Recently, I’ve been a bit curious— On X Layer, will we see a token-stock Meme emerge? After entering this new cycle, I feel like the pure Meme narrative might be coming to an end. In the future, every live chain might have its own token-stock Meme. One big reason why the old Memes can’t rise again might be because they’re unrelated to stocks. This is also why I think the “Life Meme” has kind of *withered* under the token-stock Meme narrative. But even if it’s a Meme, how high it can go in the end might still depend on the strength of the chain itself. The leading chain for token-stock Memes is probably Robinhood! —————— From what I’ve seen on X Layer so far, the biggest takeaway is that it’s focusing on DeFi + RWA. These past couple of days, I also saw @CryptoMiemie mention that grassroots efforts are starting to enter X Layer. I’m heading back to KL this month, gotta ask Sister R if she can take me to one of those grassroots events again to snag a free Coke. —————— By the way, I took a quick look at @astrodotmeme on the X Layer chain. The Astro ecosystem is also playing with incentives. Its first round of incentives went to @Xstock_index, currently around 1M. Speaking of which, one interesting thing about the Astro launchpad is: everyone gets to Mint at a fair price, and the funds raised post-launch go into the V4 Hook pool. The Mint price also has a certain floor. It feels a bit more comfortable compared to those “scientists get in first” schemes.