After LTC was downgraded to memecoin, the game of “Who is the meme” became popular?

As the US election comes to an end, the Bitcoin Meme craze is accelerating, attracting a lot of funding and community attention. From the market volatility after Trump announced Musk’s entry into the “Government Efficiency Department”, to the continued rise of Meme coins (such as $DOGE) and AI Meme concept sectors, we can’t help but ask: Who can stand out from this wave and become the next legend?

Recently, $DOGE and related meme coins have performed well, especially the Trump-themed meme coin Peanut the Trump (PNUT), which rose by 324.49% in just 24 hours and exceeded $6 billion in trading volume. In the past 24 hours, meme projects have attracted great attention from the market, and meme tokens have occupied six seats in the top ten currencies in terms of trading volume – DOGE, SHIB, PEPE, WIF, BONK and PNUT. This meme craze has not only caused huge waves in the market, but also made people look forward to the future of Bitcoin-related meme projects.

Who is the undercover agent? Li Kui and Li Gui?

The vast majority of memecoins are in Solana, the mainnet, and Layer 2. I can’t help but wonder if this doesn’t match Ted’s original intention? As the most supportive kripto president of Bitcoin, Bitcoin has always lacked native memecoins. When I thought I had caught the blind spot of the market and was about to contact DEV for development.

MerlinChain released an official tweet: Given the current market environment, we are now positioned as the core force of Bitcoin Meme, driven by $MERL. After LTC was downgraded to memecoin, Merlin intends to become the leader in the Bitcoin Meme field and inject more innovative power into this craze. So, in the context of the continued rise of Meme culture, the Who is the meme game has officially begun, just like Who is the undercover, fish eyes and pearls, who can stand out in this competition and become the next legend?

The rise of Bitcoin Meme culture: the new charm of blockchain

Bitcoin is not just a digital currency, it has long developed into a cultural phenomenon. With the rise of Meme culture, Bitcoin has gradually become a carrier of creativity and expression, attracting widespread participation from users around the world. More and more Bitcoin-related Meme projects and tokens (such as Meme Madeni Para) have emerged. These projects have quickly accumulated a large number of fans and investors with their strong community effects, becoming a force that cannot be ignored in the crypto market.

But in this meme craze, how to stand out? How to break away from the competition in the creative Bitcoin ecosystem and become a truly legendary project? The answer lies not only in the uniqueness of the idea, but also in the improvement of technological innovation and user experience. Based on this, Merlin is laying the foundation for its emergence in the field of Bitcoin Meme through continuous innovation.

The BTCmemecoin dilemma

As mentioned above, most memecoins originated from Solana, the mainnet, and Layer 2. Due to their relatively fast response speed and delivery methods, liquidity has attracted huge attention. This is one of the dilemmas of BTCmemecoin – difficult secondary trading behavior.

How to improve the liquidity of BTCmemecoin? BTC Layer 2 may be one of the best solutions, whether it is Merlinchain, which launched $MERL as a means of payment, or the classic L2 solution that uses a virtual machine as a bridge. When the gas rate of BTC is reduced and the block generation speed becomes faster, BTCmemecoin may start another narrative of the bull market.
After all, who can resist playing a meme on BTC?
Merlinchain allows users to use $MERL instead of Bitcoin Gas fees. It simplifies the transaction process, reduces transaction costs, and improves transaction flexibility, bringing greater adaptability and scalability to the Bitcoin ecosystem. Users can conduct crypto transactions more conveniently without having to worry about complicated fee settings.

At the same time, Merlin also launched an upgraded version of the AA wallet Particle, which optimized the transaction interface and operation process, making it more intuitive and efficient for users to execute transactions. Through these innovative measures, Merlin not only improved the user experience, but also further consolidated its core position in the Bitcoin Meme craze.

Opportunities and challenges facing “Who is the meme”

With the continuous development of Bitcoin Meme culture, the market competition faced by many L2s is also intensifying. How to continue to innovate and meet user needs in a fierce market environment, who is the meme, who is more willing to lower his profile, who pays more attention to the market, who will stand out from this bull market.

Merlin clearly stated in its official Twitter: We are now positioned as the core force of Bitcoin Meme, driven by $MERL. This statement reflects Merlins ambition in this field and its firm belief in the huge potential of Bitcoin Meme culture. Through innovative payment solutions and wallet optimization, Merlin is actively laying out to seize the initiative in this emerging market.

Future Outlook: Deep Integration of Meme Culture and Blockchain

As the Bitcoin Meme craze continues to heat up, I believe that more and more projects will embrace memes. How to display meme culture on different chains is a seemingly nonsensical appearance, but the core requires solutions through technological innovation, the unique advantages of payment solutions and the continuous improvement of user experience.

In the future, as Bitcoin Meme culture becomes more globalized and commercialized, technical teams of all projects will continue to face more challenges and opportunities in innovation and market expansion. In this wave of enthusiasm, are LTC and Merlin, the first to embrace memes, truly prepared to transform and eventually become the next legend? Or will they become a joke in their respective ecosystems? The ending is still unknown, but the prelude of the frenzy has already arrived.

This article is sourced from the internet: After LTC was downgraded to memecoin, the game of “Who is the meme” became popular?

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Feng Yu is an assistant professor at the University of California, Santa Barbara. He received his Ph.D. in Computer Science from the University of Texas at Austin (UT Austin) in 2018. His research areas include blockchain security, programming languages, and formal verification. He is currently the founder and CEO of Nubit. Since 2011, he has been engaged in formal verification research, focusing on the security of various software systems, from browsers to mobile applications. During his doctoral studies, he conducted in-depth research on distributed systems and security protocols, and gradually realized the great potential of blockchain technology in building secure and decentralized systems. Because virtual currency asset management has also made it a frequent target of hackers, he decided to devote himself to the Web3 field and is committed to…