How is the Meme born in the trillion-dollar market? How should it be captured?

TrendX
2024-10-23 19:04:39
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The rise of Memecoins is inseparable from a strong community foundation. Since the emergence of tokens like DOGE and SHIB, they have not only represented economic value but also carried the emotions of internet culture. In the early stages of cryptocurrency, many users flocked to these projects due to their fun nature and sense of community belonging. The power of the community is intangible, yet extremely important. For a long time, internet culture has held a significant position in the crypto space, from the initial "Dogecoin" to today's various

As of October 20, the data statistics for BTC, ETH, and TON on the TrendX platform are as follows:

The discussion count for BTC last week was 15.09K, an increase of 20.59% compared to the week before; the price last Sunday was $68,878, up 1.18% from the Sunday before.

The discussion count for ETH last week was 3.63K, unchanged from the week before; the price last Sunday was $2,737, up 3.63% from the Sunday before.

The discussion count for TON last week was 943, an increase of 20.59% compared to the week before; the price last Sunday was $5.33, up 1.75% from the Sunday before.

The rise of Memecoin is inseparable from a strong community foundation. Since the emergence of tokens like DOGE and SHIB, they have not only represented economic value but also carried the emotional weight of internet culture. In the early stages of cryptocurrency, many users flocked to these projects due to their fun nature and sense of community belonging. The power of the community is intangible yet extremely important. For a long time, internet culture has held a significant position in the crypto space, from the initial "Dogecoin" to the various memes today, the formation of Memecoin is like an epic of internet culture.

The accumulation of internet culture and the power of community hype cannot be underestimated in the development of Memecoin. Users' sense of identification with these symbols is not instantaneous but built over time. In this process, the barrier-free nature of Meme culture allows everyone to participate, forming a massive user base. The NFT community players who were popular in the past two years 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.

Against this backdrop, the introduction of AI provides a new perspective for analyzing and predicting the potential of Memecoin. By analyzing the interactions, emotions, and behaviors of community members, AI can identify which Memecoin projects resonate more culturally and in the market, thus providing valuable decision-making support for investors.

Viral Effect and Liquidity

Compared to NFTs, Memecoins have advantages in dissemination and liquidity. This characteristic makes Memecoins a more viral cultural carrier. The participation of celebrities and KOLs enables Memecoins to achieve large-scale dissemination in a short time. For example, the combination of Trump with the Pepe image during his campaign became a widely influential Meme, which not only boosted the value of Memecoins but also sparked larger social discussions.

With the development of social media, the speed of Memecoin dissemination has been unprecedentedly enhanced. AI can track the dissemination paths of Memecoins across different platforms through social media analysis techniques, identifying hotspots and potential investment opportunities. For instance, after the release of $Trump, the Biden team also recognized the influence of Memes and planned to hire a dedicated Meme manager to attract the support of young voters. This series of events fully demonstrates that Memecoins are not only financial tools but also representatives of modern cultural dissemination.

In this dissemination process, AI can also help analyze user emotions, thus predicting the future trends of Memecoins. When market sentiment is high, the value of Memecoins often rises rapidly, while during low sentiment, they may face sell-offs. Therefore, understanding market dynamics and user psychology is an essential element when investing in Memecoins.

Small Leverage, Big Returns

The success of Memecoins lies in their volatility and wealth creation myths. For example, Tron seized the Memecoin craze during market fluctuations and launched several projects related to Memecoins. The explosive rise of SUNDOG, from $0.002 to $0.20, attracted significant attention from investors and media. This phenomenon indicates that Memecoins can not only bring considerable returns to individual investors but also boost the overall activity of the ecosystem.

AI plays an important role in this process. By analyzing historical data and market dynamics, AI can identify which small Memecoins may trigger large-scale user participation. Investors can use AI tools to quickly obtain market information, allowing them to make more informed investment decisions. Additionally, AI can optimize trading strategies through algorithms, helping investors seize opportunities in volatile markets and achieve the goal of small leverage leading to big returns.

