The new vitality of Meme coins? The breakthrough and transcendence of trendy Meme coins

Industry Express
2024-08-23 15:00:00
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Meme coins in the fashion industry can leverage this effect by collaborating with well-known designers or brands, integrating their cultural value and commercial potential into the Meme coins, thereby expanding their fame and influence.

This bull market is different from the previous one, which was characterized by a multitude of projects. Although there are projects being developed in areas such as infrastructure, DeFi, AI, and blockchain gaming, the majority of user discussions and participation have been focused on Meme coins. Meme coins have become the main battleground for various ecosystems, seemingly confirming that they have established themselves as a cornerstone of the crypto economy.

Why MEME Coins?

Meme coins refer to cryptocurrencies that originate from internet memes, internet emoticons, humorous images, or other humorous elements. At the end of 2013, two software engineers jokingly issued Dogecoin using the Doge meme, which sparked the craze for meme coins.

Compared to traditional cryptocurrencies, meme coins are distributed more fairly, have lower entry barriers, and make it easier to touch the myth of wealth creation. Even a "10u warrior" can achieve considerable returns; for instance, the bome in March this year ignited the popularity of meme coins within the Solana ecosystem. MEME coins inherently possess the attribute of viral spread, quickly attracting attention, establishing consensus, and driving emotions that lead to the surge and accumulation of immense value.

Viewing Lines in Seconds

With the explosive growth of the current meme coin ecosystem, combined with the support of Pump.fun, the "one-click coin issuance" model has changed the participation cost, operational cycle, and lifecycle of meme coins. According to DUNE panel data, as of now, Pump.fun has issued over 1.84 million meme coins, with a daily issuance often exceeding 10,000. Many smart investors have flooded in, and numerous newcomers have also joined, giving rise to many coins with lifecycles measured in hours, as well as many coins measured in seconds.

Total Issued by Pump.fun Data Source: Dune

In addition to the increased difficulty of participation, the entry barriers have also risen significantly. In the previously slow-paced market, players might have been able to profit from second-hand or even third-hand information, but now, even a second's difference can lead to significant profit and loss variations. Users often need to utilize various tools to monitor first-hand meme coin information and verify indicators such as the developers, chip distribution, and smart money to determine investment actions. A single concept can generate many meme coins with different names and on different chains, making it undoubtedly more challenging for users to trade meme coins and profit from them.

Everything has a development cycle; the current market situation of meme coins indicates that their development needs to enter the "next stage." Pure meme coins, with their attributes of satire, humor, or mockery, should be able to spread quickly. However, after the explosive growth of the ecosystem, user attention and coin liquidity have been greatly diluted. Many people can only seek certain returns through "quick in and out," and it seems increasingly impossible for pure meme coins to recreate the myth of Dogecoin's surge.

Why Fashion Meme Coins Have Wealth Creation Potential

  • Is the lifecycle of meme coins limited to this? There seem to be other answers.

If meme coins are combined with other fields, especially creative industries like fashion, it may bring about a longer-lasting profit effect and influence. The fashion industry has a long history, is inherently viral, and due to the popularity of specific trends, it is easier to resonate with the crowd and trigger FOMO, showing a remarkable similarity to memes. Incorporating fashion narratives into memes is bound to create different sparks; the dual propagation attributes combined with the enduring development of fashion, along with the rebellious characteristics of memes, will undoubtedly lead to meme coins with more prominent playability and wealth creation capabilities.

The fashion sector is a significant narrative within the economic system and has always been an industry favored by capital. When fashion memes can accurately target their audience—those sensitive to trends and willing to pay for individual expression—their combination of rapid dissemination and precise resonance will make fashion memes the easiest way to succeed in meme issuance. A group of people gathering around such a concept and forming a consensus will certainly attract the attention of capital.

  • The case of Trump provides us with compelling evidence.

