New Opportunities After the Meme Wave: A Duet of Innovation and Efficiency

In the ever-changing landscape of the cryptocurrency world, the craze for Meme tokens seems to have faded. However, some platforms have found a new way to survive at the tail end of this wave. This phenomenon has sparked thoughts on innovation in crypto assets and capital efficiency.

The era of meme platforms as mainstream asset issuance channels may have come to an end, but their status as an asset type will still exist for a long time. Just like altcoin seasons won't return, but people are still issuing new tokens, memes will continue to exist in new forms.

At this turning point, some platforms have demonstrated unique survival strategies. They have not only innovated asset types but also enhanced capital efficiency. This dual approach has garnered them market attention, allowing them to maintain vitality even as the overall industry heat declines.

The success of these platforms lies in their ability to find the right position on the grand stage of cryptocurrency. They are neither pursuing mass adoption nor simply completing the final token issuance. Instead, they provide unique value for specific user groups, such as offering a platform for those who want to participate in on-chain asset trading.

From a technical perspective, the innovations of these platforms are mainly reflected in their underlying algorithms. Although the specific algorithmic details remain a mystery, they have clearly made breakthroughs in improving capital efficiency. This technological advantage has become their moat in competition.

Looking to the future, similar innovations may emerge in other areas, such as decentralized perpetual contract trading and options products. These fields also face challenges of insufficient liquidity and require new ideas and models to break through.

Overall, projects that can find a balance between innovation and efficiency in the cryptocurrency market are more likely to stand out in future competition.