On December 1st, a new player has entered the MemeFi track. Luxxcoin is about to conduct a token generation event, and this project aims to add "rules" to Meme coins - no longer just a pure speculative game, but instead introducing a real token incentive mechanism.

In simple terms, it combines the viral spread of Memes with the incentive model of DeFi. It sounds quite fresh, but whether it can run smoothly depends on whether the market buys into it. After all, in the realm of Meme coins, emotions often outweigh logic.

However, that being said, the concept of MemeFi is indeed trying to find a way out for Meme coins. Traditional Memes rely on community consensus and narrative hype, and now with the addition of a financial incentive layer, theoretically it can extend the project lifecycle. As for how effective it will be in practice, let's wait for the data to speak after the TGE.