As a former president of the United States, Trump not only has a significant influence in the political arena but also plays a unique role in the cryptocurrency market. When his NFT series was launched, it not only sparked intense market interest but also directly drove up the prices of related meme coins (e.g., TRUMP, MAGA, FIGHT, DJT-related memes reached thousands, with a total market cap peaking over $600M, and at one point, daily increases exceeded a hundred times). This indicates that the celebrity effect can greatly amplify the dissemination and market response of meme coins. Meme coins in the fashion sector can leverage this effect by collaborating with well-known designers or brands, integrating their cultural value and commercial potential into meme coins, thereby expanding their fame and influence.

Fashion enthusiasts often possess a keen sense of smell, making them more receptive to new things related to fashion. When Web 3's fashion meme coins emerge, they may bring entirely new users from outside the fashion realm. For users who have already been building in Web 3, entering the fashion meme coin space early undoubtedly represents a first-mover advantage.

The Cross-Border Integration of Fashion and Meme Coins: L-H's Breakthrough Attempt

In the context of meme coins gradually facing developmental bottlenecks, the L-H (LEGENDARY HUMANITY) team is leveraging its deep fashion background and blockchain technology experience to create a brand new digital ecosystem based on fashion and meme coins. By utilizing NFTs to authenticate the works of artists and designers, they aim to achieve community consensus through the $VIVI governance token, allowing for permissionless and unrestricted issuance of meme coins, amplifying the dissemination and linking value of fashion, and ensuring fair distribution of profits between designers and fans.

The founding team of L-H hails from Japan, a country that has long been at the forefront of the global fashion industry. W. David Marx described in his book "Harajuku Cowboys: Japan's Street Style" that "Japanese people have been the world's leading fashion consumers for years."

This project takes fashion as a starting point, focusing on the "problems" humanity will face in creation: The legacy of human masterpieces may disappear over time; in the era of AI technology and immersive visual transformation, how should we preserve and showcase them to benefit future generations?

To address this issue, L-H rapidly generates high-definition 3D models above 4K using unique 3D scanning technology that takes as little as 30 minutes to capture, digitize, and preserve these treasures of human design creation in high fidelity. This ensures that future designers and enthusiasts can continue to appreciate them, and creators can draw inspiration from designs that are decades or even centuries old. Based on this, the preservation and digitization of fashion works, as well as the creation of a vast digital archive of human wisdom, have become one of L-H's core missions.

Does L-H, based on meme coins, have the potential to successfully break through the challenges of MEME coins?

With a keen commercial sensitivity, the team views NFTs as an important means of digitizing fashion works. They have currently digitized 5,000 pieces of high-fashion clothing with collectible value and plan to complete the digitization of 100 million fashion works by 2029.

The L-H team combines traditional business resources with Web3 experience, consisting of seasoned entrepreneurs and technical experts: Founder and CEO Mack Suzuki majored in artificial intelligence, previously worked at HP Japan, and founded Japan's Boco Communications;

COO KNAETO Kanemoto founded Japan's first Q&A website and was the entrepreneur behind the world's first Q&A site that attracted 100 million unique users.

CSO KEN Fujii is an early member of the founding team of Cardano (whose native cryptocurrency is ADA, with a peak market cap exceeding $100 billion) and Jasmy, and has made significant contributions to the expansion of Filecoin.

On this basis, the team has been contemplating: Beyond exhibitions and memorials, is there a deeper approach that can directly impact the contemporary fashion industry? Ultimately, L-H has focused on meme coins—both share remarkable overlaps and similarities in user demographics, cultural drives, trend leadership, community and social attributes, and risk tolerance. Therefore, L-H gathers fashion meme coins to create an economic system between designers and fans, providing a community model where designers can deploy exclusive meme coins, connecting designers as issuers of MEME with fans, digitizing creative works, and providing growth and tool mechanisms to empower meme coins with stronger community consensus attributes.

External Empowerment from the Crypto Industry Fuels L-H's New MEME Ecosystem Construction—Full of Potential

In addition to the impressive business operation background and strong technical support of the founding team, L-H also possesses abundant fashion resources, having established collaborations with hundreds of well-known designers. It is reported that L-H is currently in communication with designers such as Mago Nagasaka (a well-known Japanese social activist and artist, designer for the 2025 Osaka Kansai Expo) and Poppel (a renowned computer culture landscape designer/technologist whose NFTs have been widely disseminated) regarding the specifics of issuing meme coins.

