In this internet age, an interesting image or a humorous video can spread globally in a short time - this is the power of memes. As a native internet cultural form, memes are naturally suited for viral spread on the web. They often express a group's views on an event or phenomenon in a humorous, satirical, or playful way. Behind a popular meme, there's often the collective wisdom and emotions of a community.
A successful meme usually has the ability to unite and attract people. It quickly captures people's attention through unique humor or cultural attributes, evokes emotional resonance, and sparks the desire to spread. Driven by social media, a meme can achieve viral spread in an extremely short time, affecting thousands, millions, or even billions of people.
When meme culture meets finance, a community-driven value creation revolution unfolds. Unlike the elite-led and centralized management model in traditional finance, in the world of meme finance, every ordinary person can contribute to the community by creating and spreading memes. Individual wisdom and emotions converge in the community, forming a powerful collective force driving market change.
This community-driven value creation model is subverting the previous rules of the game. In the past crypto market, ordinary investors often found themselves at an information disadvantage and in a passive position, struggling to combat large institutional forces. But in the meme era, the power of the community can continuously accumulate, eventually forming a force that cannot be underestimated. Through memes, retail investors can quickly organize, form consensus, and fight against unfair market rules.
Even in traditional finance, we have witnessed the power of communities - the "GameStop legend" created by the WallStreetBets community. A group of retail investors, through the power of social media, fought against Wall Street institutions and pushed a nearly bankrupt stock to sky-high prices, becoming a landmark event in financial history.
In the crypto world, the power driven by communities is even more evident. Memecoins like Dogecoin and Shiba Inu have their value built almost entirely on community enthusiasm and recognition. Similarly, the success of Bitcoin is inseparable from the cultural construction and value shaping of its community. Without community support, they might be worthless; but with community endorsement, they can create astonishing value.
Compared to previous value investments, meme coins place more emphasis on user experience and emotional connection. Through interesting memes, interactive community activities, and shared value pursuits, meme coins create a unique cultural identity. This sense of identity makes community members willing to hold long-term, reducing short-term trading and selling pressure, providing strong support for the coin price. At the same time, community members are also more willing to actively promote and expand the community size, forming a positive cycle.
Moreover, in the meme era, individual power is rising, and community value is increasing. Individuals are no longer isolated atoms, but interconnected networks. Everyone can contribute their share to create greater value together. Every collective action initiated strengthens the cohesion of the community. And this cohesion is the core competitiveness of meme coins.
A vibrant community can make ordinary projects extraordinary; while a quiet community, even with an excellent project, can hardly exert its due value. This "community is king" value is challenging the previous "value investment" judgment criteria.
Against the background of increasingly prominent community value, Piin, with its multi-circle integrated community structure, is poised to become a new star in the meme era.
Piin is a completely community-driven meme inscription project. It originates from the Pi community with over 60 million user base, representing the determination of the grassroots to change their fate. As the community develops, Piin has attracted more and more like-minded people to join. Today, Piin has become a community that integrates multiple circles including the Pi circle, inscription circle, and crypto circle. This cross-boundary integration ability highlights Piin's unique advantage.
Moreover, Piin community members are actively involved, with clear division of labor, each contributing to the community's development. Although the overall crypto market is sluggish and the spread of panic has brought some challenges to Piin's development, the community still maintains enthusiasm for construction, which is a manifestation of community value.
Piin's unique advantage lies in its strategic layout across multiple ecosystems. As the king of cryptocurrencies, Bitcoin's ecosystem is still in its early stages of development. The recent funding obtained by Unisat and the emergence of new Bitcoin Layer 2 projects all indicate that developers are actively building in the Bitcoin ecosystem, with attention and support from institutions including exchanges like Binance and OKX. Moreover, the current low market value of the Bitcoin ecosystem makes it a "value depression" favored by investors. Therefore, in the new round of market conditions, the Bitcoin ecosystem will inevitably usher in a new round of explosion.
On the other hand, the SOL ETF application has been submitted recently, and approval is only a matter of time. Once approved, Solana is expected to see more institutional capital inflow. Additionally, the Solana ecosystem is a key focus for institutions and capital. Solana's advantages lie in low transaction fees and fast transaction speed. Institutions once promoted AI, Depin, and other tracks on Solana with the narrative of large-scale Web3 adoption.
Although it caused a period of heat, attracting incremental users and capital to the Solana ecosystem, in the end, it was still meme coins that stole the public's attention, giving birth to meme coins with hundreds or even thousands of times growth, successfully listing on top exchanges like Binance. This shows the huge attraction of the meme track to users and hot money.
Piin already has a leading advantage in the Bitcoin ecosystem, and cross-chain to Solana brings it broad development space. Piin solves the liquidity problem of the Bitcoin ecosystem, and by leveraging Solana, it reaches a wider crypto audience, laying a solid foundation for expanding into the global market. Moreover, Piin also occupies the Pi chain ecosystem with a 60 million user base. The combination of these three major ecosystems is Piin's unique highlight and advantage, bringing unlimited imagination space for Piin's future development.
