He Yifa's Memo on Meme Coins: Meme Attention Must Become "Belief and Product" to Become the Next DOGE, Investment Philosophy Revealed

Yesterday (28th), Binance's sister He Yi published a "Meme Coin Learning Handbook" at Binance Plaza, expressing her understanding of the cultural significance, investment strategy and industry prospects of meme coin. (Synopsis: Binance's voting mechanism exploded the chaos of the project party "buying tickets", how to respond: next time no one chooses, it will be removed) (Background supplement: In the future, tokens will be listed on Binance for free? Can I find monetization opportunities from "Community Voting Results"? Recently, Changpeng Zhao (CZ), founder of cryptocurrency exchange Binance, and He Yi, co-founder of cryptocurrency exchange, have shown strong support for Meme Coins, not only actively interacting with the community around Meme Coins, but also promoting multiple Meme coins to be listed on the Binance spot trading market. Just yesterday (28th), He Yi published a "Meme Coin Learning Handbook" at Binance Plaza, expressing her understanding of the cultural significance, investment strategy and industry prospects of meme coins. The dynamic area organizes the essence of He Yi's views as follows. The essence of meme coins He Yi first pointed out her positioning of meme coins, she believes that meme coins are the ultimate expression of the crowd, and the impact of subcultures on mainstream culture: expression is the commonality of human beings, and good MEME can cross cultural maps and smile. When the collective self-identity, emotions and subjective intentions of the masses are superimposed, unique values, semantics and manifestations will be formed... I didn't grow up in Western culture, but I believe that every culture resonates deeply with a certain group... In essence, none of the circles are really more advanced... MEME is a silent thunder, the ultimate expression of the crowd, and the impact of the subculture on the mainstream culture, so being P-mapped and issued coins is also a part of deconstruction, so I feel that I am not worthy of being the center of MEME. Who can surpass DOGE Subsequently, He Yi quoted the grandeur of DOGE (Dogecoin), the ancestor of meme coins, and she said that MEME is not only a product of the attention economy, but also a carrier of faith and belief. Great MEMEs have the potential to translate into products or long-term beliefs, rather than short-lived topics. There may be MEMEs that surpass Doge in the future, but only if it continues to attract attention and create real value: Doge has only one, in the first Bitcoin bull market in 2013, countless projects that tried to copycat Bitcoin, they both mocked Bitcoin and counter-ridiculed themselves, hippie smiling faces and full of blood, developers abandoned the project, and the community has its own vitality, the community spontaneously added an important stroke in the history of the development of crypto culture, the Chinese currency circle Jiang En sent Dogecoin all over the world, It has opened up a unique currency circle track: "preaching for the industry, rewarding first". At that time, the BBS message was: I see that you are a good person, reward you with 10,000 dogecoins, leaving the people who are rewarded messy, and you really don't understand how much 10,000 Doges are worth without a calculator. In the development of the crypto industry, each community has its own "Gann", and later, Elon's preference for Doge led the subculture into the mainstream. Today, Doge isn't just a dog. MEME is the attention economy, but it's not just attention, if all this is like Twitter's hot search of the day, then everything will be short-lived, the great MEME is not from celebrities shaking a wit, this is not enough to be MEME, this is the worship of those in power (whether politicians or entrepreneurs), this thing is not cool enough. On the other hand, those who oppose for the sake of opposition, the back of the head of the extreme left often has a face written on the extreme right, and the extreme call for decentralization is often extremely centralized, maintaining critical thinking, and removing falsehood and truth. Imagine someone in your group telling you to buy a hot topic of the day, and of course the topic will cool down tomorrow. If this attention can become a product, a belief, a religion, then the next Doge, or even beyond, is possible, and who's to say it's impossible? Everything is possible. Believe in value investment As for her own investment philosophy, He Yi said that she adheres to the logic of value investment and extends it to the current situation facing the currency circle, she said that there is always a new outlet, but the world belongs to a very small number of people to promote, rather than chasing the outlet, it is better to become the outlet: I don't trade, but hold for a long time, because I follow the logic of value investment, the same business management, I also uphold long-termism, build a bell, or a garden... The market size of 17 years is not as big as it is now, the size of DeFi summer capital in 21 is not as big as it is now, and we are seeing more good entrepreneurs investing in the Web3 industry, which is getting bigger and bigger, but less confident. Many users ask why the project valuation can't go back to the ICO era, we can never go back to the past, but we are trying, trying to let users vote for coins, vote for coins, try to let Web3 wallet IDO, the project side can choose low threshold, low market value issuance, there are real users to profit, it is better than spending money to fake data to deceive yourself... I heard that many serious projects don't want to stick to it, hi! Friends, the outlet is always new, but the world belongs to a very small number of people to push, rather than chasing the vent, it is better to become the vent. He Yi's investment advice Finally, He Yi said that all her assets are cryptocurrencies, and although the long-term holding style is not suitable for most people, the investment advice she can give is - make money with certainty: Make money from the cycle, probably judge the economic cycle and bulls and bears, bull market selling, bear market buying is the basic operation. Assets in any category follow the head principle. It is recommended to allocate at least 20% of the coins, land is the asset of agricultural civilization, minerals are the hard currency of the industrial age, and the head asset of the information age is the stock of the head Internet company and the head has a siphon effect. Some friends say that fundamentally good coins are not volatile enough, if you do not increase leverage, or there is no chance to trade some high-risk tokens, then it is recommended not to exceed 10% of your disposable assets. Related stories Bitcoin 888888 block born! CZ&How to dig a "secret mining machine" that is carved into and the No. 8 rune? Binance listing controversy lazy bag" How do 5 girlfriends mess with politics? What to clarify once or twice? Does the community buy it He Yi responded to the "five major corruption shady scenes on Binance": illegal employees must be sent to jail and let them be ruined! This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".