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The Meme Coin Craze: The Evolution and Risks from DOGE to AI Concepts
Discussing the Meme Phenomenon in the Crypto World
Recently, the movie "All In" featured some Crypto Assets elements, leading to a brief speculation on the market regarding "Keta Coin". This type of coin is commonly referred to as "Meme Coin" (Meme Coin).
Meme ( was first proposed by Richard Dawkins in 1976, referring to cultural factors that can spread at the level of human thought. In the internet age, memes often appear in the form of interesting images, emoticons, etc., and can spread quickly to form cultural consensus. Some entrepreneurs are good at using memes to spread their values.
!["All In" KTA Coin Surge and Plunge, A Brief Discussion on Memes in the Crypto World])https://img-cdn.gateio.im/webp-social/moments-3579a952d5ef5c045a4eb743ffc45a5b.webp(
The combination of Crypto Assets and memes began with Dogecoin ) in 2013. It started as just a joke, but unexpectedly became popular and gained a wave of attention in 2020 thanks to a certain well-known entrepreneur's promotion.
The success of Dogecoin has spawned a large number of imitators. Early meme coins were mostly based on internet culture materials, but later began to adopt grander narratives. In 2021, meme coins themed around animals became very popular. Recently, some projects have combined hot concepts like artificial intelligence with meme coins, attracting attention once again.
However, the current meme coins have deviated from their original meaning. They often lack substantial content and rely entirely on speculative sentiment for momentum. Some projects even do not need to create a narrative, as investors will conjure up various rumors themselves.
Due to the team's anonymity, meme coin projects lack the motivation for long-term maintenance. Some projects quickly inflate prices in the short term and then withdraw rapidly, causing losses for investors.
Nevertheless, meme coins will still be closely tied to the Crypto Assets market. In the current market environment, investors need to remain cautious and avoid blindly following short-term speculation. The attitude towards meme coins also reflects the overall development status of the industry.