"BOME"

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The Bome project, or Book Of Memes, is an experimental Meme project that combines blockchain technology, decentralized storage, and trading to immortalize memes.

As the U.S. election concludes, 2024 is also closing. Reflecting on this year's crypto bull market, Meme has been an unavoidable topic. From BOME at the start of the year, MAGA in the middle, to GOAT at the end, Memecoin has generated new hot topics every quarter, sustaining the industry's momentum. Belgian scholar Francis Paul Heylighen proposed in 1998 that meme culture consists of four stages, including "assimilation," "retention," "expression," and "transmission." On a deeper level, meme culture's popularity can be attributed to its alignment with the uses and gratifications theory proposed by British communication scholar McQuail.

Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

Humans chase trends, and trends create value. In the 21st century, as we enter the era of Web 3.0 with limited information, memes explode, creating popular tokens that can be monetized. The success of memes is influenced by four external factors: content, environment, KOL matrix, and wealth effect. Some individuals, known as super individuals or KOLs, have different abilities to influence others. Meme tokens are a distinctive phenomenon of the Web3 era, where attention is endowed with financial value, and the matching of capital and attention creates meme tokens. Consideration of the attention feedback phenomenon is advised when investing.

The popularity of DePIN is soaring, from the concept proposed by Messari in the first quarter of 2023 to the surge in prices of multiple DePIN projects in the fourth quarter of 2023. DePIN has become one of the most anticipated tracks in 2024 and this new bull market cycle. However, this does not eliminate the industry's doubts about new concepts, and Vitalik's skepticism is also a major background issue facing practitioners entering the track.

MEME coin rapidly spreads within the cryptocurrency community through humorous, satirical digital images, and concepts, attracting investors. Social media serves as its key dissemination channel, leveraging celebrity endorsements and influencer recommendations to gain widespread attention. The design and concept of MEME coin are closely tied, incorporating innovative or easily communicable topics to enhance visibility. It significantly impacts the public chain ecosystem, attracting a large number of new users to participate, but its high volatility also brings market instability. Investors should pay attention to diversification and long-term holding. In the future, MEMEcoin may integrate more technological innovations and decentralized financial applications, continuing to be community-driven.

Gate Research Daily Report (October 15):The crypto market performed strongly, with BTC surpassing $66,000 and ETH standing above $2,630, reflecting a significant increase in buying sentiment. Spot ETFs for Bitcoin and Ethereum in the U.S. recorded net inflows of $556 million and $17.07 million, respectively, indicating a revival of investor confidence. The Fear and Greed Index rose from 48 to 65, signaling a shift in market sentiment toward greed. Currently, 91% of BTC addresses and 66% of ETH addresses are in profit. Over the past week, crypto asset investment products saw inflows of $407 million, with multi-asset products attracting capital for the 17th consecutive week. Additionally, Puffer’s Total Value Locked (TVL) surged to $1.4 billion, with its token price increasing by 95% within 24 hours.

This article will explore the relationship between MEME and blockchain, as well as its impact on cryptocurrency culture.

The world of memes is always full of entertainment. Recently, a platform with the domain name "fun" — Pump.fun — has attracted considerable attention in the crypto community. Even professional poker player Tom Dwan mentioned Pump.fun in a tweet, hinting at his interest in its gambling entertainment.

This article explores how the "diamond hands" (long-term holding) strategy has evolved in cryptocurrency markets. Current market dynamics differ significantly from the previous bull cycle, with gains concentrated in Bitcoin, meme coins, and AI tokens rather than spreading across the broader market. While mainstream altcoins struggle to match their previous performance, the meme coin sector has become particularly volatile and fast-paced. Given these changes, investors must be more selective with their assets and consider taking profits strategically instead of holding indefinitely.

Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

This article analyzes multiple memecoin issuance platforms under the Bitcoin ecosystem, revealing their market potential and investment opportunities, including multiple memecoins issuance platforms based on the Bitcoin ecosystem, such as BounceBit, Satspump.fun and Lnpump.fun.

It's clear that Meme coins, as lightweight tokens that carry user emotions, would become cumbersome if developed and community-built like other projects. Thus, a low-cost and rapid Meme launch platform is what the market urgently needs.