MemeX @MemeX_MRC20 Season 1 is about to end. With a midday market pullback, the entire platform's meme tokens have seen significant declines.
Dragon One $MXT has retraced by 33%, while the price of $M has dropped to 0.39, also experiencing a certain degree of pullback.
For a project to gain traction, it requires not only marketing but also the synergy of ecosystem and platform tokens to achieve better effects. This time, $M completed the pump + marketing, but it always feels like the rhythm is off. At the peak of interest, it failed to align with the soaring token price to create a FOMO effect. Meanwhile, the ecosystem's staking and XP have not been implemented to empower and attract people to stake, even though it consistently reached new highs in the early stages, it couldn't increase the staking volume.
Without a substantial increase in locked-up volume, locking some people in for a year directly restricts participation, but most people are not involved, so the overall locked-up volume still cannot increase. Coupled with an unhealthy pump rhythm, focusing solely on the pump without consolidation or small pullbacks to give people opportunities to get in, it ultimately turns into a one-man show by the market maker. A similar situation can be seen with $PENGU, which did very well by pumping and then slowly retracing to give opportunities for more people to get in, gradually forming a spontaneous crowd and buying pressure. Additionally, with the Q4 token issuance and expectations for ETG, it created such a soaring momentum. These are all things that $M and @MemeX_MRC20 did not execute well.


MemeX's last week
$M has risen over 30% from the bottom
The increase in platform memes is limited
The lively CT wallpaper change activity sharply contrasts with the lackluster performance of the platform's tokens
Is there still a chance for @MemeX_MRC20 to heat up again and drive the platform to take off?
Overall, @MemeX_MRC20 doesn't have much time left.


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