VIRGEN and NOTHING lead the Genesis meme coin craze, and the market self-purification fosters a healthy ecosystem.

Recently, some eye-catching new projects have emerged on the Genesis Launches platform. Among them, a meme coin called VIRGEN launched by a well-known AI Agent is particularly noteworthy. What makes this project special is that it is a well-known meme coin publicly issued by a reputable team.

Despite being a meme coin, VIRGEN has shown a friendly attitude towards the community in its issuance mechanism. In addition to the presale and liquidity portions, the project has allocated a significant proportion for ecological staking users and airdrops to some classic meme coin holders. It is also worth mentioning that this token has no lock-up period, which means that participants can trade immediately after the token goes live.

Many people speculated that the token might plummet immediately after its launch. However, the reality was unexpected. The token not only did not crash but continued to rise. The team also conducted additional airdrops for loyal presale participants and continued to buy back the token in the market. This series of actions quickly made VIRGEN one of the most representative meme coins in the ecosystem.

Following closely, another meme coin named NOTHING has also attracted attention. This project is not just a simple meme coin; it also gives the token real utility: by "permanently" locking the tokens, participants can continuously earn points from the platform's issuance. NOTHING has also successfully launched and conducted two additional airdrops, exceeding market expectations.

The success of these two projects is partly due to their generous mechanism design and partly thanks to the sincerity of the team behind them. However, such a successful model is difficult to replicate, and excellent teams are not commonly seen.

What followed was a series of projects with varying quality. Some were purely shells, lacking any creativity. The first of these projects, although successfully issued, saw its price plummet quickly after going live. The subsequent projects were directly ignored by the market.

This market response is reassuring. It indicates that participants are able to autonomously identify and reject low-quality projects, which helps to form a healthy ecosystem. It is hoped that this trend can continue, allowing the platform to develop a unique cultural atmosphere and establish strong competitive barriers.

In the future, the key lies in attracting and retaining high-quality participants who can take action to maintain ecological health. If this can be achieved, the platform is expected to stand out in a highly competitive market and become a unique presence.