I’ve been looking into some recent Chinese meme coin projects, and honestly, I find it a bit confusing.



What exactly are these projects trying to achieve? Are they just blindly following the trend of issuing tokens, or is there really something behind them? Each one has a flashy name, and the community engagement is quite high, but if you ask them about their business logic or what real value investors can gain, they all seem unable to give a clear answer.

Despite this, many people are still investing in such projects. In this market cycle, meme coins definitely catch the eye, but in the long run, can these coins without a clear positioning really go far? It seems like many people are just betting on luck rather than based on anything substantial.
MEME-0.59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
LiquidityLarryvip
· 12h ago
Haha, this is the charm of meme coins. Asking about fundamentals is a lost cause. Honestly, these projects are all the same now; as long as they have hype, that's it. My personal experience tells me that betting on luck is really not as good as finding coins with actual use cases—more peace of mind.
View OriginalReply0
FlashLoanPrincevip
· 12h ago
Haha, it's hilarious, just a bunch of worthless tokens. Wait, no, the problem is why are so many people still throwing money into it. That's the gambler's mentality, brother. What do you think we should do? Meme coins have no future, that's nothing new. It should have been clear long ago. Name fancy community hot but with zero logic, who dares to copy? Basically, it's a game of hot potato. What's your take on it?
View OriginalReply0
TradingNightmarevip
· 12h ago
To be honest, these meme coins are just hype concepts with no real substance. The truly valuable projects have already emerged, and the rest are just a game of taking over. Betting on luck is not as good as playing cards; at least you can drink. A fancy name doesn't equal a promising project; that's basic common sense. This round of the market is like this—looking lively but actually full of traps. People investing in this stuff are really just following the trend. When asked about the business logic, no one answers—doesn't that say it all?
View OriginalReply0
AirdropAutomatonvip
· 12h ago
Basically, it's gambling, just with a different coin as the disguise.
View OriginalReply0
WhaleWatchervip
· 12h ago
Honestly, it's just like passing the flower around; whoever catches the last stick gets unlucky. Even a big V said they couldn't figure out how their project makes money, so I dropped out immediately. Meme coins are all about who can tell the best story, not who has the technical skills. It's about luck or the casino running away—pretty much the same thing. How many of these projects died last year? They're back again this time. When the market is good, everything can rise.
View OriginalReply0
OldLeekNewSicklevip
· 12h ago
Typical Ponzi scheme tactics and packaging, asking about the business logic is the right question. Basically, it's a distribution of chips strategy: hype is built up early, then a pump and dump occurs later. I've seen too many such models. It relies solely on community enthusiasm; how can it go far? Sooner or later, it will fall back to copper prices. Entry points are crucial, but this kind of coin has no fundamentals at all. Pure luck gambling won't work. Hey, isn't this the same scheme I got caught in last year? Now they're just rebranding and doing it again. Honestly, does anyone really believe that such illogical schemes can yield tenfold returns? Wake up, please.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)