Recently, the sixth issue of the HTX new program "Dialogue HTX Fire companions" began.

In this program, encryption KOL OxLeon, Goku are very Cool, DaDa, Vito, Tk to " About making the rich effect: TON VS??? This round of the bull market, who is the king of Meme!" As the theme, it discusses the competitiveness of TON in the effect of creating wealth, and interprets the investment prospects of Dogecoin.

Who is the King of the Meme?

When it comes to the question of who is the king of Meme, OxLeon proposed by comparing Meme ecology on Solana, Base, and TON chain that Meme ecology on Solana far exceeds other chains in terms of community activity, capital depth, and market maker activity. The Meme ecology on  Base is not active. From the perspective of ecological construction, TON is in the early stage, and early participation will be beneficial. The TON Foundation will focus on the DeFi and Meme track in the future, which can use its own advantages to produce some localized products.

DaDa parses the problem from a multidimensional perspective. In his opinion, Dogecoin (DOGE) is the undisputed king of Meme in terms of currency alone, because Dogecoin opened the entire Meme era. From a chain point of view, Solana is the Meme leader of this bull market. From the perspective of development, Base and TON ecology are rising rapidly.

DaDa said he is more bullish on TON. The reason is that the close relationship between TON ecology and Telegram ecology will produce a lot of potential or long-term Meme coins.

Tk believes that each ecology is different, and different ecosystems have different ecological characteristics. The real Meme out of the circle, not how much increase, but also should pay attention to culture, science and technology and other social identity.

Vito has entered the crypto market since the end of 2016, and it has dabbled in different tracks with the development of the industry. Its analysis says that at the chain level, Solana is undoubtedly now the king of Meme. But the various Meme projects have their own characteristics, which has a lot to do with the underlying infrastructure. Vito revealed that he pays more attention to BSC community at this stage, and his steady community culture is more characteristic.

Market performance and investment analysis of Dogecoin
Influenced by the US election, the market performance of Dogecoin has attracted widespread attention and discussion. Although Elon Musk (Elon Musk) has frequently served Dogecoin on social media, its price increase has not been as violent as expected.

In response, 0 x Leon points out that canecoin has been a significant increase in the market before and after the election. From the trend, after the election, the market trading activity declined, Dogecoin showed a defensive characteristic. At the same time, other popular currencies such as Solana have also shown a relatively weak market in the past week. In the current market environment, new currencies are more likely to bring the market, and blue-chip coins like Dogecoin are more suitable for large funds to intervene.

Tk analyzes the performance of Dogecoin in terms of market value. He noted that dogmoney has risen from around 0. [] $1 in October and has risen four to five times. Dogecoin's market value is now at $60 billion, equivalent to the market value of Lululemon in 2024. Therefore, from this perspective, the rise of dogecoin has been considerable.

Vito also agrees with the dogecoin's performance. He believes there are not many currencies in this bull market, but Dogecoin did it. It is currently in the normal stage of market adjustment, and can no longer be viewed with the logic of small market capitalization currencies.

Goku is very Cool and provides the data from a miners' perspective. He mentioned that miners can also dig litecoin while digging for dog coins, which is about ten times the profit. When Dogecoin is around $0. [] $4, many people line up to buy dogecoin mining machines. He found that even traditional capital showed great interest in Dogecoin. At present, the market value of Dogecoin has reached more than 60 billion US dollars, and it still has huge development potential.

DaDa argues that Meme investments should distinguish between Meme and local dogs. Local dog is suitable for playing new but not old, but like dog coins and other market verification is the currency, suitable for long-term attention, investment.