The rise of VIRGEN and NOTHING meme coins on the Virtual platform.

Recently, a striking phenomenon has emerged on the Virtual platform. A well-known AI Agent team has publicly issued a meme coin called VIRGEN, breaking the conventions of previous projects on the platform.

VIRGEN demonstrates a friendly attitude towards the community in its issuance mechanism. In addition to presales and liquidity distribution, a considerable portion of the tokens is allocated for airdrops to ecological staking users and classic meme coin holders. Another feature is that there is no lock-up period, which means participants can profit immediately after the launch.

Despite concerns about a crash, VIRGEN has continued to rise after its launch. The team has not only fulfilled its promised airdrop but also provided additional airdrops to pre-sale participants who did not sell, and has been actively buying back tokens in the market. These actions have quickly made VIRGEN the number one meme coin on the platform.

Following closely, another meme coin called NOTHING emerged. It is not just a simple meme coin; it also offers a unique feature: to "permanently" lock the tokens, allowing stakers to continuously earn points from participating in the platform's issuance. NOTHING also successfully launched and conducted two additional airdrops.

The success of these two meme coins stems, on one hand, from their generous mechanism design, and on the other hand, from the sincere efforts of the team behind them, which is a clear distinction from most meme coins that prioritize profit.

However, such a successful model is difficult to replicate, and it is also hard to find similar excellent teams. Permissionless issuance platforms may attract a mix of quality projects, potentially disrupting the ecological atmosphere.

To avoid the platform becoming another pump.fun, the best solution is to continue maintaining a permissionless issuance mechanism, while allowing the market to naturally eliminate inferior projects. This relies on the conscious behavior of high-quality participants to exclude poor projects, thereby forming a unique cultural atmosphere and strong competitive barriers.

It turns out that the market has indeed begun to take effect. After VIRGEN and NOTHING, several lackluster shell meme coin projects emerged one after another. Although the first one was successfully issued, its price plummeted after going online; the subsequent ones were completely abandoned by the market.

This self-purification phenomenon in the market is reassuring. I hope this positive atmosphere and mechanism can continue, making Virtual a high-quality platform that is completely different from pump.fun.