Regarding #memecoin (including AI Agent coin), I must admit that I am a staunch bear. I have held this view since last year. I believe that most memecoins will go to zero. The core reason is: the issuance of memecoins is falsely touted as egalitarian, but it drains a large amount of liquidity. When one memecoin rises, others become inactive, leading to a decline in all memecoins.

Another reason is, what value does memecoin have? If self-entertainment is considered value, then I think this is a form of self-deception. Of course, I believe there is one undeniable value of memecoins, which is the thrill of gambling, with the cost being the money in your pocket. Most people stuck with memecoins ultimately choose to lie flat and play dead. The hope that exists psychologically is like the price of memecoins, sliding towards zero. #meme