A highly satirical and emotional app narrative has been flooding the internet and crypto circles recently—frequent appearances of Chinese meme phrases about elderly life have sparked widespread discussion. This phenomenon seems coincidental but actually reflects the collective mindset projection of the digital age onto an uncertain future.

These memes are essentially concrete manifestations of the "software as institution" metaphor, pointing to deep issues such as welfare mechanisms, platform power, information asymmetry, and systemic failures. But what happens to them in the crypto market? The answer is: they are tokenized.

Chinese meme coins have emerged accordingly. Unlike traditional projects that focus on technology or applications, the value of meme coins comes from community consensus, cultural identity, and narrative tension. Those exaggerated, open-to-interpretation memes have become ideal narrative containers—each participant can fill them with their own anxieties, sarcasm, or rational thoughts.

But here’s the problem: this market model driven by social language and emotions is inherently unstable. Prices fluctuate with public opinion trends and platform policies, lacking fundamental support, and their lifecycle is usually very short. From a macro perspective, the rise of Chinese meme coins is rewriting the operational logic of the crypto market—it has evolved into a "social sentiment pricing mechanism," not only reflecting capital flows but also representing the collective response of digital society to power, institutions, and even future imagination.

There is indeed controversy over the naming of that app, but regardless, the emergence of similarly named meme coins prompts the public to re-examine these issues. It’s worth continuing to observe how this trend develops.