The Survival Rules of Meme Coins on Different Chains: Current Situation and Breakthroughs
When it comes to Meme coins, many people's first reaction is Ethereum and Solana. But if you have been paying attention to on-chain data recently, you'll notice an interesting phenomenon: although Ethereum has established a community as the pioneer of smart contracts, its project incubation cycle is quite long due to high Gas fees and Layer 2 fragmentation issues. New investors often have to pay high transaction fees, which directly raises the participation threshold.
Solana, on the other hand, has taken a different approach — with low Gas fees and ultra-high TPS, it has become a wild testing ground for Meme coins. Projects like BONK and PENGU have seen their market caps soar, and on-chain transaction frequency far exceeds traditional Layer 1 chains. However, the problems are also obvious: the ecosystem overly relies on speculation, PVP is prevalent, and technical stability remains a hidden risk, with occasional outages.

Elon Musk strikes again, and this time it's not just about stirring up buzz with a tweet.
On November 4th, he revisited a promise made four years ago — to send the real Dogecoin to the real Moon. This seemingly casual post immediately caused a stir in the crypto community, but this time, the market's reaction was much calmer than in 2021.
Four years of waiting, from promise to action
The story begins in 2021. At that time, a single statement from Musk caused DOGE prices to surge nearly 30% within minutes. Shortly after, SpaceX officially announced the "DOGE-1 Moon Mission," accepting Dogecoin as payment.
At that time, it was more of a bold business idea. The mission was to be developed by Canadian company Geometric Energy Corporation, centered around a CubeSat micro-satellite project — fully paid for in Dogecoin. The satellite was planned to hitch a ride on a rocket.

Starting from the dusty HTTP button
In 1997, internet engineers designing HTTP left a placeholder for status code 402—"Payment Required." But at that time, digital payments couldn't be fully closed-loop, so this button was never pressed and sat in the specifications for nearly 30 years.
Times have changed. Native stablecoins in crypto have matured, L2 solutions have reduced payment costs, and AI Agents suddenly need real micro-payment capabilities. So this dormant protocol has been reactivated and evolved into x402—allowing anyone or AI to access paid content without registration, redirection, or manual intervention, automatically completing on-chain payments.
What seems like a simple automatic payment scheme actually involves building an entire ecosystem behind it. Protocol standards, infrastructure, and upper-layer applications—each layer is being filled in. This setup could potentially redefine the logic of internet payments.
Protocol Layer: For AI

Recently, the popularity of the BSC chain has been somewhat unusual. The once-popular public chain known for low Gas fees and fast block times has now become a testing ground for Meme tokens. From established totems like PEPE, DOGE, BONK, to various new projects themed around cultivation, alchemy, and spiritual pets, the entire ecosystem's gameplay has completely changed.
Interestingly, participants' mindsets are also shifting. People no longer see themselves as "gamblers" but instead as "cultivators," treating tokens as "spiritual roots," and holding tokens as "practice." What is the driving force behind this?
Why BSC
BSC was once criticized as a "cradle of copycat coins," but it is precisely this low-threshold characteristic that has provided the soil for Meme coins to grow.
Creating a new coin only costs a few cents in Gas fees. This means project teams can quickly test and iterate, and investors can participate in the early stages at extremely low costs. Without the huge costs of trial and error, people's creativity instead

Market liquidity is shrinking significantly, and a bear market is inevitable. Altcoins are heavily in debt, investors are exiting, MEME coins have lost their significance and have become a game of existing assets. The role of exchanges is threatened by new products, and project teams and builders are facing severe challenges. The entire industry urgently needs a comprehensive reboot through technological innovation.

The market has shifted to a bear market, liquidity has been drained, and altcoins are affected by heavy debt, causing developers and holders to exit. MEME coins have failed to deliver long-term value, and exchanges face threats from innovative platforms. Builders and venture capital firms are experiencing massive bankruptcies, exacerbating industry imbalance, and the revival of the crypto world relies on technological innovation.

The current Meme coin market across three chains shows a divided ecosystem. Ethereum's high Gas fees lead to elitism and a cool perception, while Solana becomes an experimental field due to low transaction fees and high trading frequency, but it has technical stability issues. BSC attracts emerging market small investors with low costs and flexibility, gradually rising and forming a complete ecosystem, with the potential to nurture billion-dollar projects in the future.

Immortal cultivation? Alchemy? Meme culture on the BSC chain has already played new tricks
Have you noticed that the BSC chain has been a bit different in the past two years? The public chain that was once criticized as a "hotbed of copycat coins" has now become the headquarters of Meme tokens. From classic IPs like $PEPE, $DOGE, $BONK to various new "cultivation" and "alchemy" style Memes appearing on the chain, the entire ecosystem's tone has completely changed.
Investors are no longer just speculators but are beginning to view these projects with a "cultivation" mindset. Tokens have become "spiritual roots," and trading has become "practice." It sounds a bit fantastical, but it truly reflects the current community's real thoughts.
Why has BSC become the main battleground for Meme?
In simple terms, it's all about timing, geography, and human factors. First, the gas fees are embarrassingly low—creating a new coin costs only a few cents. New projects emerge endlessly, with low risk, allowing for trial and error.

In May 2021, a token with a Shiba Inu avatar suddenly jumped into the top ten of the cryptocurrency market cap rankings. This thing was born in 2013, originally as a complete joke, but it ended up becoming a multi-billion dollar entity.
Many people were confused: what exactly makes this thing valuable?
The answer is actually hidden in every meme you share, in the barrage of "To the Moon" comments, and even more so in the holders who spontaneously create memes, spread them, and stubbornly support it.
Today, let's talk about why the value code of Meme coins isn't in the technical white paper but in your and my social networks.
How did a joke survive?
The story begins in 2013. Programmers Billy Markus and Jackson Palmer teamed up to create something— they wanted to satirize the speculative frenzy in the crypto world at the time, so they used the most popular Shiba Inu meme online to...

The article discusses the current difficulties in the cryptocurrency market, pointing out that the market has entered a bear market, with insufficient liquidity. Altcoins and MEME coins struggle to support long-term value, CEXs face competitive pressure, and project teams find it difficult to redeem themselves. The author emphasizes the need for technological innovation to reorganize the industry and restore market vitality.

The market has entered a bear phase, liquidity has bottomed out, altcoins are under heavy pressure, MEME coins lack technical support, exchanges are in decline, and projects are facing difficulties. Only through genuine on-chain innovation can the crypto industry be revitalized.

The two most asked-about projects lately—$PING and $PAYAI—are getting some really subtle reactions from the market.
One is a MEME coin that suddenly announced it's launching a Launchpad; the other is a utility token that's doing some migration and pool-switching operations. At first glance, players on both sides seem panicked. Aren’t MEME coins supposed to just play on hype? Why does a utility token look like it’s about to rug?
Honestly, in this market, nobody feels confident. But if you think calmly, the moves these two projects are making actually make a lot of sense.
Why the fuss?
The Achilles’ heel of MEME coins is obvious—they rely entirely on consensus and hype, with no sustainable way to generate value. Once the hype dies, they're basically done. As for technical tool projects like Facilitator? Their ceiling is low, and the tech barriers aren’t high—they can easily get copied or replaced.
So you see, $PING and $PAYAI both currently lack a