As of October 20, the statistics of BTC, ETH, and TON on the TrendX platform are as follows:
The number of BTC discussions last week was 15.09K, up 20.59% from the previous week; the price last Sunday was $68,878, up 1.18% from the previous Sunday.
The number of ETH discussions last week was 3.63K, which was the same as the previous week; the price last Sunday was $2,737, up 3.63% from the previous Sunday.
TON had 943 discussions last week, up 20.59% from the previous week; the price last Sunday was $5.33, up 1.75% from the previous Sunday.
Memecoin's rise is inseparable from its deep community foundation. Since the advent of tokens such as DOGE and SHIB, they not only represent economic value, but also carry the emotions of Internet culture. In the early stages of cryptocurrency, many users flocked to these projects because of the fun and sense of community. The power of the community is intangible, but extremely important. Internet culture has long occupied an important position in the field of encryption. From the initial "Dogecoin" to the various emoticons today, the formation of Memecoin is like an epic of Internet culture.
The accumulation of Internet culture and the power of community hype cannot be underestimated in the development of Memecoin. Users' recognition of these symbols is not achieved overnight, but accumulated over time. In this process, the barrier-free nature of Meme culture allows everyone to participate, forming a huge user base. The NFT community players who were popular in the past two years have become an important cornerstone of Memecoin's development. It can be said that community attributes occupy a primary position in the success of Memecoin.
In this context, the introduction of AI provides a new perspective for analyzing and predicting the potential of Memecoin. By analyzing the interactions, emotions, and behaviors of community members, AI can identify which Memecoin projects are more resonant in culture and the market, thus providing investors with valuable decision-making basis.
Viral Effect and Liquidity
Compared with NFT, Memecoin has more advantages in terms of dissemination and liquidity. This feature makes Memecoin a more viral cultural carrier. The participation of celebrities and KOLs enables Memecoin to achieve large-scale dissemination in a short period of time. For example, Trump's combination with Pepe's image during the campaign became a widely influential Meme, which not only promoted the value of Memecoin, but also triggered greater social discussions.
With the development of social media, the spread of Memecoin has been unprecedentedly accelerated. AI can track the spread of Memecoin on different platforms through social media analysis technology, identify hot spots and potential investment opportunities. For example, when $Trump was released, the Biden team also realized the influence of Meme and planned to hire a dedicated Meme manager to attract the support of young voters. This series of events fully demonstrates that Memecoin is not only a financial tool, but also a representative of modern cultural communication.
In this communication process, AI can also help analyze user sentiment and thus predict the future trend of Memecoin. When market sentiment is high, the value of Memecoin tends to rise rapidly, while when sentiment is low, it may be sold off. Therefore, understanding market dynamics and user psychology is an essential element when investing in Memecoin.
Small leverage leads to big gains
Memecoin's success lies in its volatility and wealth-making myth. For example, Tron seized the Memecoin craze amid market fluctuations and launched multiple Memecoin-related projects. SUNDOG's surge, from $0.002 to $0.20, attracted a lot of attention from investors and the media. This phenomenon shows that Memecoin can not only bring considerable returns to individual investors, but also promote the activity of the entire ecosystem.
AI plays an important role in this process. By analyzing historical data and market dynamics, AI can identify which small Memecoins may trigger large-scale user participation. Investors can use AI tools to quickly obtain market information and make smarter investment decisions. In addition, AI can also optimize trading strategies through algorithms, helping investors seize opportunities in volatile markets and achieve the goal of leveraging small leverage to achieve large returns.
This wealth-creating effect is particularly evident in Memecoin. Many successful Memecoins have amazing wealth stories behind them, attracting a large number of new users. As FOMO (fear of missing out) spreads among investors, the popularity of Memecoin continues to rise. This phenomenon not only drives up the market price of Memecoin, but also increases the activity of the entire cryptocurrency market.
A new perspective on market strategy
The success of Memecoin is not accidental, and the traditional project thinking is facing a change. In the past, many projects built products first and then matched users, but Memecoin is a subversive example. Since the Memecoin community has been formed naturally, building a product that includes Memecoin to attract users has become a new market strategy.
