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Are meme coins really worthless? Hear what the exchange founders have to say
【Crypto World】Regarding whether Meme coins are worth investing in, Gate founder Dr. Han recently shared his views. He admitted that he wouldn’t buy Meme coins as traditional investment assets, but he actively trades such assets on trading platforms to observe the true behavior and psychological changes of market participants—this is very helpful for understanding the market.
He believes that the entire industry is actually making a cognitive mistake. People are still using valuation logic from traditional assets, even stocks, to evaluate Meme coins and to assess the entire crypto market, but this framework itself is not applicable. Just like in the early days, using stock market thinking to understand Bitcoin, which fundamentally cannot explain its value.
Interestingly, Dr. Han mentioned some actual performances of decentralized applications. For example, prediction markets, in major event forecasts like the US elections, sometimes outperform traditional institutional prediction models, indicating that decentralized mechanisms can indeed play a unique role.
His core point is: Meme coins are not inherently “junk assets”; the key is to understand them from the right perspective. The underlying user sentiment, community consensus, and market experimental attributes are all valuable, and should not be simply judged by traditional asset valuation standards.