Hashed Partner: Meme coins need to rely on community belief and sustainable value to survive
PANews reported on February 17th that Hashed partner Ryan Kim stated, despite many tokens with Ponzi-like economic features having collapsed, some Memecoins have survived.
He believes the key to these tokens' survival lies in the community's enthusiasm and almost religious belief. Ryan pointed out that for long-term existence, Meme coins need to pursue sustainable and achievable value, such as love, peace and community spirit, rather than merely relying on short-term speculation and market sentiment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain whale sold 7,621 ETH in the past 3 days, cashing out approximately $23.85 million.
Pudgy Penguins will launch a brand animation at the Las Vegas Sphere during Christmas.
Data: Suspected BitMine new wallet withdraws over 23,600 ETH from an exchange, worth approximately $73.4 million
US SEC Issues Crypto Asset Custody Guidelines, Systematically Outlines Wallet Types and Key Risks