Recently, I read a very interesting article online: "A great Meme coin, itself is a ZZ movement" (ZZ: political movement).

Meme coins are no strangers to everyone, they have always been controversial, and many people still equate them with AICoin.

In the last bull market, when I started to participate in SHIB and PEOPLE, I vaguely felt that these meme coins could not be simply defined as AICoin, because they have certain differences from our traditional understanding of AICoin:

Typical AICoin projects are characterized by a few people manipulating the market, enticing the public to raise the market, and ultimately benefiting only a few.

But projects like SHIB and PEOPLE have actually become a nationwide carnival. Moreover, many of the sentiments conveyed in these projects are not purely based on financial interests, but also on cultural attributes and value recognition.

Since there are such differences between the two, what does the value/price of meme coins actually reflect?

Community consensus? Community sentiment?

In my opinion, these statements only point out the superficial aspects, they are just the results, not the root cause.

I have always found it difficult to find the right language to describe the value origin of meme coins.

This article provides a very good answer, and one sentence in the original text says it all:

"Meme coins, essentially represent the first time that humanity has priced and monetized a ZZ movement, and it is the shortest path to the common interests of the crowd in a unified movement."

I carefully recalled my participation in the SHIB and PEOPLE meme coins:

It all started because their stories sparked strong interest, resonance, and curiosity in me.

Then, I unreservedly bought their tokens. My only thought at the time was to become a member of this project and witness the future development of the project.

I believe that there were many people like me at that time.

As more and more people joined in, this movement spread from individuals to groups, from a niche to the mainstream, and from a spark to a wildfire.

A typical social movement unfolded.

It's just that, compared to traditional movements, its occurrence is not in real life but in the vast virtual world.

How is the impact and value of such movements reflected?

In real life, we can only measure it through monotonous news reports: the more media coverage and the more prestigious the reporting institutions, the greater its value will be perceived.

But this method is actually subject to various external interferences and limitations. It is very likely that an event that changes the course of history is well known globally, but in some places, it is still unknown.

In the virtual world, once it is linked to meme coins, its impact and value will be displayed in a simple and crude manner:

Price becomes the most direct measure.

As more and more people participate, the project's token price (market value) will continue to rise.

And the impact of the price will surpass any media publicity and influence, and will ignore all means of suppression:

Something that experiences a daily surge in price, no matter how you restrict it, cannot resist the pursuit of human nature for profit, thus guiding people from initially caring about its price to later caring about everything that happens behind it.

In real life, in fact, we already have similar benchmarks - commemorative stamps and coins. But they clearly carry the inherent characteristics of centralization: they are carefully selected and issued from top to bottom by authoritative institutions, with strong value indoctrination and public opinion purposes.

In the virtual world, meme coins, which are built from the bottom up, inherently carry the genes of mass participation and widespread dissemination. They are incomparable to stamps and commemorative coins in terms of timeliness, influence, and speed of dissemination.

Imagine:

When the Wuchang Uprising fired the first shot to overthrow the Qing Dynasty;

When the Nationalist Government accepted Japan's surrender after the victory of the War of Resistance Against Japan;

When the people of East and West Germany, regardless of everything, joined forces to bring down the Berlin Wall;

……

If we all had meme coins representing these historical events, what would the value of these coins be today?

In this sense, meme coins are not only a great practice of monetizing and pricing social movements, but also an excellent attempt to carry historical processes using blockchain technology.

Of course, saying this does not mean that every meme coin is meaningful. In the world of cryptography, a world without permission, anyone can do anything for any purpose, so the vast majority of meme coins with impure intentions will ultimately be nothing but illusions.

But a meme coin that is timely, advantageous, and supported by the people will definitely leave a lasting memory and long-lasting value in the world of cryptography.

It is interesting that this practice has been going on for so many years, and only now can we describe its essence and connotation so clearly and accurately.

The wonder and brilliance of the cryptographic world lies in this.

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