Author:Haotian
In fact, since Trump, the meaning of celebrity coins has completely "deteriorated". We only need to clarify two facts:
1) The Crypto market expects that celebrities outside the crypto circle will issue coins to bring in incremental funds and users. There are problems with the expectation: the reason why Trump's coin issuance attracted attention is not only the PVP culture in the circle itself, but also mainly due to the market's optimism about a series of future crypto policies of Trump's crypto-friendly government.
However, it turns out that issuing MEME coins and implementing encryption policies are two different things. The president cannot be responsible for the price of the currency, let alone introduce real-world credibility endorsement for the price of the currency.
We can only regard $TRUMP as a super MEME with a unique "angle", while other presidents of small countries and celebrities only regard the cryptocurrency circle as a "cash machine". At least for now, all those who expect the celebrity coin issuance effect to break the circle are just wishful thinking. If they are cheated, they can only blame themselves for their bad luck.
2) Crypto’s PVP opportunities are gradually decreasing, and Crypto must return to the main line of PVE technical narrative: MEME coin is a community-oriented cultural attribution coin. Compared with the imbalanced wealth distribution problem of VC coins, MEME coin has become the center of attention in this round of bull market. However, a crypto world with only MEME coins is doomed to be empty. The market needs to use MEME as a variable to regain the main line of technical narrative that Crypto relies on.
The DeFi Summer of 2021 sounded the clarion call for decentralized finance, opening up financial application scenarios for crypto assets such as lending, mining, yield machine pools, staking, and re-staking. Although there is also a serious bubble, it has been proven to be effective in terms of institutional adoption, business models such as protocol cash flow, and the feasibility of RWA breaking the circle, at least in the implementation of pure financial scenarios.
In 2025-2026, the AI + Crypto narrative boom, with AI Agent Summer as the main line, is still a pure "asset issuance" bubble, but AI Agent also has many requirements for "deep application scenarios, product user experience, and true value of technical concepts". For example: AI Agent autonomous decision-making transactions, multi-agent collaborative portfolio management, Agent matching of upstream data and computing power markets, Agent game NPCs, Agent intelligent human replacement, etc.
Putting aside short-term hype, the future of AI + Crypto is an industry theme that can truly realize the transition from virtual to real, driven by AI Agent applications, and truly achieve a complete cycle from the implementation of segmented application scenarios, technical concept verification, and final commercial implementation.
Compared with pure gaming PVP, ordinary people can only find opportunities if they lock on to this main line of PVE evolution.
