What is the essence of MEME? A tribute to CZ's MEME-BULL might provide the answer

2024 is humorously dubbed the Year of MEME, as it has become a mainstream hot topic this year. So, what is the essence of MEME, and how can we take advantage of this opportunity? BSC's recent MEME-BULL, paying tribute to CZ Zhao Changpeng, will give us the answer.

The Real Reason Behind MEME's Popularity

1. Providing Emotional Value and Turnaround Opportunities for Web3 Retail Investors

The entrepreneurial environment of Web3 is changing. Previously, launching a Web3 project required a lot of capital liquidity and technical infrastructure. However, with the emergence of various fair launch protocols, communities can now achieve low-cost cold starts for Web3 projects. The mainstream narrative of the past has become ineffective in the current crypto context. Instead of delving into complex narratives, diving into the joyful MEME Coin is the true reflection of the community's current mindset.

In the past Web3 market, early financing invisibly set a value ceiling for projects. But in MEME Coin, most are forged by community consensus. As long as there is consensus, the value ceiling rises with it, further expanding retail investors' return expectations.

As the saying goes, "Admit loss, not fraud." Today's MEME Coin, based on high transparency and fair launch, provides emotional value to holders.

2. MEME-Coin is the Best Emotion Generator

Solona has taken the lead in the MEME track. Why didn't Solona continue on the elite public chain path but quickly turned to embrace MEME? The reason behind it is that the MEME track better fits the "down-to-earth culture" needs of Web3.

Market sentiment and human greed are the fuel that keeps the financial market running. The low-cost participation in the MEME track and the viral replication and spread based on community culture provide more ordinary people with dividend opportunities in Web3, bringing the starting line closer between ordinary people and capital.

As long as the community culture is recognized by more empathetic people, their consensus can move the entire world, driving MEME Coin's liquidity into a frenzy, thereby triggering the FOMO effect.

3. The "Down-to-Earth Culture" of Web3 Will Bring Greater Explosiveness to This Bull Market

The MEME track is a concrete manifestation of Web3's "down-to-earth culture." A large number of ordinary people participate in it, whether buying memes, launching memes, or shaping meme value, it all becomes as simple as breathing. This will drive a large number of new users to enter in this bull market. Most new entrants will generally first look for organizations (Web3 investment directions and trends), and these organizations are actually communities. After these communities bear the traffic, they need projects (bonds). But what is the investment cost expectation of mainstream assets (BTC, ETH) in this bull market? 1x? 2x? Or 3x? The investment return expectations of mainstream assets may far fail to meet these new users' hardcore needs for Web3. Therefore, the MEME track, which focuses on fairness, low cost, and huge growth space, becomes the first choice for Web3 novices. These communities' inherent spreading attributes further promote the development of the MEME ecosystem.

Success Conditions for MEME Track Projects

The success of the MEME track can be described as "a thousand troops crossing a single-log bridge." Tens of thousands of MEME tokens are launched every day, but only a few can stand out. In fact, finding a good MEME project is very simple, with only two dimensions: community consensus and spreading ability. As long as these two conditions are met, MEME will undoubtedly succeed.

1. Community Consensus

Community consensus refers to the consensus built by a MEME project for its own community. The strength and narrative of the consensus, initial state, degree of unity, and operation are all related. Simply put, the measure of community consensus is the number of people in the community consensus, that is, the number of people the community can cover and influence.

2. Cultural Replication and Spreading Ability

The formation of strong consensus for MEME Coin takes time (once strong consensus is formed, there will be many holders, and the market value can stabilize). Therefore, the early spreading ability of the community is particularly important. This community spreading ability is either inherent in the community itself or requires a lot of cost to create a narrative.

Many people think that making MEME is very simple and that making money with MEME is just a matter of luck. This is very much the spirit of Ah Q. Playing MEME requires understanding human nature, knowing the rhythm, and controlling one's greed. Those who can play MEME well are all top traders.

MEME-BULL Will Showcase a Textbook-Style MEME Operation to the World

MEME-BULL is a MEME coin launched by the BULL community. The goal is simple: to become the leader of the native MEME on the Binance Chain. Aiming for a ten-thousand-fold increase and a market value of one billion.

The three main reasons for MEME-BULL's success:

1. Strong Community Background

MEME-BULL is the first MEME Coin launched based on the $BULL native asset ecosystem—$BULL to Launch. It has a strong association with the $BULL community, and the consensus holding addresses of $BULL native assets reach 28,000+. MEME-BULL has a natural consensus foundation, and the holding addresses are sufficiently dispersed. The $BULL community once created a market value of $20 million in just two months. After MEME-BULL went live, it quickly reflected the strong consensus power of the community. Since its launch on May 20, 2024, MEME-BULL has risen from an opening price of 0.001 USDT to 0.09331 USDT, with a short-term increase of 9331% in 24 hours.

2. Fair Launch Mechanism, MEME-BULL LP Has Been Sent to Black Hole Address, Fully Governed by Community Consensus Value

The total issuance of MEME-BULL is 200 million, of which 100 million have been fully publicly sent to 10 Binance charity and education addresses. The remaining 100 million are fully circulated by the community. According to on-chain data, MEME-BULL LP was sent to the black hole address at 10:00 AM on May 21, 2024. This means that there is no management control behavior for MEME-BULL. The genesis liquidity provider has abandoned permissions, leaving all value creation space to community governance.

3. Sentimental Narrative and Highly Executable Community

As Solana welcomes the Summer of MEME Coin, its core competitiveness rapidly increases. MEME-BULL chose to launch on BSC, aiming to become the leader of the BSC MEME track. Its narrative is to pay tribute to Web3 Builders like CZ. The biggest cycle of Web3 is the rotation of funds, and the MEME season rotation of BSC has always been in a calm state. As the saying goes, "Buy when no one cares, sell when the crowd is loud." When will MEME-BULL's spring come? It's just a matter of time for the rotation of funds, but it will definitely come.

The biggest highlight of MEME Coin depends on the community. The $BULL community has repeatedly accomplished impressive Web3 feats. A community group with high execution and clear goals is the core key to MEME-BULL's success. Based on various analyses, MEME-BULL is the first BSC MEME Coin worth continuous attention and development on BSC this year.

$BULL Blue Label Certified Twitter: https://twitter.com/BullcoinBSC

MEME-BULL Token Contract Address: 0xfbbfdd9f6858bec8bb92f3e3c143494c0adba76f

MEME-BULL Launch: https://www.bull.space/#/MemeBull