#美国非农就业数据未达市场预期 Community-Driven Logic of Chinese Meme Coins

Recently, Chinese memes like "Is it dead?" have been flooding social media and crypto communities frequently. It's worth breaking down the tactics behind them.

This isn't something that suddenly appeared, but rather a collective projection of uncertainty in the digital age. When highly structured systems make people feel powerless, they express anxiety through ironic and exaggerated linguistic symbols. These memes go viral precisely because they're open-ended enough—everyone can project their own emotions into them.

In the crypto space, things get interesting. Chinese meme coins are completely different from traditional crypto projects. They don't rely on technology or applications—they rely on community recognition and cultural tension. The core driver of value generation is the meme's own propagation power and emotional infectiousness. "Is it dead?" becomes an ideal narrative vehicle precisely because it's absurd enough, controversial enough, and capable of sparking discussion.

But this model also hides major pitfalls. Price volatility follows sentiment heat and policy direction entirely, with almost zero fundamental support. Most Chinese meme coins have short lifespans—when the hype fades, the coin dies.

From a broader perspective, the emergence of Chinese meme coins reveals a phenomenon: the crypto market is evolving into a "social sentiment pricing mechanism." It doesn't just reflect capital flows; it also mirrors the collective imagination of digital society regarding power, institutions, and the future. The emergence of this market form is worth serious consideration by all participants.