Author: NingNing, independent researcher Actors: X@0xNing0x
If we set the observation period to 23 years to the present, and then compare the secondary market characteristics such as volatility/return/maximum drawdown of the value coin leader and the meme coin leader, we will find that this is not the case.
For example, the overall performance of the value coin leader $TIA is better than the meme coin leader $Doge $SHIB, and only weaker than $PEPE.
As a collective personality, the market always habitually exaggerates short-term memory and frequently forgets and modifies long-term memory.
The "MeMe coin soars and the value coin falls to the ground" we are currently experiencing is probably just a cyclical phenomenon.
The life cycle of the "value coin is finished" theory will be shorter than that of most celebrity meme coins.
A new narrative that emerged in this round of meme coin explosion cycle - attention economics, is more worthy of attention from value investors. Web3 mass adoption has reached the batting point, and attention economics will play an important role in this process.
After reaping the dividends of the meme coin explosion cycle, @HuobiGlobal began to actively deploy attention economics infrastructure projects. The attached picture is a compilation of 11 SocialFi projects compiled by the Huobi team.
In the next cycle, I will actively reject the primitive animal desires of on-chain PVP and dog lottery, learn from the Buddhist heart of the blue fox, and grow with the value coin.
The cycle rotates, and the value lasts forever.
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