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https://opensea.io/collection/memes-77
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harris wang
@lumos-why
The so-called "unexplainable narrative phenomenon" refers to situations where a cryptocurrency pumps in price, yet the community cannot provide any logical explanation, ultimately attributing it to market manipulation or short squeezes. Many recent low-cap altcoin pumps share this characteristic.
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harris wang
@lumos-why
Currently, the only narratives with explanatory power are those tied to U.S. political developments, which is why political meme coins can maintain plausible narratives. AI-related projects might also develop partial narrative coherence if they demonstrate new technological breakthroughs or achieve product-market fit (PMF). Only through maintaining logical narrative consistency can projects effectively guide market liquidity flows.
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