This wealth creation effect is particularly evident in Memecoins. Many successful Memecoins have astonishing wealth stories behind them, attracting a large number of new users. As the FOMO (Fear of Missing Out) mentality spreads among investors, the popularity of Memecoins continues to rise. This phenomenon not only drives the market price of Memecoins but also increases the overall activity of the cryptocurrency market.

A New Perspective on Market Strategy

The success of Memecoins is not accidental; traditional project thinking is facing a transformation. In the past, many projects built products first and then matched users, while Memecoins are a disruptive example. Since the community of Memecoins has naturally formed, building a product that includes Memecoins 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. A portion of the fees generated from trading is used to buy and burn BONK tokens, thus aligning economically with token holders. This innovative combination not only attracts user participation but also gives Memecoins new vitality.

This strategy of combining Memecoins with practical products provides new ideas for future projects. By integrating AI technology, user needs can be analyzed more accurately, optimizing product design. In the future, more projects may quickly enter the market and create value by leveraging the popularity of Memecoins in this way.

How to Evaluate the Potential of Memecoins

In the field of Memecoins, evaluating their potential requires a comprehensive consideration of multiple factors. First, the stability of community consensus is an important indicator. The reactions of community members during market fluctuations can directly affect the value of Memecoins. AI sentiment analysis technology can help investors understand the emotional changes within the community, assessing the risks and opportunities of projects.

Secondly, the durability of celebrity support is also crucial. Memecoin projects that involve celebrities often attract significant attention, but if the support of these celebrities wanes, the value of the Memecoins may decline accordingly. By analyzing interaction data on social media through AI, the influence of celebrities on Memecoin projects can be assessed, allowing for better investment opportunities.

Investors should also be wary of the risks faced by Memecoins. Although the entry barrier is low, many projects may still have issues such as contract vulnerabilities, insider trading, or Rug Pulls. AI technology can help identify potential risks and provide real-time monitoring to ensure that investors can respond promptly.

The Combination of AI and Memecoins

The involvement of AI will greatly promote the development of Memecoins. Through smart contracts and AI analysis, users can better identify potentially valuable projects, reducing risks and increasing returns. Additionally, AI can play an important role in the generation and dissemination of Memes, helping users create and spread more attractive content.

For example, AI can analyze trending topics on social media to generate related Meme content, thereby enhancing the dissemination effect of Memecoins. This AI-based creation not only improves the quality of Memes but also enriches the cultural connotation of Memecoins, making them more appealing.

In the future, as AI technology continues to advance, the potential of Memecoins will be further explored. Investors will be able to rely on AI analysis tools to more accurately predict market trends and identify promising projects. This process will not only help investors reduce risks but also promote the prosperous 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 philosophy of "change is opportunity," it provides users with investment advice through intuitive interaction, making it one of the most cutting-edge Web3+AI application ecosystems globally.

Capturing Memes is particularly challenging, as they often first become active in certain smart money addresses. This is precisely where TrendX excels; the platform's self-developed fully automated address screening system is one of its core advantages. Currently, the platform aggregates over 22,000 active Web3 projects, covering all projects from primary to secondary markets. Users can easily find multidimensional data such as project basic information, track classification, and community voting and comments, as well as utilize the platform's real-time updates on over 200,000 smart money addresses, including whale smart money and Meme smart money. Notably, the smart money feature integrates TrendX's unique fully automated address screening capability, dynamically monitoring and screening various dimensions and factors to keep the entire address database updated. This ensures that the latest Memes are captured by TrendX anytime and anywhere.

TrendX not only has strong capabilities but also has established close partnerships with over 50 industry representative projects. These partners include OKX, Coingecko, Bitlayer, ChainCatcher, and others, all contributing significantly to the healthy development of the Web3 ecosystem. These partnerships further solidify TrendX's leadership position in the industry and bring more investment opportunities and resources to platform users.

Conclusion

The development of Memecoins has profoundly impacted the cryptocurrency market and redefined community culture and dissemination methods. In this field full of opportunities and challenges, continuous attention to the combination of AI and Memecoins will bring new insights and opportunities for investors and community members. With the power of AI, Memecoins may demonstrate even greater potential in the future, becoming true game changers in the market.

Research Data

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