The application of AI technology makes this strategy more efficient. For example, BONKbot is a successful case. As a Telegram trading robot based on Solana, BONKbot was launched due to the BONK token. Part of the fees generated by transactions are used to purchase and destroy BONK tokens, thereby economically aligning with token holders. This innovative combination not only attracts user participation, but also gives Memecoin new vitality.
This strategy of combining Memecoin with practical products provides new ideas for future projects. Combined with AI technology, it can more accurately analyze user needs and optimize product design. In the future, more projects may use this method to quickly enter the market and create value by leveraging the popularity of Memecoin.
How to evaluate the potential of Memecoin
In the Memecoin field, evaluating its potential requires comprehensive consideration of multiple factors. First, the stability of community consensus is an important indicator. The reaction of community members during market fluctuations can directly affect the value of Memecoin. AI sentiment analysis technology can help investors understand the emotional changes of the community and judge the risks and opportunities of the project.
Secondly, the persistence of celebrity support is also important. Memecoin projects involving celebrities often attract a lot of attention, but if these celebrities no longer support them, the value of Memecoin may also decline. By analyzing the interactive data on social media through AI, we can evaluate the influence of celebrities on Memecoin projects and better grasp investment opportunities.
Investors also need to be wary of the risks faced by Memecoin. Despite its low threshold, many projects may still have problems such as contract loopholes, rat trading or Rug Pull. AI technology can help identify potential risks and provide real-time monitoring to ensure that investors can respond in a timely manner.
Combining AI and Memecoin
The participation of AI will greatly promote the development of Memecoin. Through smart contracts and AI analysis, users can better identify potential valuable projects, reduce risks and increase returns. In addition, AI can also play an important role in the generation and dissemination of Memes, helping users create and disseminate more attractive content.
For example, AI can enhance the dissemination effect of Memecoin by analyzing hot topics on social media and generating relevant Meme content. This AI-based creation not only improves the quality of Meme, but also enriches the cultural connotation of Memecoin, making it more attractive.
In the future, with the continuous advancement of AI technology, the potential of Memecoin will be further explored. Investors will be able to rely on AI analysis tools to more accurately predict market trends and identify potential projects. This process will not only help investors reduce risks, but will also promote the prosperity and development of the entire Memecoin ecosystem.
TrendX is good at capturing memes
TrendX is a one-stop platform that helps users find investment opportunities through AI and big data technology. Since its establishment in 2022, TrendX has processed more than 20TB of on-chain and off-chain data, and has captured investment opportunities through real-time analysis of tens of billions of data dynamics. Adhering to the concept of "change is opportunity", it provides investment advice to users through intuitive interactive methods and is the world's most cutting-edge Web3+AI application ecosystem.
Especially for Meme, it is very difficult to capture Meme, which is often active in some smart money addresses at the beginning. And this is precisely the advantage of TrendX. The fully automatic address screening system developed by the TrendX platform is one of its core advantages. At present, the platform has brought together more than 22,000 active Web3 projects, covering all projects from the primary to the secondary market. Users can not only easily find multi-dimensional data such as basic information of the project, track classification, community voting and comments, but also use the more than 200,000 smart money addresses updated in real time on the platform, including giant whale smart money and Meme smart money. It is worth noting that the smart money function integrates TrendX's unique fully automatic address screening function, which keeps the entire address library in dynamic update through dynamic monitoring and screening of different dimensions and elements. Make sure that the latest Meme is captured by TrendX anytime, anywhere.
TrendX is not only strong in its own right, but has also established close partnerships with more than 50 industry representative projects. These partners include OKX, Coingecko, Bitlayer, ChainCatcher, etc., who have jointly made important contributions to the healthy development of the Web3 ecosystem. These partnerships further consolidate TrendX's leadership in the industry and also bring more investment opportunities and resources to platform users.
Summarize
The development of Memecoin has not only profoundly influenced the cryptocurrency market, but also redefined community culture and communication methods. In this field full of opportunities and challenges, continued attention to the combination of AI and Memecoin will bring new insights and opportunities to investors and community members. Combined with the power of AI, Memecoin may show greater potential in the future and become a real market game changer.
