【 Reasons Why MemeX Might Not Work Well 】
@MemeX_MRC20 is a platform that combines social aspects and memes from the L1 chain called @MemeCore_ORG.
In simple terms, MemeX is
"a platform where you can trade meme coins like on Twitter."
It has received $7M in investment and incubation support from MemeCore, making it a very important project within the MemeCore ecosystem.
However, after using it for a few days,
I was not convinced at all about why I should use MemeX..
Fundamentally, I think there is no reason to go to MemeX on the MemeCore chain instead of Twitter and various meme coin launchpads.
Right now, there are separate platforms for social activities on Twitter and meme coin trading,
and if MemeX is just about being able to do that conveniently in one place, then no one will use it.
If you use MemeX directly,
it's just a platform made to mimic Twitter with meme coin trading added in..
Maybe because it's still in its early stages, there are no convenient features developed for trading at all.
So, once the Kaito marketing ends, the hype will disappear,
and it will inevitably be forgotten slowly.
The only way it can succeed in the short term is
one thing: "If it makes money, then it's good."
Recently, some meme coins on MemeX have risen,
and it seems like there is a lot of Korean capital right now.
The top meme coin is at 5M,
the second is at 200K,
and the third is at 150K.
That's all there is;
Unless Chinese capital comes in, it seems difficult for it to pump further.
I think it's the same for both MemeX and MemeCore, @WanaMaker_X.
Why do we need a layer for memes? What can we do there?
Honestly, I have no idea, so I just talked randomly,
but please answer me!! 🥺
@UXLINKofficial
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