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Ansem: Meme Coins are a core entry point that continues to attract retail investors to the cryptocurrency industry, with the next key step being to solidify long-term value.
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BlockBeats News, July 15th. Renowned crypto KOL Ansem stated on social media that the reason why meme coins continue to be popular in the market is that they better align with the everyday online behavior of regular users. Compared to spending hours browsing TikTok, Instagram, and other social platforms, most people may only spend a few minutes a day using a banking app. Therefore, memes naturally appeal to users due to their alignment with internet culture.

Ansem mentioned that Dogecoin's success stemmed from attracting a user base that wouldn't typically buy stocks but was willing to invest in meme coins associated with familiar figures and internet culture. As the asset size grew, institutional funds were drawn into trading, creating a positive feedback loop.

He believed that many traditional investors underestimated the younger generation's embrace of memes, internet culture, and content. The crypto industry, through tokenization, offers a unique way to tap into these social and cultural trends. The key to the industry's future lies in how to convert the retail-focused attention into an ecosystem that can generate long-term value, rather than solely relying on meme popularity.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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