Binance Launches Four Spot Markets at Once —
The market liquidity probably can't support so many spots. Currently, in the MeMe market, whether they are launched or not, except for $TUT, everything is visibly declining, and it is expected to face a wave of washout;
I feel that MeMe will eventually circle back to the embrace of the old-school MeMe. The essence of MeMe is the right timing to leverage and the stimulation brought by rapid ignition, which requires sufficient market liquidity and a broad community effect;
Therefore, I believe the core of Meme coin success mainly lies in the combination of cultural narrative, KOL dissemination, FOMO market sentiment, liquidity and economic model, and technological innovation.
In the short term, market sentiment determines whether Meme coins can skyrocket overnight, while in the long term, the sustainability of community consensus and narrative is key.
Among the several that have been launched, they possess celebrity effects, cultural resonance, and a period of market sentiment ignited by CZ and the first sister; however, the long-term effect is obviously insufficient. After being launched, the heat and funds may not be easy to sustain;
Of course, I think MeMe is a great sociological experiment. Just like when Doge and Shiba first became popular, the social experiment opened Pandora's box. However, as time passes, only those MeMes that can be remembered and recognized by everyone are valuable MeMes;
So I still firmly believe:
In the future, funds may still flow towards $PePe, $Doge, or even the only one I think has emerged this round, $Trump;
Currently, if Binance wants to support, I think a better way would be to firmly support one, achieving $500 million to $1 billion, like Mubarak, while trying to launch too many at once feels like it could choke!
Mubarak #MUBARAK, CZ'S Dog #BROCCOLI714, Tutorial (#TUT), Banana For Scale #BANANAS31
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