# Memecoins Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Memecoins", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

KOL's Perspective: Why Is SOL Set to Rise from This Point?

**Summary: Why SOL is Positioned for Growth at This Level** The article argues that SOL is poised for an upward move from its current price point, citing several key factors. Primarily, SOL has just broken out of a 4-month consolidation phase. This breakout signals a return of risk appetite to the broader crypto market, as SOL is seen as a key indicator of overall crypto health. The token's ownership has reportedly shifted from short-term traders and tourists to long-term accumulators, leading to low volume. Any meaningful increase in trading activity could thus trigger significant upward momentum. Fundamental strengths include strong institutional adoption, integration with DeFi and RWAs (Real-World Assets), and the potential benefits from the Clarity Act. Despite its high volatility—having dropped 70% from its all-time high but still up 12x from its bear market low—SOL is highlighted as one of the few tokens from the last cycle to reach new highs. It boasts a robust ecosystem of applications, users, and protocols. Future catalysts include the expected influx of AI developers following the Miami Accelerate conference, which focused on AI on Solana. Furthermore, Solana is positioned as the premier chain for memecoin activity, a trend expected to continue and drive network usage and fees. The article concludes that recent price action reflects a healthy transfer to long-term holders, setting the stage for growth.

marsbit05/11 09:17

KOL's Perspective: Why Is SOL Set to Rise from This Point?

marsbit05/11 09:17

How Should Crypto VCs Survive? When Top Projects No Longer Need Institutional Funding

Cryptocurrency venture capital is at a watershed moment. Token exits, once the primary driver of outsized returns, are undergoing a major reset. The definition of token value is being rewritten in real-time, yet no standard valuation framework has emerged. Key market shifts include the rise of tokens with real, on-chain revenue (like HYPE), which exposed the weakness of governance tokens with no fundamentals; a supply shock from meme coins (e.g., PUMP) fragmenting liquidity; and competition from prediction markets, stock perps, and leveraged ETFs diverting retail speculative capital. This has compressed token lifecycles and cratered holding periods. VCs now face critical questions: Are they underwriting equity, tokens, or a hybrid? What is the best practice for on-chain value accrual beyond potentially toxic buybacks? Will the "crypto premium" vanish entirely, forcing valuations to align with public equities and crashing many Layer 1 tokens? The result is a divergence: early-stage investors are becoming more price-sensitive on token projects, while appetite for equity deals is growing. Later-stage crypto VCs are increasingly competing with traditional funds in "Web2.5" deals. To survive, crypto VCs must find their product-market fit with founders. Capital alone is no longer sufficient. Winning the best deals—from projects that may not even need institutional funding—requires providing unmatched brand value and non-capital advantages.

marsbit04/13 04:08

How Should Crypto VCs Survive? When Top Projects No Longer Need Institutional Funding

marsbit04/13 04:08

Reflections and Confusions of a Crypto VC

An encrypted VC's reflection on the current crypto investment landscape, which is undergoing a significant reset. Token exits, once the primary driver of outsized returns, are being redefined in real-time, with no established valuation framework yet emerging. Key market shifts include: the rise of tokens like HYPE, which demonstrated that token prices can be backed by real, on-chain revenue, forcing a reassessment of governance tokens with weak fundamentals; a massive supply shock from meme coins (e.g., PUMP) fragmenting liquidity; and the diversion of retail speculative capital into prediction markets, stock perps, and leveraged ETFs. Major questions VCs are now grappling with: whether they are underwriting equity, tokens, or a hybrid; what constitutes best practices for on-chain value accrual beyond potentially toxic token buybacks; and whether the "crypto premium" will vanish entirely, compressing token valuations to traditional equity multiples and potentially crashing Layer 1 valuations by over 95%. The author argues the pendulum has swung too far towards quantitative DeFi metrics and that qualitative factors like culture, innovation, and security remain crucial for non-DeFi projects. The conclusion is that token return expectations have compressed significantly, pushing later-stage investors towards "Web2.5" companies with tangible revenue. Crypto VCs must now prove their value beyond capital by offering strong branding and value-add to founders to survive.

marsbit04/13 01:33

Reflections and Confusions of a Crypto VC

marsbit04/13 01:33

Meme Watchlist: Who's Cultivating Real Fans, Who's Inflating Data

The article "Meme Watchlist: Who's Building Real Communities vs. Who's Inflating Metrics" analyzes the memecoin sector, arguing that memecoins have achieved product-market fit as a form of crypto "gaming" driven by speculation, social interaction, and risk-reward dynamics. The report focuses on five memecoins—BONK, PEPE, SPX6900, PENGU, and USELESS—selected based on criteria including liquidity, global audience, cultural relevance, historical volatility, transparent on-chain data, and high beta correlation to Bitcoin. Key on-chain metrics are analyzed to assess holder conviction and staying power: - **Total Holders:** BONK leads with 985.9K, followed by PENGU (534.1K) and PEPE (505.7K). - **Small Holders (<$100):** BONK, PENGU, and PEPE show mature bases, while SPX6900 has a smaller but more dedicated community. - **Larger Holders:** SPX6900 demonstrates superior holder retention. When analyzing wallets that held $1,000 or $100,000 worth of tokens at their all-time high (ATH), SPX6900 consistently showed the highest rate of holders retaining their full position (in token units, stripping out price volatility). - **Whale Retention:** A significant majority (80%) of SPX6900's whales (wallets that once held >$100k) still hold over 50% of their peak token amount, far exceeding the retention rates of the other coins. The analysis concludes that SPX6900, with its strong community ethos centered around "Flipping the stock market," exhibits the most resilient and committed holder base. The report advises monitoring memecoins as indicators of market risk appetite and suggests that a small allocation (3-5%) to the right assets at oversold levels (low RSI) can significantly enhance a portfolio's risk-adjusted returns.

比推03/06 21:38

Meme Watchlist: Who's Cultivating Real Fans, Who's Inflating Data

比推03/06 21:38

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