The Development Trends and Market Response of Meme Coin Projects on the Launch Platform

Since the launch of a certain platform, the quality of projects released on the platform has varied significantly, but there are relatively few projects clearly positioned as meme coins, and even those often appear to be unprofessional.

Recently, this pattern has changed - well-known AI agent tools collaborating with the platform have launched their own meme coin VIRGEN directly on the platform. The uniqueness of this project lies in the fact that it is a meme coin publicly issued by a well-known team in the industry.

Although positioned as a meme coin, the project demonstrates a special care for the community in its issuance mechanism: in addition to the presale and liquidity portions, it also provides a substantial airdrop ratio for stakers in the ecosystem and some holders of classic meme coins.

It is worth noting that, unlike other presale projects, VIRGEN has not set a lock-up period. This means that after a successful sale, the tokens may start trading at a high premium right from the beginning, allowing users who participated in the presale to immediately sell for profit - which is precisely the operation method many participants dream of.

This mechanism naturally raised concerns in the market about a possible crash after the launch. However, despite various speculations, many users actively participated and contributed to the success of the release.

Surprisingly, after the token went live, there was no expected crash; instead, it continued to rise. The team has also been proactive, providing additional airdrops for loyal users who participated in the presale and did not sell, in addition to fulfilling the airdrop promised during the presale, and using the profits gained to continuously buy back the tokens in the market.

This series of operations allowed the token to quickly establish a unique image, becoming the undisputed first successful meme coin in the ecosystem.

Subsequently, another meme coin called NOTHING appeared in the ecosystem. This project is not only positioned as a meme; its team has also given it a clear purpose: by "permanently" locking the tokens, staking participants can continuously earn points from the platform's sales. NOTHING also successfully launched and conducted two additional airdrops, performing beyond market expectations.

These two meme coin projects can stand out in the current environment of meme proliferation, partly due to their generous mechanism design and partly because the actions of the team behind them contrast sharply with most purely profit-driven meme coin projects.

However, such successful models are difficult to replicate, and responsible teams of this kind are relatively scarce.

As a permissionless launch platform, anyone can publish projects on it. Successful cases will inevitably attract a mix of good and bad projects, which may disrupt the positive atmosphere of the ecosystem and lead to an overall deterioration of the environment.

If it evolves into another speculation-dominated platform, its long-term development will be severely restricted.

The most direct way to solve this problem is for the platform to directly intervene and adjust the rules, by adding constraints to limit low-quality projects. However, if this approach is not handled properly, it may lead to excessive intervention and ultimately stifle the vitality of the platform.

A more ideal way is to maintain the permissionless nature of project issuance while relying on market mechanisms to naturally eliminate inferior projects. If such a healthy market mechanism can be formed, it will create a unique cultural atmosphere and build strong competitive barriers.

To achieve this goal, the key lies in attracting high-quality participants who can consciously resist bad projects through their actions.

It has been proven that the market is developing in a healthy direction. After the first two successful cases, several lackluster and purely shell meme coin projects have indeed emerged. The first one was sold out, but its price plummeted rapidly after going live; subsequent projects were directly neglected by the market.

The self-purifying phenomenon of this market is gratifying. I hope this healthy atmosphere and mechanism can continue, allowing the platform to form an ecological environment that is completely different from that of pure speculation platforms.