How did Memes with a market value of hundreds of billions come into being? How to capture them? | TrendX Research Institute
As of October 20th, the data statistics for BTC, ETH, and TON on the TrendX platform are as follows:
The number of discussions on BTC last week was 15.09K, an increase of 20.59% from the previous week; the price last Sunday was $68,878, an increase of 1.18% from the previous Sunday.
The number of discussions on ETH last week was 3.63K, remaining flat from the previous week; the price last Sunday was $2,737, an increase of 3.63% from the previous Sunday.
The number of discussions on TON last week was 943, an increase of 20.59% from the previous week; the price last Sunday was $5.33, an increase of 1.75% from the previous Sunday.
The rise of Memecoin is inseparable from a deep community foundation. Since the emergence of tokens such as DOGE and SHIB, they not only represent economic value, but also carry the emotions of internet culture. In the early stages of cryptocurrency, many users flocked to these projects due to their entertainment value and sense of community belonging. The power of the community is intangible but extremely important. For a long time, internet culture has occupied an important position in the cryptocurrency field, from the initial 'dogecoin' to the various memes today, the formation of Memecoin is like an epic of internet culture.
The sedimentation of internet culture and the power of community speculation cannot be underestimated in the development of Memecoin. The sense of identification of users with these symbols is not immediate, but accumulated over time. In this process, the low-threshold nature of Meme culture allows everyone to participate, forming a huge user base. Players in the NFT community, which was popular a few years ago, have become an important cornerstone for the development of Memecoin. It can be said that the community attribute occupies a primary position in the success of Memecoin.
In this context, the introduction of AI provides a new perspective for analyzing and predicting the potential of Memecoin. By analyzing the interaction, emotions, and behavior of community members, AI can identify which Memecoin projects have more resonance in culture and the market, thereby providing valuable decision-making basis for investors.
Viral Effect and Liquidity
Compared to NFTs, Memecoin has advantages in terms of dissemination and liquidity. This characteristic makes Memecoin a more viral cultural carrier. The participation of celebrities and KOLs enables Memecoin to achieve large-scale dissemination in a short period of time. For example, the combination of Trump and the Pepe image during the election campaign became a widely influential meme, which not only boosted the value of Memecoin, but also sparked larger social discussions.
With the development of social media, the dissemination speed of Memecoin has been unprecedentedly improved. AI can track the dissemination paths of Memecoin on different platforms through social media analysis technology, identify hotspots, and potential investment opportunities. For example, after $Trump was released, the Biden team also realized the influence of memes and planned to hire a dedicated meme manager to attract support from young voters. This series of events fully demonstrates that Memecoin is not only a financial tool, but also a representative of modern cultural dissemination.
In this dissemination process, AI can also help analyze user emotions to predict the future trends of Memecoin. When market sentiment is high, the value of Memecoin often rises rapidly, while when sentiment is low, it may face selling pressure. Therefore, understanding the dynamic changes in the market and user psychology is essential when investing in Memecoin.
Leveraging Small Leverage for Large Returns
The success of Memecoin lies in its volatility and wealth creation myth. For example, Tron seized the trend of Memecoin in the market and launched multiple projects related to Memecoin. The skyrocketing of SUNDOG, from $0.002 to $0.20, attracted a lot of investors and media attention. This phenomenon indicates that Memecoin not only brings considerable returns to individual investors, but also drives the activity of the entire ecosystem.
AI plays an important role in this process. By analyzing historical data and market dynamics, AI can identify which small Memecoin projects may trigger large-scale user participation. Investors can use AI tools to quickly obtain market information and make wiser investment decisions. In addition, AI can also optimize trading strategies through algorithms to help investors seize opportunities in volatile markets and achieve the goal of leveraging small leverage for large returns.
This wealth creation effect is particularly evident in Memecoin. Many successful Memecoins have amazing wealth stories behind them, attracting a large number of new users. As the FOMO (fear of missing out) psychology spreads among investors, the popularity of Memecoin continues to rise. This phenomenon not only drives the market price of Memecoin, but also increases the activity of the entire cryptocurrency market.
