We witnessed the 2023 market price of meme coin Bonk rise by dozens of folds, and 10 times that of artificial intelligence coins like AGIX and FET. The main narrative of LSD was also a brilliant success. Here’s a review of January’s projects from the perspective economics. This project was born after the Solana public network was unable to communicate for over a month due to the FTX storm. The Christmas airdrop of BONK tokens was distributed to most members of Solana’s community. This became a topic of conversation and Twitter engagement among community members. A BONK meme game was created by the community. It featured a Shiba Inu hitting SBF’s head with a baseball bat. You can play the game by spending BONK tokens. This catharsis may have resonated with the community to some extent. Tokens have also increased dozens of time, with a maximum value of over $300 million. Let it be a vehicle that carries Bonk and radiates to the entire currency circle by leveraging the topic attribute as well as traffic attribute of the hot event “mocking Alameda economys and beating Sam violently”. Similar cases were also found, such as the 10,000-fold currency DogeKing 2022. It took advantage of Shen Teng’s Spring Festival Gala sketch and can quickly radiate to all currency circles and even outsiders.
Targeted targeting of customers and precise marketing airdrops to large accounts are key elements in a successful cold start. Similar results were seen in cult, which will soar 300 times in just two months in 2022.
Combine resources and keep them together for warmth. Many sol-chain ecological projects have supported Bonk’s launch.
A successful meme = take advantage of hot event marketing + community cold start + resource background support (KOLs/celebrity/project partners)Finding undervalued assets through asset pricing models is the most common investment logic in traditional markets. Although they appear to have no intrinsic value, memes, stories, and speculation are actually not because elements like emotions, feelings and hype cannot be measured using existing financial models. The meme economy and narrative economy will develop a set of special measurement standards. George Soros stated that the economic history is a series of lies and illusions. It is possible to become rich by recognising the illusion, playing in it, and then getting out before the public recognizes the illusion. Artificial intelligence is the most important long-term narrative since Web3 and the metaverse. This culminated with the release of amazing products like chatgpt. It has attracted many Web2 investors since October last year. With the help of such giants, Sequoia Capital and Microsoft, 2023 was “the big year” for AI. According to the time machine investment rules Roblox will be listed in 2021 with a market capitalization of more than $45 billion. Facebook announced the name change of Meta to Roblox, which will result in a 10-fold increase to metaverse concept coins like SAND, MANA, and more in the crypto market. FET in the cryptocurrency market can be thought of as Binance Launchpad project. It will lead to a 10-fold increase in metaverse concept coins such as SAND, MANA, and OpenAI. In January, Roblox had a value of $20 Billion, while OpenAI, an artificial intelligence leader, was valued at $29 Billion. FET in FET in FET had a maximum market price of $792 Million. This is up 13 times from $0.04 on January 6. FET rose from $0.09 a $0.6, the highest rise was almost 6 times, and the total market value was approximately $500 million. They feel the difficulty of achieving unity of knowledge, action, and fighting against the weaknesses of human nature. It is not important to know how much you can make in investment. However, the best approach is to just let the market blow and enjoy the “value displacement” caused by the positive externalities. Excessive “rationality” will make the investment lose its beauty, and the current score cannot be used to measure its future performance.Mainstream narrative LSD and branch line zkThe largest and most deterministic mainstream narrative in the currency circle in the first quarter is the upgrade of ETH in Shanghai in March. LSD protocol is a DeFi derivatives tracking that has grown with the upgrade to ETH 2.0. LSD has grown to be a track with a trillion-level business volume without considering the price of Ethereum. There is also plenty of imagination and a narrative ceiling. This high-certainty and partially realistic narrative has caused LSD-related coins SSV, IDO to rise by about 3 times in this rebound. The main problem in the current industry is the inability to provide sufficient infrastructure to support hundreds of millions of users. We believe that the successive landings of Layer 2 and Ethereum 2.0 will allow Ethereum to evolve into an economic bandwidth that can carry trillions of dollars. L2 Bridge, one of the major blockchain infrastructures, will play an important part in this process. Narration is one the most powerful driving forces for financial growth. A narrative’s size is determined by how many people it touches and how deep it is. The probability of repetition is a key factor in the time validity of narrative communication. A good narrative has its own attributes, such as time frame, dissemination ease, repetition, scarcity, and ease of dissemination. These dimensions make Bitcoin the most popular narrative of the past decade. The first Bitcoin narrative was “digital gold”. It was the simplest and most effective way to summarize Bitcoin’s anti-inflation story. The currency circle’s old man will tell you to wait until 2024 to see if Bitcoin has halved. This is in contrast to other fields. Take artificial intelligence, for example. There have been at most four narratives about artificial Intelligence since World War II. They range from “automation” through “artificial intelligence” and then to “machine learning” and today to “AIGC”. The rise of disruptive products is what will make Bitcoin the most popular. This is not the same as a series of narrative gas stations that halve every 4 years like Bitcoin. It is not necessary to prove that a=b is the correct answer when solving problems. We don’t know where we will go in the face of the big narrative. None of us know where we will go in the face of the big narrative. We encourage you to do your research before investing.Join us to keep track of news: NewsTags: AGIXAICrypto marketETHEthereumFETLSDmeme coinOpenAI