I don’t believe you!
During the Qingming Festival, this sentence suddenly spread in the Web3 circle.
The reason for the crazy spread was that an inconspicuous meme project MingBTC suddenly jumped into the public eye and received widespread attention.
On the eve of Qingming Festival, a man who claimed to be the King of Hell and the Black and White Impermanence "came out of nowhere"! They issued a meme coin MingBTC, which detonated the entire network in just a few hours and swept the WeChat Moments. It was also because a video of the Black and White Impermanence pulling the price was circulated in the WeChat Moments that everyone knew that in the Binance ecosystem, someone had issued 210 trillion ghost coins for no reason.
Just like DOGE and SHIB, MingBTC started as a spoof. It is an ancient custom to burn paper and incense to commemorate ancestors during the Qingming Festival. Some time ago, a notice in Nantong, Jiangsu Province prohibiting the sale and purchase of ghost money caused heated discussions on the Internet. This also laid the groundwork for the birth of digital ghost money.
Of course, there are many reasons why it can trigger fomo, such as the project has no dealer, and the initiator abandons the authority at the first time. The transaction fee is low, and everyone has a strong desire to trade.
More importantly, many participants used MingBTC to complete their satire and protest against the lack of integrity in the entire industry. So in just a few hours, MingBTC grew dozens of times, and there was no sign of stopping the rise.
With the arrival of the bull market, grassroots meme projects have also sprung up like mushrooms after rain. The Dark Forest Law has become the mainstream belief. Meme projects are full of various air projects that disrupt the industry, such as withdrawing pools and Pixiu disks. Many players have been cut and bruised. The blockchain industry is based on trust, but people are full of distrust between people. It is precisely because of people's indignation at the malicious cutting of leeks by such project parties that MingBTC has quickly attracted the attention of industry insiders once it was launched.
Just as the community resonates: people no longer believe in digital currencies issued by humans, we believe in it! So a stalk was born: I don't believe in you!
It's time for meme projects to be regulated. Just as MingBTC is popular, we need honest project parties! We need equal rules! Only in this way can the entire Web3 industry ecosystem grow more healthily.
The slogan in the well-known domestic community AVZ:
I don’t trust you!
The new era of FOMO has arrived
99% of the leeks, unite on this Qingming Festival!
We don’t trust, I don’t trust you!
I believe that with the development of the industry ecology, more and more projects like MingBTC that carry healthy meme culture will appear, let us wait and see.