Experiencing the meme version of the prisoner's dilemma Everyone is shouting "Build," but most people actually just want to ask: "When can I cash out?" The game looks like this: | | Long-term Operation | Short-term Arbitrage | | Long-term Operation | 2, 2 | 0, 3 | | Short-term Arbitrage | 3, 0 | 1, 1 | Both parties operate → Win-win, co-create narrative, sustainable One party jeets → Quick profit and run, the other becomes the bag holder Both parties jeet → Flash crash to zero Everyone knows that "long-term Build" is the right answer, but no one believes the other will stick with them to the end. So the safest choice becomes: running first is safer. You think you're playing a meme, but you're actually participating in a trust game. So where is the problem? I think it's: The market lacks new narratives. Every day, 20,000 new projects are listed on the chain, and memes have been cycled for a whole year. Just this year, there are seven to eight million new tokens on the market, all narratives have been told once, attention is already fatigued, and passion is ebbing. This is the current situation I see from the front line. But will memes die? I don't think so. The market naturally ebbs and flows, and the more chaotic the world, the less likely new narratives will be absent. Patiently wait for a PVE that resonates with people. It will come.