Jupiter: Industry needs to address Meme abuse

According to Jupiter co-founder Meow on the X platform, Meme Coin is a user-generated currency that can quickly unify the crowd economically, financially, and ideologically. Lack of practicality and infrastructure is a feature, not a flaw, which instead allows community builders to launch projects without technical accumulation. However, this feature is also vulnerable to abuse, especially in times of ambiguous identities. Meow stressed that the industry must address abuse and live up to the promise of Meme Coin. He is confident about the future and believes that by focusing on communities that engage for the long term, this problem can be solved and user-generated currency (UGM) can be brought into a new era.