#meme币狂欢 meme Coin
A digital asset that uses images, memes, and jokes as its medium; its investment logic primarily relies on its narrative ability, that is, driving the value of the coin through eye-catching stories and cultural backgrounds. It can quickly spread within communities and form consensus, making meme coins not just a financial asset but a cultural phenomenon. The drastic fluctuations in meme coin prices and the market's discussions about their value and risk are becoming increasingly intense.
Meme coins are greatly influenced by community sentiment, social media popularity, and overall market trends. This high volatility means that meme coins are unstable and not suitable in the current market instability.
According to on-chain data, over 200 types of meme coins are issued weekly on the Solana chain, with trading volume at its peak accounting for nearly 40% of total DEX trading volume. This high liquidity makes meme coins a paradise for speculators, bringing a very high risk of market manipulation. It is not suitable for most investors to participate.