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Starting from October, a fascinating turning point has emerged in the on-chain meme coin market—Chinese tickers have begun to appear in large numbers. This marks an important stage in the evolution of the meme ecosystem.
Previously, even if project teams wanted to create narratives for the Chinese-speaking market, tickers would be replaced with pinyin or English. Moutai for 茅台, Nailong for 奶龙, everyone was going in circles. Now, it's different—using Chinese characters directly as tickers. What does this reflect? The user base has changed, acceptance has increased, and the overall maturity of the market has evolved.
The evolution of meme coin naming conventions is actually a microcosm of the ecosystem's development. From avoiding Chinese to embracing Chinese, this shift is not simple; it indicates that on-chain communities now have enough discourse power and market size to drive such changes. This turning point may be remembered—because it breaks through a certain invisible ceiling.