more relevant and appealing. Community Building: Meme coins tend to have passionate communities. Narrative & Symbolism: Meme coins embody compelling stories and ideas that transcend technical or financial utility and capture the public’s imagination. Simple and easy to understand: Meme coins make them easy to understand by crypto newbies, making it easy for newbies to enter the Web3 world. Leveraged Investment: Meme coins can be used as a high-risk, high-return investment, and investing in meme is often regarded as an ultra-high-risk investment. Role in the Crypto Ecosystem: Meme coins add a social layer to the crypto industry, balancing technical and financial complexity. The Power of Symbols: Meme coins promote community cohesion and collective action and are a symbol of community, emphasizing the importance of symbolism in cryptocurrency.

Meme coins are not just a short-lived fad, but an indispensable and important part of the cryptocurrency space. They reflect the culture of the internet and the complexity of human interaction. By capturing the essence of internet humor, symbolism, and the power of beliefs, Meme Coin reveals the profound impact of societal dynamics in shaping digital currencies.

As we further build this Web3 economy, don’t forget that the power of community and storytelling is just as important as technology and financial innovation. Let’s embrace these unique meme cultures.