Let me briefly share my judgment on Memes on Sol.
As the saying goes, a solitary yin cannot generate, and a singular yang cannot grow.
With the atmosphere being what it is, it's likely that someone will come out to stir things up later.
At this stage, the narrative isn't paramount.
It's not enough to see an "adorable animal," "esoteric name," or "Oriental background" and immediately think it can succeed.
What's more important now is to look at two things:
First, who is really stepping to the forefront.
Second, how strong is the backer behind it.
At this stage of Memes, many projects are no longer merely competing on who tells a better story, but rather on who can keep the project afloat.
The narrative is just the menu.
The backer is the kitchen.
The person at the forefront is the waiter.
If the kitchen is not functioning, no matter how loud the waiter is, they can only serve a plate of air fried rice.
So moving forward, don’t just focus on "whether the concept is good."
Look for whether there are truly influential people shouting out, whether there is continuous content, whether the community can support it, and whether there is funding willing to maintain it repeatedly.
What is the strongest combination?
It’s not retail investors merely moving themselves.
It’s strong backing + strong front desk + strong communication.
The strong backer is responsible for supporting the project.
The strong front desk is responsible for attracting people.
The strong communication is responsible for getting everyone talking.
When these three come together, the narrative will change from "seems a bit interesting" to "the market has to pay attention."
Conversely, if a project only has a narrative, no one steps up, and there is no funding to maintain it, it's like a night market stall boasting of being a "century-old shop," yet the stove is cold.
You go in to order, and they serve you a PowerPoint presentation.
So the current observation logic is very simple:
Don't first ask if its story is beautiful.
Look first at who is at the front desk, who is behind supporting the table.
Meme doesn't take off solely based on a good name.
It's about a group of people collectively making the act believable.
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