1️⃣ Why the Right Narrative Perspective is Most Important
If a good business model is a company's ability to continuously generate cash flow, then Meme coins, as a way of monetizing Web2 attention in Web3, attract cash flow through their ability to continuously attract more people's attention.
A good narrative perspective lays the foundation for the propagation gene of this Meme. With a good propagation gene, a natural buying base is formed, which determines the market cap ceiling of this coin.
And no matter how strong the market maker is, they cannot move a broken car. Of course, this excludes cases like BOME, which directly relies on violent price manipulation to draw attention. What I want to say is that 90% of narratives are destined to yield no significant results. I do not deny that some short-term narratives can profit through PVP, but this approach is more suited for quantitative trading.
People like to hear stories because stories have strong causality. Our intrinsic demand for stories is actually a demand for imbuing order in a chaotic world, and a demand for seeking certainty in an uncertain world. The plot and routines ultimately serve the order itself, and serve the construction of meaning itself.