🌅2.1 The Rise of MEMEs

One of the key driving forces behind the rise of MEMEs is the boom of Internet culture. Social media platforms such as Reddit, Twitter and TikTok play a crucial role in this process. Countless creative and influential people are active on these platforms. They rely on the community and make certain MEMEs quickly become popular through content co-creation and viral dissemination. Sometimes, just a tweet from a famous person or a trending hashtag is enough to instantly send the price of a certain MEME to unprecedented heights. This phenomenon is in sharp contrast to the technical discussions surrounding Bitcoin—the latter tend to focus more on rigorous analysis of technical details and financial mechanisms. MEMEs, on the other hand, represent more of an entertainment spirit, an inclusive attitude, and a display of strength among community members united for a common goal.

In addition, the decentralization concept and equal culture advocated in the cryptocurrency field are also important factors promoting the rise of MEMEs. Compared with those projects that mainly rely on initial coin offerings (ICOs) or venture capital to attract the participation of technological elites and financial experts, MEMEs has successfully attracted a more diversified audience with its lower technical threshold and broad appeal. User groups join in. This openness and accessibility not only helps to further democratize the entire cryptocurrency ecosystem and make it more transparent, but also effectively solves the problem that ordinary participants have suffered in the past due to concentrated selling by a large number of early investors. The problem of being "harvested". In short, whether from the perspective of culture or technological innovation, MEMEs are leading a new round of cultural revolution of crypto assets with their unique charm, and will profoundly affect the development trend of the future crypto market.