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Once a cryptocurrency was supported by a story, now it’s about first defining keywords and then weaving narratives in reverse.
Looking back to 2013. That "Doge" meme was spreading wildly on communities like Reddit and 4chan, definitely a top meme. By December, two programmers, seeing the crypto scene becoming more dull and speculative, decided to create a parody project to mock this trend. That’s how $DOGE was born.
From a satirical meme to a top ten mainstream coin, from absurdity to market orthodoxy, the power of the crypto community is vividly demonstrated here.
And then came the recent new coins. For example, a young guy caused respiratory issues due to air pollution, and while hospitalized, he casually developed a small app for global air monitoring and travel suggestions. When the topic went viral and the app gained attention, sharp-eyed crypto enthusiasts quickly launched a corresponding token on a public chain, and wild speculation ensued.
This is the true logic of meme operation. From discovering angles, creating hype, to coin implementation, the entire process has become a production line. Speaking of which, besides BTC, are there any truly non-air coins?