Although I agree that memes will usher in a reshuffle after a cool hand, the analogy between memes and NFTs is obviously taking correlation as causality.
On-chain asset issuance and NFTs face different historical trends.
Blur is a no-brainer for the NFT market, where NFTs themselves have lost their historical value and remain only as works of art and collectibles.
Meme, on the other hand, represents the migration of the asset issuance and trading process from CEX to on-chain, a clear and irreversible trend.
The meme is a tokenized attention culture product that reflects the broader on-chain asset market behind it. Memes are just one of the manifestations of this macro trend, and one of the easiest to understand.
I don't care which launchpad wins, but this kind of competition is not a good thing for the already illiquid meme market, and we already have a lesson from NFTs.
Just like yesterday's American party narrative, OG, Upper and Lowercase, Bonk, Pump are PVP each other, in this case, no one dares to take a heavy position on a token, and finally the funds form a synergy on the safest eth cabal.
However, any narrative has a life cycle, and even without competition between these platforms, the NFT or meme market will eventually cool down; As for whether competition brings about the ebb tide or the ebb tide leads to competition, it is difficult to distinguish between them.
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