BlockBeats News, June 9th. Top trader Eugene Ng Ah Sio posted on his personal channel, reviewing the development history of meme coins in the market, especially after the Meme coin craze and HYPE gained great success, the market pattern has become clear. Projects with the following three key features will receive a market premium:
· A sustainable growth business model (preferably independent of the crypto market's bull/bear cycles)
· Achieving very low token inflation through unlocking mechanisms (investors or team selling)
· A team that prioritizes token holder interests, often demonstrated by using some income for public market token buyback (note: this is fundamentally different from token burning with no actual value)
Eugene stated that projects currently meeting all three criteria at the same time are extremely rare, with HYPE being the most prominent example. However, it can be foreseen that the next batch of market winners is in the making. While some projects often meet two of these three criteria, lacking any one usually means the market will not pay any attention to their token. Currently, many tokens are in this awkward position—lacking buy-side support. Unless they address these missing elements, this situation will persist. Furthermore, compared to dividend distribution and other methods, public market token buyback is the simplest operationally for teams, with the lowest regulatory risks.
