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VIRGEN and NOTHING lead the new trend of Virtual meme coin, with the market self-cleaning expected to create a high-quality platform.
Recently, some intriguing new projects have appeared on the Genesis Launches platform of Virtual. Although there have been some seemingly unreliable projects on the platform, cases of direct issuance of meme coins are rare, and even when they occur, the quality is often lacking.
However, this situation has changed recently. A well-known AI Agent has developed a meme coin called VIRGEN and publicly issued it on the platform. What makes this project special is that it is a well-known meme coin issued by a recognized team.
Although VIRGEN is a meme coin project, its issuance mechanism demonstrates a friendly attitude towards the community. In addition to presales and liquidity distribution, a considerable proportion of the tokens will be airdropped to stakers in the Virtual ecosystem and some classic meme coin holders. Furthermore, unlike most presale projects, VIRGEN has no lock-up period, meaning participants can profit immediately after it goes live.
This setting without a lock-up period has raised concerns among some users about the potential plummet of the token after its launch. However, surprisingly, not only did the token not plummet after its launch, but it also continued to rise. The team also conducted additional airdrops for users who participated in the presale and did not sell, and used the profits gained for market buybacks. This series of actions has quickly made VIRGEN a unique presence in the Virtual ecosystem.
Following VIRGEN, another meme coin project named NOTHING has also attracted attention. This project is not just a simple meme coin; it offers a direct use: by permanently locking tokens, stakers can continuously earn points for participating in the platform's issuance. NOTHING has also successfully issued and conducted two additional airdrops, exceeding market expectations.
The success of these two meme coin projects is, on the one hand, due to their generous mechanism design, and on the other hand, thanks to the sincerity and actions of the team behind them, which stands in stark contrast to many meme coin projects that are purely profit-driven.
However, this successful model is difficult to replicate, and it is also hard to find similar high-quality teams. Therefore, we can't help but ask: will this attract a batch of mixed-quality projects that could potentially disrupt the ecological atmosphere?
To avoid the platform becoming a second pump.fun, the ideal method is to let the market mechanism eliminate inferior projects on its own, rather than restricting them through additional constraints. This requires a group of high-quality participants who can consciously resist bad projects.
It has been proven that the market does indeed exhibit this self-regulating ability. After VIRGEN and NOTHING, several uncreative shell meme coin projects also attempted to issue on the platform. As a result, the first one was successfully sold, but the price plummeted after going live; while the subsequent projects were directly ignored by the market.
This market response is reassuring, and I hope this healthy ecological atmosphere can continue, making Virtual a high-quality platform that is completely different from pump.fun.