Memes

The Meme frenzy will not span the entire market cycle, yet its spillover market vitality will benefit the majority of the crypto ecosystem. The profit-driven nature of hot money dictates that Meme coins cannot sustainably generate wealth effects. When most investors have witnessed the dual nature of short-term wealth explosions and crashes to zero, they will naturally seek more balanced investment targets (leaning toward more risk-averse investors).

At that juncture, technical projects that have genuinely solved real-world problems, established user stickiness, and developed clear business models will undergo valuation reassessment, completing their transformation from conceptual experiments to value-driven entities. Therefore, for technology-driven narratives, this is not an endpoint but rather the beginning of a rebirth - a phoenix-like resurgence emerging from the ashes of speculative frenzy.