At the same time, L-H has engaged in deep cooperation with BytePlus, a subsidiary of ByteDance (which is also the parent company of TikTok), and has launched an AR exhibition application based on TikTok in the Japanese market. The two parties are collaborating in the fields of 3D-AIGC, augmented reality (AR) technology, and digital asset management. Most importantly, they are about to launch extensive applications on TikTok. According to related media reports, TikTok will provide L-H with a traffic entry point to its official website to showcase their collection of high-fashion garments.

Additionally, L-H has created the world's first 3D fashion digital museum, LA MUSEUM, which presents historical fashion works in ultra-high-definition 4K and 8K formats using VR and Web3 technology. LA Museum is not just a museum; it is L-H's laboratory, pioneering a new digital path for the fashion sector. In the LA Museum app, L-H perfectly combines history with innovation, allowing global fashion enthusiasts to explore digital archives at any time.

These powerful backgrounds and the potential for external empowerment ensure the feasibility of ecosystem establishment, providing a multi-dimensional and precise economic model that lays the foundation for the prosperity of the entire ecosystem.

The L-H ecosystem currently utilizes three types of economic tokens:

  • $VIVI Governance Token: $VIVI is the core governance token of the L-H ecosystem, with a total supply of 2 billion, making it the most important TOKEN in the ecosystem. It is expected to be listed on compliant exchanges in Japan within this year. Holding $VIVI is the only way to participate in all tasks, activities, and future decisions of the L-H ecosystem. Holders can vote on key decisions affecting the L-H ecosystem, participate in community co-construction, and receive community meme coins within the ecosystem, sharing the commercial value of the entire ecosystem.
  • NFT: Genesis NFT is the unique identifier that verifies ownership and represents the identity of early co-builders, and it is the most important channel for obtaining the governance token $VIVI. Holders enjoy exclusive rights, including airdrops of the governance token $VIVI; permissionless and unrestricted issuance of meme coins; and airdrops of other meme coins within the ecosystem. Designers can also issue fashion NFTs within the ecosystem, and community members and fans who hold them can receive corresponding designer meme coin airdrops.
  • Meme Coins: This is a new model for issuing a series of meme coins by designers from around the world within the L-H ecosystem, aimed at helping designers and fans establish a win-win economic model that drives shared profit distribution between designer and fan communities. Holders can participate in the economic co-construction of the designer community, and staking meme tokens can also earn $VIVI governance tokens, establishing synergy between the two types of tokens to ensure the healthy development of the ecosystem.

How to Participate Early in L-H:

L-H is currently in its early stages, and its unique positioning and multi-layered resource integration give it a high potential for breakthroughs in the meme coin space. L-H is not just a simple meme coin project; it tightly integrates fashion with Web3, creating an economic system co-created by designers and fans, truly endowing meme coins with substantive value and community consensus. The strong background of the team and the resource advantages in the fashion design circle, combined with collaborations with top resources like ByteDance and LA Museum, lay a solid foundation for L-H's success in the meme coin field. Early participants have the opportunity to gain significant returns in this highly disruptive ecosystem. There are several ways to participate:

  • You can mint Genesis NFTs on the official website, which are divided into three levels, and you can mint according to your situation: ++https://nft.lhvivi.io++
  • Earn points for free (mandatory): ++https://act.lhvivi.io/++++, complete tasks to earn points, which can later be exchanged for $VIVI tokens
  • Join the official Telegram: https://t.me/LHT_official/2, where there are often small activities for token airdrops

It is reported that L-H completed its seed round financing at the beginning of the year, with local Japanese investors investing $6 million at a seed round valuation of $20 million; they are currently in discussions for angel round investment at a valuation of $40 million with multiple investment institutions, and you can follow official media platforms for the latest news. Based on the overall background strength and ecological vision of the project, L-H is a project worth early layout and participation, and it may launch with a hundredfold return.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
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