The dimension of value judgment also requires some overall view. If you only see the value of a project, you will think that the project with a team of 100 people and a lot of code updates is a valuable project, and Memecoin, which has no utility, is worthless. This is actually not seeing the essence.

The essence of the token economy is to look at the problem from an economic perspective. Why don't people buy into the value projects from the traditional perspective? Because its essence is likely to be a token dumping packaged at a high cost. Why do people buy into memecoin? Because it is a fair speculation packaged as a narrative - if guided properly, these huge speculative forces can become floods flowing through the dam, turning from a destructive force into a constructive force.