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Are Meme Coins Still Promising?
I've been in the industry for less than five years, and my observation is: the operation of the crypto market seems to revolve around a core driver—trading enthusiasm. Meme coins, as a product of this wave, whether they can continue to exist depends on how long the enthusiasm can burn. Will there be new concepts to meet this demand? Absolutely. Each cycle repeats: old narratives fade, new concepts take over.
But frankly, my feeling about this market has always been—it runs on a gear of speculation. From Bitcoin to various tokens, the appeal has never been about breakthroughs in practical applications, but about the eternal promise: the possibility of the next hundredfold, thousandfold increase. That’s the truth behind the fame of crypto assets.
If we strip away this layer of speculative expectation, I find it hard to see the necessity of blockchain technology in real-world applications. Unless a truly large-scale use case emerges, its usefulness in many people's eyes is indeed limited. And that scenario has not appeared yet.