The Death Spiral of MeMe Coin: An Unreversible Game of Entropy

Recently, everyone has been asking: why haven't we seen another big hit MeMe coin like WIF or Popcat after Trump?

Many say it's because of the bear market, poor liquidity, and the end of SOL dividends. These are certainly reasons, but there's a deeper logic at play:

👉 Essentially, it's because:

→ The market has already played through all types of coins (AI coins, meme coins, celebrity coins, etc.), and the novelty is gone.

→ There are too many new coins, too many choices, and attention is severely scattered; people can't find consensus.

→ Players have also become smarter. After several rounds of explosive rises and falls, trust and FOMO emotions have significantly decreased.

The gameplay of MeMe coins was originally simple and straightforward:

Social media hype → Listing on exchanges → Igniting FOMO → Price surge

But now, every step has encountered problems:

⚠ KOL hype is no longer trusted

⚠ Exchanges are hesitant to take the last step

⚠ Retail investors are becoming less impulsive

Moreover:

▪ New coins are being issued too quickly, draining liquidity from old coins

▪ Community trust continually declines with each explosion

▪ Ultimately, the overall market value shrinks, and MeMe naturally collapses

Using a dynamic model for simulation, the results show:

📍 It's not the sheer number of new coins that causes the collapse; even if the issuance slows down, as long as more and more people are losing money, MeMe will collapse.

📍 PUMP (rapid issuance of projects + pump mechanism) essentially injects short-term vitality into a closed market, but merely delays the collapse.

📍 What truly kills MeMe is the loss rate and imbalance between buying pressure.

In simple terms: no matter how powerful the operators are, or how well they promote, without a continuous influx of new retail investors, the system will eventually collapse.

What to do in the future?

• Retail investors need time to regain confidence (about 6-8 months), along with new narratives and technological disguises.

• Those who can truly survive will not rely on short-term trading, but on continuous learning, getting close to the core circle, and becoming the ones who control liquidity.

🌟🌟🌟 A core summary in one sentence

MeMe was not destroyed by PUMP; it was slowly killed by the loss of trust, depletion of liquidity, and the vicious cycle of losses.

To survive in the future, one must either gain power or continuously learn and grow, and not be a retail investor that can be casually harvested.