Meme coins are essentially prediction markets in a different form. What appears to be arbitrary choices are actually participants voting with real money. Those meme tokens that attract capital clusters reflect the market's collective expectations about a certain concept, a particular narrative, or even a specific person. This kind of voting doesn't require complex mechanism design—as long as the community endorses it, capital will flow in. This is the most authentic side of the crypto market.
Meme coins are essentially prediction markets in a different form. What appears to be arbitrary choices are actually participants voting with real money. Those meme tokens that attract capital clusters reflect the market's collective expectations about a certain concept, a particular narrative, or even a specific person. This kind of voting doesn't require complex mechanism design—as long as the community endorses it, capital will flow in. This is the most authentic side of the crypto market.