Looking at the current situation, the market downturn is merely panic caused by the German government's sell-off and Mt. Gox repayments. The crypto market outlook remains broad, and the big market will still come. First, the launch of Bitcoin and Ethereum spot ETFs will bring in more overseas institutional funds; the interest rate cut cycle will lead to risk-averse funds flowing in; the US election, Trump's pro-crypto stance, and other positive factors all indicate that the crypto market still has follow-up potential.
The market downturn is only temporary, and long-term opportunities still exist. Any investment is about exchanging time for space, and the cost of chips is the determining factor for the next wave of returns.
The Piin community is originally a multi-circle integrated community, which is Piin's advantage and the cornerstone of Piin's success. Although there are currently some differences in the direction of community development, this precisely reflects the community members' deep concern for Piin's long-term development. Whether it's drying addresses, adding liquidity pools, or pushing for promotion, these are all indispensable key tasks at the current stage. The community direction is clear, whether it's offline or online activities, all aim to expand Piin's influence in various circles.
Therefore, at this moment, we should join hands and face challenges with a constructive will. The three development directions are not in conflict: those with connections and resources can dry addresses, those with operational experience and funds can add to liquidity pools, and those with limited time can push for promotion. The construction of the community needs everyone's participation and dedication. We supplement where we are lacking. Only by working together can we grow fruit and share the harvest.
1. The inscription track is absolutely still a hot track for the future, and we should go with the trend. 2024 is recognized as the first year of the Bitcoin ecosystem, and inscriptions are one of the most mature tracks in the current Bitcoin Layer 1 ecosystem. In comparison, other tracks like Runes still have issues such as complex names and imperfections, which don't quite fit the habits of Chinese users. Therefore, in the future bull market, inscriptions are likely to stand out.
2. The inscription track emphasizes fairness and justice, truly achieving decentralization, while Rune projects can have reserves, with the project team keeping 10% - 20% first, and the rest for everyone else to compete for. The project team's chip cost is zero, while users need to spend to acquire chips, putting retail investors at a disadvantage. Most projects in the inscription sector are relatively fair, although there are some that are minted in one go and airdropped to users.
Many popular inscription projects are like this, with the project team wash trading to get on the rankings. Piin, on the other hand, is 100% decentralized, fair, and just in terms of inscription numbers, inscription time, and inscription rule settings. Moreover, only inscriptions with 4-5 letters are standard and have a chance to be listed on major platforms in the future.
3. Inscriptions are directly related to Bitcoin, and Piin is also bound to SOL through cross-chain. Therefore, whether it's SOL or Bitcoin, when the bull market comes, the price will definitely double on the current basis, and SOL has even greater potential. Piin benchmarks against the number of Bitcoin and SOL, so when these two targets rise, Piin's value will also rise accordingly.
4. The Piin community integrates multiple circles. Whether it's the crypto circle, Pi circle, project circle, or newcomers who like communities and are eager to learn, everyone can find a sense of belonging in the Piin community. This is thanks to the tireless teaching and help of community volunteers. Sharing and mutual assistance have become common qualities in the Piin community, which is unmatched by other communities.
5. The Piin community has extremely high activity and organization. For nearly half a year, online and offline activities have never stopped, with various tasks such as online classes, night chats, and teaching proceeding in an orderly manner. Although some other inscription projects may seem eye-catching in the short term, whether they can stand the test of time depends on whether they have decentralized attributes and the genes to be listed on major exchanges. Those that are truly long-lasting and can stand the test of time must be truly decentralized projects like Piin.
6. Small market cap means great potential. A large market cap corresponds to a large amount of funds needed for price pumps, but Piin's market cap is only $4 million, and even a tenfold increase would only be $110 million. In comparison, projects with market caps of several billion or even tens of billions of dollars are common in the Ethereum and Solana ecosystems. The Bitcoin ecosystem is still in its early stages, and the emergence of projects with market caps of billions of dollars is inevitable in the future. As the Bitcoin ecosystem develops, Piin's market cap is also expected to grow accordingly.
7. Inscriptions are 100% fully circulating, so there's no need to worry about inflation bubbles. This includes the current cross-chain to the Solana chain. However much is crossed over, that much is locked on the Bitcoin chain, and the corresponding amount circulates on Solana. The total circulation has not increased, and there will be no inflation.
8. Piin's data is very healthy, with a total transaction volume of nearly 1,700 Bitcoins, plus the transaction volume on the Solana chain. The larger the trading volume, the more turnover, and the more solid Piin's price becomes, while remaining consistently popular. Moreover, with a small market cap but great potential, the number of holders exceeds 36,000. From a data perspective, Piin currently has the best data among all inscriptions.
9. Timing is crucial - buy when no one is asking, sell when everyone is clamoring. The current timing is the best opportunity for positioning. On one hand, Piin has gone through the test of time with large turnover, and on the other hand, it's about to usher in a bull market. The current cost is the lowest with the greatest potential. It's recommended to buy in stages, don't always try to catch the bottom, as no one buys at the exact bottom.
10. Piin has a reserve force of 60 million behind it, and Pi supporters lack knowledge about blockchain and the crypto circle. They might only enter when everyone is calling for it. So when the US cuts interest rates and the entire crypto circle starts to boom, many Pi supporters will enter the market. It's darkest before dawn, so we need to prepare and position ourselves in the dark, in order to achieve a turnaround when the next bull market arrives.