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How to determine if a Meme coin truly has value? The key lies in the order—it must first become a phenomenon at the cultural level before it can evolve into a financial asset.
Taking the classic example of Bread Cat, it perfectly fits this logic. The original photo of this cat was posted on August 2, 2011, and initially went viral on Reddit, making it an undeniable part of internet cultural heritage. In other words, it has genuine cultural sediment and a solid fan base.
More convincing is third-party data. In the archive of KnowYourMeme, a global authority on internet culture, Bread Cat's history predates rising stars like WIF (Hat Dog) and POPCAT (Big Mouth Cat), and it also has higher viewership. This is not self-promotion but an objective historical record.
From another perspective, this is what is called "roots in the right place." How far a Meme coin can go often depends on how deep its cultural recognition is. Coins created out of thin air without a cultural foundation are ultimately just tools for hype. Projects with genuine cultural bloodline are more likely to gain long-term recognition and participation.