Why are they keen on speculating on memecoin and don't want to take over VC? We can see from Scroll's so-called airdrop rules:
- Scroll gave BN Launchpool 5.5% of the total tokens, and it only took two days to mine, while the first drop of the airdrop farming that took a long time for retail investors was only 7%
- The airdrop snapshot date was set ten days after the announcement date, providing an opportunity for large investors/institutions to come in and roll in. They only need to mine for ten days to get out of the game, and the shares of long-term investors, especially retail investors, are further diluted
VCcoin has been doing business with to cex and large investors/institutions since the beginning of TGE. The essence of airdrop is to distribute more tokens to their own people or those who are beneficial to them. Whether it is for the project party, large investors/institutions, or even exchanges, retail investors are in a weak position. It's good for retail investors to have soup to drink, and the golden age of pursuing excess returns has long passed.
Memecoin provides a fair opportunity while also rewarding degen. In the early stage, degen can make profits through sniping and PvP; ordinary retail investors work together through CTO to build a meme with a narrative. Although it is a life-and-death struggle, not everyone can grow to a market value of tens of millions or hundreds of millions, but as hot money flows in Memecoin, more or less, they can always find a profit angle. Coupled with the various incentives of getting rich quickly by going to memecoin, retail investors will be more fomo. The power of retail investors working together cannot be underestimated, which is why all major public chains have to engage in pump. Throughout the process, the project party can be everyone, big players cannot enter the market with large funds, institutions cannot participate openly, and exchanges are the exit liquidity on the meme chain in the later stage. These things that VCcoin relies on and is proud of have been pulled to a relatively equal status in memecoin, allowing them to release all the upward space that was squeezed in the early stage.