Industry insiders: "meme coin" issuance threshold is extremely low, the vast majority lack technical support

Recently, Manus, which was called "the world's first general intelligence product" by the publisher, quickly "came out of the circle", and the popularity quickly spread, and the invitation code was once fried to tens of thousands of yuan. With the explosion of Manus, the cryptocurrency market also saw a number of Manus tokens with the same name, whose prices rose and fell sharply in a short period of time. Some tokens with the same name rose by more than 900%, and some prices almost returned to zero after falling by 95% in just 3 hours. Ji Yichao, co-founder and chief scientist of Manus, immediately clarified that Manus has never participated in cryptocurrency projects, token issuance or blockchain plans. Some industry insiders told reporters that the issuance threshold of "meme coins" is also extremely low. "Now there are many platforms that issue coins with one click." Zhao Wei, a senior researcher at OKX Research Institute, told reporters that the vast majority of meme coins lack technical support and community foundation, and eventually lose liquidity due to lack of market recognition. Such meme coins that rely on short-term speculation have an extremely low survival rate and high investment risk.