I studied network analysis during my graduate school days, and only now do I truly understand the essence of memes—simply put, it's a game of attention economy.

In the crypto community, whether it's top developers, exchange executives, or ordinary retail investors, everyone is just a node in the information dissemination network. What's the difference? It lies in their respective "weight"—some nodes have great influence and can trigger chain reactions; others remain unnoticed, and their information dissipates halfway through.

From a network analysis perspective, the spread of memes is a constant battle between the "centrality" and "connectivity" of various nodes. Who starts the trend, how far it can spread, and ultimately who becomes the winner—all follow the immutable laws of network topology. So rather than saying memes are a cultural phenomenon, it's more accurate to say they are the patterns of attention flow on the network.