Dialogue with HTX Partners Episode 6: Discussing the Real King of Meme Chains and Analyzing the Investment Prospects of DOGE

In this episode, crypto KOLs OxLeon, Goku很酷, DaDa, Vito, and Tk discussed TON’s competitiveness in wealth-creating effect and interpreted the investment prospects of Dogecoin under the theme of “About the wealth-creating effect: TON VS ??? In this bull market, who is the king of Meme!”

Who is the King of Memes?

When asked who is the king of Meme, OxLeon compared the Meme ecosystems on Solana, Base, and TON chains and proposed that the Meme ecosystem on Solana isCommunityThe activity, capital depth, and market maker activity are far superior to other chains. The Meme ecosystem on Base is not active. From the perspective of ecological construction, TON is in its early stages, and early participation will be beneficial. The TON Foundation will focus on the DeFi and Meme tracks in the future, and it can use its own advantages to create some localized products.

DaDa analyzed the issue from multiple perspectives. In his opinion, in terms of currency alone, Dogecoin (DOGE) is undoubtedly the king of Meme, because Dogecoin opened the entire Meme era. From the perspective of the chain, Solana is the Meme leader in this round of bull market. From the perspective of development, Base and TON ecosystems are rising rapidly.

DaDa is more optimistic about TON because the close relationship between TON ecosystem and Telegram ecosystem will lead to the emergence of many potential or long-term Meme coins.

Tk believes that each ecosystem is different and has its own characteristics. The real meme is not about how much it has increased.Xiaobai NavigationWe should also pay attention to social recognition in culture, technology, etc.

Vito has entered the crypto market since the end of 2016, and has been involved in different tracks as the industry develops. He analyzed that at the chain level, Solana is undoubtedly the king of Meme now. However, various Meme projects have their own characteristics, which has a lot to do with the underlying infrastructure. Vito revealed that he is currently more concerned about BSCCommunity，稳扎稳打的Community文化较为特色。

Dogecoin's market performance and investment analysis

Affected by the US election, the market performance of Dogecoin has attracted widespread attention and discussion. Although Elon Musk frequently supports Dogecoin on social media, its price has not seen the expected sharp increase.

In this regard, 0xLeon pointed out that before and after the election, Dogecoin, as a popular currency in the market, has experienced a considerable increase. From the trend point of view, after the election, the market trading activity has declined, and Dogecoin has shown a relatively anti-falling characteristic. At the same time, other popular currencies such as Solana have also shown a relatively weak market in the past week. In the current market environment, new currencies are more likely to bring market, and blue-chip coins like Dogecoin are more suitable for large funds to intervene.

Tk analyzed the performance of Dogecoin from the perspective of market value. He mentioned that Dogecoin started to rise from around $0.1 in October and has increased four to five times so far. The current market value of Dogecoin has reached $60 billion, which is equivalent to the market value of Lululemon in 2024. Therefore, from this perspective, the increase in Dogecoin is already considerable.

Vito also agrees with the performance of Dogecoin. He believes that in this round of bull market, there are not many currencies that can catch up with the growth of Bitcoin, but Dogecoin has done it. It is currently in a normal market adjustment stage and can no longer be viewed with the logic of small-cap currencies.

Goku is Cool provided data from the perspective of miners. He mentioned that miners can mine Litecoin while mining Dogecoin, and the income is about ten times. When Dogecoin was around $0.4, many people lined up to buy Dogecoin mining machines. He found that even traditional capital showed great interest in Dogecoin. At present, the market value of Dogecoin has reached more than 60 billion US dollars, and there is still huge potential for development.

DaDa believes that Meme investment should distinguish between Meme and Dogecoin. Dogecoin is suitable for playing with new things rather than old ones, but Dogecoin and other currencies that have been verified by the market are suitable for long-term attention and investment.

The article comes from the Internet:Dialogue with HTX Partners Episode 6: Discussing the Real King of Meme Chains and Analyzing the Investment Prospects of DOGE

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