Memecoin: Movement vs Culture
- Movement is the origin of all civilizations: Without migration, there would be no industrial revolution, no internet, and thus no American culture, digital culture, or meme culture today.
- Culture is the "offspring": Culture does not form on its own but is "recorded" from revolutions, events, and social movements.
For example: The startup culture of Silicon Valley emerged from the tech wave + the builder movement despite failures.
Example in memecoin:
When Elon tweets a meme, Trump launches a memecoin, tech builders flock to Solana -> that is movement. Later, those actions are recounted as culture.
=> Memes help make movement a reality.
Ethereum is like a living museum: Although there are still builders, it increasingly leans towards preserving principles, debating right and wrong, and founders teaching about "how to build correctly," lacking breakthroughs => There is no movement here, so memes only revolve around the theme of "preserving culture."
The risk is that "preserving culture" only appears when everyone is financially comfortable; if not, investors will HAVE to seek movement (which is the strength of Solana or BNB Chain).
Formula: Movement → Meme → Culture
1. Movement: Breakthrough actions that create real value
2. Meme: Viral language to record, amplify, and symbolize
3. Culture: A collection of memories surrounding that movement
So let's explain the image below:
- Hard times => Investors seek movement, as they do not have the finances to collect or preserve culture => The actions of the large crowd create Great Memes (Great memes that drive movement into reality)
- Good times => Investors prefer to settle down, enjoy collecting, preserving culture, and have little motivation to drive new trends => Create Weak Memes (Weak memes)
In this cycle, especially in the next period, Solana and BNB Chain will represent Movement, so Great Memes will continue to emerge.
Thus, we can understand Elon’s perspective: Pushing everyone into difficulties, into a dead end, is when breakthroughs happen, also known as "the times create heroes."
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