Author: Haotian, Source: Author's Twitter @tmel0211
VC coins and MEME are not contradictory, they are essentially expected realization issues.
VC coins can be regarded as "open plots". After layers of rounds of financing accumulation, coupled with the high CEX listing costs, the default FDV after TGE will be high. Therefore, VC coins have to sell chips to the general audience by continuously "doing things".
The categories of "doing things" include points, airdrop activities, TVL Farming, ecological building, developer community maintenance, user (fleecing group + normal users) operation and maintenance, To B business model expansion, etc.
The frequency and intensity of "doing things", the pattern and courage of the founding team, and the data growth of projects (users, TVL, transaction volume, resources, etc.) are all visible indicators, and can be used as the fundamental evaluation criteria for users' "value investment".
In contrast, MEME coins are "conspiracies". Every minute, a batch of exquisitely designed "stories" and corresponding SC addresses are generated. They are fermented and spread in invisible communities around the world, constantly refreshing the height of market value in ups and downs, and finally relying on one story after another to get rich, becoming a "golden dog" in the eyes of the media and the public.
MEME coins will use information asymmetry and the wealth Fomo effect to sell chips to a wider audience. The potential of MeMe coins can only be judged by on-chain data and social sentiment. There are many uncontrollable unknown risks, but the short-term bet on the expected increase and returns is also full of temptation.
VC coins and MEME coins are not hostile to each other, it can only be said that their user groups have different preferences:
If you prefer long-term stable value growth and tend to define value through the work of the team and the project party, choose VC coins, capture various narratives and industry evolution paths, and there will always be gains if you keep up with the team;
If you prefer short-term opportunities to get rich quickly and make a small profit with a big investment, if you are good at discovering opportunities for information asymmetry and can withstand the emotional fluctuations caused by getting rich or losing suddenly, choose MEME coins, and you will have your own happiness in terms of profits and losses.
VC coins are not ignored by dogs, and MEME coins are not toys for pure gamblers. Everyone has their own Crypto path to take, so why should we favor one over the other?
Alex
Weiliang
Brian
Miyuki