Dubai Chocolate and MemeCoins share the same DNA regarding hype, exclusivity, and the massive FOMO factor. Both thrive on the internet's ability to turn something niche into the must-have trend of the moment.
Whether you are lining up for an overpriced pistachio knafeh chocolate bar or putting your hard-earned Bitcoin into a token named after a dog or a frog, in the end, it is all about one thing: riding the wave.
Dubai Chocolate: A Bit of Splurge
Dubai Chocolate does not just sell chocolate. What it sells is some kind of status. It is shrouded in scarcity, with limited daily production and a hefty $20 price tag or even more if you are desperate enough to hit the reseller market. People are not just buying a chocolate bar. What they are buying is the influence that comes with saying, "Hey, I got it before it sold out!" It is like showing off a designer bag, only edible.
The exclusivity and viral marketing to TikTok victims do all the work. It is not about taste or value, it is about being part of the club of people who got their hands on it. In the MemeCoin world, you will find the same logic: If something is trending, it must be valuable.
MemeCoins: The Candy Bars of Cryptocurrencies
Now think about MemeCoins like Doge, Pepe, or Shiba Inu. These tokens do not promise you any life-changing utility, but what they offer you is some kind of sentiment. They ride on meme culture, a dash of FOMO, and the hope that Elon Musk or some other random billionaire will tweet about them and send the value "to the moon." It is not about fundamentals, it is about catching the trend before it fizzles out.
Just like Dubai Chocolate, scarcity is king. MemeCoins promise limited supplies and pump schedules, luring in those who can not wait to get in on the action. But in both cases, you are basically betting that the trend will last long enough for you to make your move.
My Final Conclusion
I believe that both Dubai Chocolate and MemeCoins are prime examples of how social media culture merges hype with value. People do not buy these things for what they are. They buy them for what they represent which is being part of a viral moment.
While I fully respect the buzz and creativity behind these trends, I would rather invest my money in something that will last. Chasing the hype on TokTok and Twitter is fun for degen traders, but for me, it is not worth the effort when the hype dies down. Why invest in a trend when you can build something timeless, something useful? Just my two satoshis.
Thank you for reading! If you enjoy this type of content, follow me on Publish0x for more and if you like, you can also follow me on X/Twitter and Medium.
You may also like: The Binance Labs Investment Observer - TOP 5 Binance Labs Portfolio Coins & Tokens