Are the bulls and bears fighting again? Trading master Ansem and KOL debate the future of Meme

Original title: "Shorting Meme? Master Ansem and 500,000-Follower KOL Debate on the Future of Meme"
Original author: TechFlow

Because of its fair launch and easy-to-understand inherent culture, Meme has always been the representative of retail investor spirit.

To make Meme rise is the common expectation and wish of crypto investors.

Of course, since the moment Meme was born, the debate surrounding Meme's price and future trend has never stopped. But if you are publicly bearish on Meme, I'm afraid it will lead to a big debate.

The impact of the last debate between a16z CTO and the community on the value of Meme has not yet dissipated. Last night, a trader @CryptoDonAlt with 550,000 followers posted a bearish tweet on Meme, which triggered a new round of debate:

DonAlt believes that the Meme craze is over and the sector is about to experience a big crash. At the same time, he remains optimistic about tokens in other sectors, and finally gives a "special advice" to Meme players who are currently keen on hyping cat and dog themes with a slightly sarcastic tone.

DonAlt then explained why he was bearish on memes:

1. There are already countless MEMEs

2. Thousands of new MEMEs appear every day

3. Many people believe in the GME -> Meme rotation (which I think is very stupid)

4. The overall chart does not look good

5. Market sentiment is heavily bullish

In the current environment where Meme hype has become slightly "crypto politically correct", DonAlt's "not so correct" remarks immediately aroused a chemical reaction among Meme players.

The well-known Meme shouting master Ansem (@blknoiz 06) quickly responded to DonAlt's bearish view and showed a screenshot of cryptocurrency data over the past year:

Ansem pointed out that Memecoin is the only altcoin sector that has risen overall in the past year, questioned DonAlt's choice to be bearish on MemeCoin, and responded to the ridicule with a sentence "wait and see".

After the response, Ansem immediately released a new tweet in support of Memecoin: "MemeCoin is currently in the acceleration phase, and there will be new MemeCoins worth billions of dollars like Pepe, Bonk and Wif in the future."

Afterwards, Ansem described the discussion as "a war" through an interesting Meme picture.

Indeed, this is a battle to defend the value of Meme in the hearts of crypto players. Meme allows people to see the wealth effect, provides more liquidity and more reasons for hype, and is easier to spread. It is natural that Ansem is the first one who can't stand it when all Meme categories are killed with one stick and publicly shorted.

As a KOL with great influence in the Memecoin community, Ansem’s firm attitude of defending the value of MemeCoin has aroused positive response from fans. Some fans even compared DONALT, which was shorting Meme, to the Citron Fund, which shorted GME stock in early 2021, and compared ANSEM, which maintained the value of Meme, to the legendary player Keith Gill, who called on retail investors to unite on GME stock to resist the shorting of big Wall Street capital.

DonAlt himself responded to Ansem’s “declaration of war” and the fierce counterattack of Meme players with a relaxed and cheerful attitude: “To be honest, I am not afraid of the criticism from your fans, but I am more worried about the small accidents that may occur in life.”

The debate paused

It seems that no one can convince anyone in this war of words, and it will not affect the generation of a large number of new Memes and the enthusiasm of degens every day.

After the direct confrontation between the two sides temporarily stopped, DonAlt and Ansem still insisted on their short/long positions on MemeCoin on their social accounts. DonAlt has been sharing his views on the bearish $WIF; Ansem firmly believes that there will be multiple MemeCoins with a market value of more than 10 billion US dollars in the market.

This is not the first long-short dispute about MemeCoin, and of course it will definitely not be the last. The core essence of people's debate may not be MemeCoin itself, but the spirit of freedom and more possibilities across classes behind it are the key points that attract people.

The rise and fall of currency prices is a market rule, so there is no need to be too obsessed with short-term price fluctuations. If you are optimistic, hold firmly, and if you are not optimistic, sell and go. This is how trading should be.

For the two parties at the center of this debate, although DonAlt and Ansem firmly stand on different positions, it does not affect their exchange of views in a relaxed and pleasant way. As for retail investors, of course they hope that Meme can rise, so standing on Ansem's side is more like a choice determined by the position.

After all, if even Meme is unable to recover, it may really mean the end of a round of encryption cycle.

Just like DonAlt and Ansem today, defending each other's positions means less cursing and more "LMAOOOOOO".

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