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Most meme coin projects fail not because the story isn't good enough—it's because the experience isn't deep enough.
In the early stages, hype can attract people in, but once the price stagnates, users have no reason to stay. That's the core issue.
Real meme projects need a different approach. Instead of obsessing over daily K-line charts and discussing price fluctuations, it's better to create a more sticky ecosystem experience. Let token holders have a real sense of participation and valuable interactions within the community, rather than passively waiting for wealth effects.
From this perspective, finding a balance between short-term hype and long-term retention is the key to how far a meme ecosystem can go.