A New Perspective on Market Strategy
The success of Memecoin is not accidental, and traditional project thinking is facing a transformation. In the past, many projects first built products and then matched users, while Memecoin is a disruptive example. Since the Memecoin community has naturally formed, building a product containing Memecoin to attract users has become a new market strategy.
The application of AI technology makes this strategy more efficient. For example, BONKbot is a successful case. As a Telegram trading bot based on Solana, the launch of BONKbot originated from the BONK token. Part of the fees generated by trading is used to purchase and destroy BONK tokens, thereby maintaining consistency with token holders economically. This innovative combination not only attracts user participation, but also gives Memecoin new vitality.
This strategy of combining Memecoin with practical products provides new ideas for future projects. Combined with AI technology, user needs can be analyzed more accurately to optimize product design. In the future, more projects may enter the market quickly and create value through the popularity of Memecoin in this way.
How to Evaluate the Potential of Memecoin
In the field of Memecoin, evaluating its potential requires considering multiple factors. Firstly, the stability of community consensus is an important indicator. The reaction of community members to market fluctuations can directly affect the value of Memecoin. AI's sentiment analysis technology can help investors understand the emotional changes in the community and judge the risks and opportunities of the project.
Secondly, the persistence of celebrity support is also important. Memecoin projects involving celebrities often attract a lot of attention, but if these celebrities withdraw their support, the value of Memecoin may also decline. By analyzing the interaction data on social media, AI can evaluate the influence of celebrities on Memecoin projects, thereby better grasping investment opportunities.
Investors also need to be vigilant about the risks Memecoin faces. Although the threshold is low, many projects may still have issues such as contract vulnerabilities, insider trading, or rug pulls. AI technology can help identify potential risks, provide real-time monitoring, and ensure that investors can react in a timely manner.
The Combination of AI and Memecoin
The involvement of AI will greatly promote the development of Memecoin. Through smart contracts and AI analysis, users can better identify potential valuable projects, reduce risks, and increase returns. In addition, AI can also play an important role in the creation and dissemination of memes, helping users create and spread more attractive content.
For example, AI can generate related meme content by analyzing hot topics on social media, thereby enhancing the dissemination effect of Memecoin. This AI-based creation not only improves the quality of memes, but also enriches the cultural connotation of Memecoin, making it more attractive.
In the future, with the continuous advancement of AI technology, the potential of Memecoin will be further tapped. Investors will be able to rely on AI analysis tools to more accurately predict market trends and identify potential projects. This process not only helps investors reduce risks, but also promotes the prosperity and development of the entire Memecoin ecosystem.
TrendX Excels at Capturing Memes
TrendX is a one-stop platform that helps users find investment opportunities through AI and big data technology. Since its establishment in 2022, TrendX has processed over 20TB of on-chain and off-chain data, analyzing real-time investment opportunities from billions of data dynamics. Adhering to the concept of "change is opportunity," TrendX provides investment advice to users through intuitive interaction, aiming to be the world's leading Web3+AI application ecosystem.
In particular, capturing memes is a difficult task, as they often first become active in some smart money addresses. This is precisely the advantage of TrendX, and the platform's self-developed fully automatic address screening system is one of its core strengths. Currently, the platform has gathered over 22,000 active Web3 projects, covering all projects from the primary to secondary market. Users can easily find the basic information, track classification, and community voting and comments of projects on the platform, and also utilize the platform's real-time updates of over 200,000 smart money addresses, including whale smart money and meme smart money. It is worth noting that the smart money function integrates TrendX's unique fully automatic address screening function, keeping the entire address library dynamically updated to ensure that the latest memes are captured by TrendX anytime, anywhere.
TrendX not only has strong capabilities itself, but also has established close cooperation with over 50 industry representative projects. These partners include OKX, Coingecko, Bitlayer, ChainCatcher, etc., all of which have made important contributions to the healthy development of the Web3 ecosystem. These partnerships further consolidate TrendX's leading position in the industry and bring more investment opportunities and resources to platform users.
Conclusion
The development of Memecoin not only profoundly affects the cryptocurrency market, but also redefines community culture and communication methods. In this field full of opportunities and challenges, continuous attention to the combination of AI and Memecoin will bring new insights and opportunities to investors and community members. With the power of AI, Memecoin may show even greater potential in the future and become a true game-changer in the market.
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