How to value meme coins?
Recently, many celebrities have issued coins. The Chinese circle has started to say that celebrities can't make money. Have they started to issue coins?
The market is full of people who are interested in refuting. Twitter blocked some people who like to make trouble and have no nutrition. I feel much better.
MEME valuation = narrative + communication + funds
For meme, narrative is the product, culture is the product, and community is the product.
The narrative in the formula is the meme product itself, and communication is a deviation factor that is difficult to accurately calculate and contains multiple factors. If extended, the valuation = the size of the narrative (the scope of the market) + the frequency of emotional awakening + the celebrity effect (KOL recognition and ability to bring goods) + SOV (Share of Voice: media share) and other multiple factors.
Most memes will face the end of zero.
Finally, the funding environment is needed, which is more like a Ponzi scheme. Are there any dealers with a pattern? In this regard, some Western projects are really incomprehensible. The ones who can survive are really survivor bias. For example, the current market value of#dogeis 5.4% of ETH; the market value of shib is 3.39% of ETH; the market value of#pepeis 1.31% of ETH; the market value of#wifaccounts for 2.76% of the market value of sol; the market value of#flokiaccounts for 2.52% of the market value of bnb, which is highly correlated with the market value of the main chain. Of course, as more and more people recognize and buy, the market value share may be higher. #