After LTC was downgraded to a memecoin, the game "Who is the meme" started to become popular?

CN
4 hours ago

With the conclusion of the U.S. elections, the Bitcoin Meme craze is rapidly spreading, attracting significant attention from both funds and communities. From the market fluctuations following Trump's announcement of Musk taking charge of the "Department of Government Efficiency," to the continuous rise of Meme coins (like $DOGE) and the AI Meme concept sector, we can't help but ask: who will stand out in this wave and become the next legend?

Recently, $DOGE and related Meme coins have performed remarkably, especially the Trump-themed Meme coin Peanut the Trump (PNUT), which surged by as much as 324.49% within just 24 hours, with trading volume exceeding $6 billion. In the past 24 hours, Meme projects have drawn immense market attention, with Meme tokens occupying six of the top ten spots in trading volume rankings—DOGE, SHIB, PEPE, WIF, BONK, and PNUT. This Meme craze has not only stirred up huge waves in the market but has also filled people with anticipation for the future of Bitcoin-related Meme projects.

Who is the undercover? Li Kui and Li Gui?

The vast majority of memecoins are located on Solana, mainnet, and Layer 2, leading me to ponder whether this aligns with the original intent of the meme?—As the most supportive crypto president of Bitcoin, Bitcoin has long been missing a native memecoin. Just when I thought I had spotted a blind spot in the market and was preparing to contact DEV for development, MerlinChain released an official tweet: "In light of the current market environment, we now position ourselves as the core force of Bitcoin Meme, driven by $MERL." Following LTC's downgrade to memecoin, Merlin intends to become a leader in the Bitcoin Meme space and inject more innovative momentum into this craze. So, in the context of the ongoing rise of Meme culture, the game of "who is meme" officially begins, akin to "who is the undercover," where fish eyes and pearls compete—who will emerge as the next legend in this competition?

The Rise of Bitcoin Meme Culture: The New Charm of Blockchain

Bitcoin is not just a digital currency; it has evolved into a cultural phenomenon. With the rise of Meme culture, Bitcoin has gradually become a medium for creativity and expression, attracting widespread participation from users around the globe. An increasing number of Bitcoin-related Meme projects and tokens (like Meme Coin) have emerged, rapidly accumulating a large fan base and investors through strong community effects, becoming an undeniable force in the crypto market.

But how to stand out in this Meme craze? How to break free from intense competition in the creative Bitcoin ecosystem and become a true "legend" project? The answer lies not only in the uniqueness of creativity but also in technological innovation and the enhancement of user experience. Based on this, Merlin is laying the groundwork for its emergence in the Bitcoin Meme field through continuous innovation.

The Dilemma of BTC Memecoin

As mentioned earlier, the vast majority of memecoins originate from Solana, mainnet, and Layer 2, due to their relatively fast response speed and delivery methods, which bring significant attention to liquidity. This is one of the dilemmas of BTC memecoin—difficult secondary trading behavior.

How can we enhance the liquidity of BTC memecoin? BTC Layer 2 may be one of the optimal solutions. Whether it is Merlinchain, which has launched $MERL as a payment method, or classic L2 solutions that bridge through virtual machines, when BTC's gas fees decrease and block generation speeds up, BTC memecoin may open a new narrative for a bull market.
After all, who can resist playing memes on BTC?
Merlinchain allows users to use $MERL instead of Bitcoin gas fees. It simplifies the trading process, reduces transaction costs, and enhances trading flexibility, bringing stronger adaptability and scalability to the Bitcoin ecosystem. Users can conduct crypto transactions more conveniently without worrying about complex fee settings.

At the same time, Merlin has also launched an upgraded version of the AA wallet Particle, optimizing the trading interface and operation process, making transactions more intuitive and efficient for users. Through these innovative measures, Merlin not only enhances user experience but also further solidifies its core position in the Bitcoin Meme craze.

Opportunities and Challenges Facing "Who is Meme"

As the Bitcoin Meme culture continues to develop, the market competition faced by many L2s is also intensifying. How to continuously innovate and meet user needs in a fierce market environment? "Who is meme," who is more willing to lower their stance, who values the market more, will be the one to stand out in this bull market.

Merlin clearly stated on its official Twitter: "We now position ourselves as the core force of Bitcoin Meme, driven by $MERL." This statement reflects Merlin's ambition in this field and indicates its firm belief in the immense potential of Bitcoin Meme culture. Through innovative payment solutions and wallet optimizations, Merlin is actively positioning itself to seize opportunities in this emerging market.

Future Outlook: The Deep Integration of Meme Culture and Blockchain

As the Bitcoin Meme craze further heats up, I believe more and more projects will embrace memes. How to showcase meme culture across different chains is a seemingly nonsensical surface, but its core needs to be formed through technological innovation, unique advantages of payment solutions, and continuous enhancement of user experience.

In the future, with the globalization and commercialization of Bitcoin Meme culture, all project technical teams will continue to face more challenges and opportunities in innovation and market expansion. And in this wave of enthusiasm, have LTC and Merlin, as the first to embrace memes, truly prepared for transformation to become the next legend? Or will they become a joke in their respective ecosystems? The outcome remains unknown, but the tide of the prologue has already arrived.

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