Dialogue Horse: From Meme Coin to Launch Platform, Investment Logic Behind Soha Culture Selected horse quotes: -The market characteristics dominated by retail investors in the Solana ecosystem make it the core chain for Meme coin investment, and the liquidity siphon effect and Matthew effect limit the potential of other chains. -Seeing others achieve good results can cause great stimulation to oneself, leading to further mistakes in the wrong choices and affecting one's mentality. It can also make it difficult to focus on analyzing and summarizing, resulting in a vicious cycle. -Launch platform (such as http://Pump.fun Believe is the key to capturing the value of Meme coins, and a good launch platform can solidify funds and achieve long-term profitability. -The success of public chains and launch platforms depends on their ability to attract developers and asset issuances, rather than solely relying on the retail market. -Layer 2 technology has weakened the economic value of Ethereum, and Ma believes that there are problems with its revenue sharing mechanism, leading to funds flowing to local Layer 2 rather than the Ethereum main chain. -The growth of stablecoins will bring more capital inflows to on chain transactions, but the future revenue of public chains will depend on diversified sources of income such as gas fees, tips, and MEVs. -Investment should be results oriented, and the core business model in the Crypto field is transaction fees, with transaction volume determining the platform's core value. -Crypto games are difficult to achieve stable income due to users' unwillingness to pay, and application investment needs to focus on positive cash flow and user payment ability. -Believe focuses on meeting the financing needs of small developers, achieving cold start through shared fees, and positioning itself in niche markets. -Solana optimizes its trading system through priority fees and tips, and its future revenue will depend more on MEV rather than gas fees. -The entire crypto industry is facing the arrival of more mature investors and ETFs, and future competition will focus more on core fundamentals and revenue performance. https://www. (techflowpost.com)/article/detail_25901.html