For those cryptocurrency players who follow Memecoin, you must have seen the news about the upcoming $PAIN token recently. The following view is quoted from a netizen on Twitter (X). Please read his views carefully and see if you agree with them.
People don’t realize this is a crucial turning point for @Memeland – whether it survives or dies.
The next team update needs to be huge if they want to hype things up, boost morale, restore trust, and keep the momentum going.
Anything less than big will just cause a deeper and deeper dip with no recovery.
The inflation happening with $MEME needs serious demand on the other side to balance things out and counteract the selling. But seeing wild speculation about the PAIN token launching on Blast and people actually cheering for it because they think it’ll be airdropped to MEMELAND holders?
That’s not going to fix anything, it’ll only make things worse. Launching a new token on a dead chain while the native token is basically dying isn’t a good move, it’s just a Ponzi within a Ponzi to keep the wheel turning.
But long-term, it’s a total disaster of an approach. Let’s just hope
@9gagceo and the team have some solid and serious solutions up their sleeves.
First of all, I don’t think $memecoin is a dying cryptocurrency. In fact, the memeland team has been working on things, such as the testnet and mainnet announced earlier, but the progress is slow. But sometimes “fast is slow, slow is fast”. Because for a project, it is better to be late than to be foolproof.
In addition, if the memeland team has completely given up, no project will cooperate with it, such as blast, yolo, mon and runecoin, unless these project parties are fools.
Secondly, I don’t think that airdropping $PAIN to memecoin holders will have a negative impact on memecoin itself. On the contrary, it will bring added value to memecoin, because holding will generate income, which can only further increase people’s enthusiasm for holding memecoin.
Of course, these are just our opinions. The price of any cryptocurrency will rise and fall, and the most important thing is that the project behind it has been doing things in a down-to-earth manner. Let’s wait and see the subsequent development of memeland. But we should look further ahead, such as the next 1, 3, 5, or even 10 years, not just the next few days or months.