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The New Meme Trend is Coming: The Secret Behind Xiaohongshu's Rise in the Crypto Space
Why are users flocking to a pink dinosaur avatar?
Author: Pzai, Foresight News
January 19 is the date the U.S. Supreme Court approved the 'Tiktok ban' bill. As this deadline approaches, Xiaohongshu unexpectedly becomes a new gathering place for many American users (self-proclaimed 'TikTok Refugees'). Following this, the MEME token MOMO on Solana surged from a low point, and as of the time of writing, its market value has skyrocketed from $100,000, approaching $12 million at one point, embodying the market's fervent pursuit. What is MOMO? Why are users flocking to a pink dinosaur avatar?
Author: Pzai, Foresight News
January 19 is the date the U.S. Supreme Court approved the 'Tiktok ban' bill. As this deadline approaches, Xiaohongshu unexpectedly becomes a new gathering place for many American users (self-proclaimed 'TikTok Refugees'). Following this, the MEME token MOMO on Solana surged from a low point, and as of the time of writing, its market value has skyrocketed from $100,000, approaching $12 million at one point, embodying the market's fervent pursuit. What is MOMO? Why are users flocking to a pink dinosaur avatar?
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