Top Trader Discusses Longevity Of AI Meme Coins

According to BlockBeats, on October 20, top trader Eugene Ng Ah Sio shared his thoughts on the longevity of AI meme coins on social media. He emphasized the importance of defensive durability, favoring concepts that are philosophically immutable, cannot be replicated, and do not require continuous content generation. Ng highlighted that large language models (LLMs) on platforms like Twitter are susceptible to various threats over time, such as improved LLMs and different personalities. He suggested that new religions and cults might serve as more intuitive Schelling points for long-term markets. A Schelling point, a game theory concept, describes a strategy or action point that people tend to choose based on common expectations or prominent features without communication. Ng concluded by noting that this principle underlies the origin of Bitcoin.