Opinion: Meme coins are a "one-cycle trade" — don't develop long-term holding dependence

PANews reported on September 23 that DeFi researcher Ignas stated meme coins are a "one-cycle trade" — investors can trade them but should not hold them long-term. WIF was a representative meme coin of the previous cycle, but both its price performance and market attention have now clearly declined, and once a meme coin loses market attention it usually means the trend is over; FARTCOIN faces a similar situation. DOGE is one of the few exceptions that has spanned two cycles, but it is no longer a strong target. The short life cycle of meme coins differs from Bitcoin, which can continuously form new market narratives, and he reminded investors not to develop long-term holding dependence on meme coins such as ZCAT and CASHCAT.