Meme coins are essentially a different form of prediction market. Seemingly random choices, in fact, each participant is voting with real money. Meme tokens that attract funding actually reflect the market's collective expectations for a certain concept, story, or even a person. This kind of voting doesn't require complex mechanism design; as long as the community approves, funds will flow in — this is the most authentic side of the crypto market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
LiquidationHunter
· 01-10 23:52
In plain terms, it's gambling disguised as democracy. Fund flow = collective voting. It sounds good, but in reality, whoever has stronger public opinion control wins.
View OriginalReply0
FloorSweeper
· 01-10 23:52
Well said, it's just a fancy way of saying collective gambling haha
View OriginalReply0
ImpermanentSage
· 01-10 23:51
Reliable, to put it simply, it's just collective gambling. Predictive markets are too advanced, haha.
View OriginalReply0
WalletManager
· 01-10 23:50
Only those holding the chips understand—this is the truth of on-chain democracy: capital flow = value consensus. No tricks, only the chain.
View OriginalReply0
All-InQueen
· 01-10 23:48
In simple terms, it's about funds voting, and the winner takes all.
View OriginalReply0
MEVHunterZhang
· 01-10 23:34
Exactly right, meme coins are the purest form of public opinion poll.
Meme coins are essentially a different form of prediction market. Seemingly random choices, in fact, each participant is voting with real money. Meme tokens that attract funding actually reflect the market's collective expectations for a certain concept, story, or even a person. This kind of voting doesn't require complex mechanism design; as long as the community approves, funds will flow in — this is the most authentic side of the crypto market.