Dialogue with HTX Partners Episode 6 | Exploring the True Meme Chain King and Analyzing DOGE's Investment Prospects
TechFlow Selected TechFlow Selected
Dialogue with HTX Partners Episode 6 | Exploring the True Meme Chain King and Analyzing DOGE's Investment Prospects
Recently, Huobi HTX launched the sixth episode of its new series "Dialogue with HTX Partners."
Navigating Web3 tides with focused insightsIn this episode, crypto KOLs OxLeon, Goku很Cool, DaDa, Vito, and Tk discussed the topic "Wealth Creation Effect: TON VS ??? Who is the true King of Memes in this bull market!" They explored TON's competitiveness in wealth generation and analyzed Dogecoin's investment outlook.
Who Is the King of Memes?
When discussing who holds the title of "King of Memes," OxLeon compared the meme ecosystems on Solana, Base, and TON. He pointed out that Solana’s meme ecosystem significantly surpasses others in terms of community activity, capital depth, and market maker participation. The meme scene on Base remains relatively inactive. From an ecosystem development perspective, TON is still in its early stages—early participation could yield advantages. The TON Foundation plans to focus more on DeFi and meme sectors in the future, leveraging its strengths to foster locally developed products.
DaDa provided a multidimensional analysis. In his view, in terms of individual tokens, Dogecoin (DOGE) is undoubtedly the King of Memes, as it initiated the entire meme coin era. From a blockchain perspective, Solana leads this bull market in memes. Looking ahead, Base and TON ecosystems are rapidly rising.
DaDa expressed stronger optimism toward TON. He believes the close integration between TON and Telegram ecosystems will give rise to many promising or long-term-oriented meme coins.
Tk emphasized that each ecosystem has its own unique characteristics. True meme success isn’t just about price surges—it should also reflect cultural impact, technological innovation, and broader social recognition.
Vito entered the crypto market at the end of 2016 and has experience across various sectors. He analyzed that at the blockchain level, Solana is currently the undisputed leader in memes. However, different meme projects have distinct features shaped by their underlying infrastructure. Vito shared that he personally is now focusing more on the BSC community, which stands out for its steady, grounded community culture.
Dogecoin Market Performance and Investment Analysis
Dogecoin's market performance has drawn widespread attention due to the U.S. election. Despite frequent endorsements from Elon Musk on social media, its price hasn't surged as strongly as some expected.
OxLeon noted that around the election period, Dogecoin—a major market favorite—had already experienced significant gains. Following the election, overall market activity declined, yet Dogecoin demonstrated relative resilience against downturns. Meanwhile, other popular assets like Solana showed weaker performance over the past week. In the current environment, newer tokens may be more likely to drive momentum, while established blue-chip assets like Dogecoin are better suited for large-scale capital deployment.
Tk analyzed Dogecoin from a market capitalization perspective. He pointed out that Dogecoin rose from around $0.1 in October to a four- to fivefold increase since then. Its current market cap has reached $60 billion—comparable to Lululemon’s valuation in 2024. From this standpoint, Dogecoin's appreciation has already been substantial.
Vito agreed with this assessment. He noted that in this bull cycle, few cryptocurrencies have managed to match Bitcoin’s performance—but Dogecoin is one of them. It is now undergoing normal market correction and should no longer be evaluated using the logic applied to small-cap tokens.
Goku很Cool provided insights from a miner’s perspective. He explained that miners can simultaneously mine Dogecoin and Litecoin, with Dogecoin offering approximately ten times higher returns. When Dogecoin approached $0.4, many people queued up to purchase Dogecoin mining equipment. He observed even traditional capital showing strong interest in Dogecoin. With its market cap now exceeding $60 billion, Dogecoin still holds significant growth potential.
DaDa stressed the importance of distinguishing between legitimate memes and low-quality "shitcoins." Shitcoins follow a "new is better" pattern, whereas proven assets like Dogecoin deserve long-term attention and investment.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
