Meme Coins and the Web3 Narrative of 'Coral Reef Black Amber'

In 2023, the film 'All In' was released, focusing on telecom fraud, sparking social discussions. The 'Keta Coin' featured in the film became the center of attention in the cryptocurrency circle. These types of anonymously issued coins that emerge with trends are called meme coins (internet celebrity coins, dog coins). Due to their popularity on the internet, they trigger a brief craze, and their speculative value far exceeds their actual value, similar to meme stocks in the stock market.

Keta Coin case: On August 5, 2023, Keta Coin was launched alongside the screening of 'All In', with an initial price of only $0.000000000005, reaching a peak increase of 340 times on that day. By the evening of August 7, the price hit a historical high of $0.000000019075, surging over 3800 times, closing up 479.37% that day.

Similar events occurring frequently:

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In 2021, Squid Coin (SQUID): Following the explosive popularity of Netflix's Korean drama 'Squid Game', SQUID increased 230,000 times within a week, peaking at $2861 per coin, but fell to $0.0007 per coin within 5 minutes, ending in a crash.

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In 2022, Uncle Coin (SUC): In July, the short video 'After Three Days Back in the Village, Uncle Cured My Mental Exhaustion' went viral online, and Uncle Coin was launched in response, quickly heating up the crypto market before rapidly cooling.

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New Chapter in 2025: Jointly produced by Jinse Finance (@JinseFinance) and Twinkle (@Web3Twinkle), 'Coral Reef Black Amber' is scheduled for release on May 6, 2025, at 16:00 on major mainstream film platforms. As the first Web3-themed film, the meme coin 'NeroCoin' (address: 0x552a114bfdbe2431fc176d64191904ca0fcc4444) appearing in the trailer has garnered attention. With a current market value of approximately $8,000, NeroCoin, like Keta Coin, Squid Coin, and Uncle Coin, may ride the wave of the film's popularity. This film may open a new narrative paradigm of 'Blockchain + Film', injecting dual values of rational thinking and artistic expression into the Web3 industry.

The Fate of Meme Coins: Meme coins originate from internet slang, carrying ideas and behaviors spread within the same cultural atmosphere. As a tokenized product of internet 'meme culture', their prices are linked to trending topics, lacking value support, making explosive growth and sharp declines the norm. Investment requires risk control and cautious investment.