How do you view the recent discussion on $M3M3?

Question

Several details to know about $M3M3### 1.$M3M3 is what?Meteora borrows Ve's (3,3) mechanism from DEX to create a (3,3) mechanism for launching MEME coins: MEME (3,3)That is, the top 1000 MeMe stakers can receive the fee income captured by the MeMe LP.Meteora has developed a meme coin launch platform based on the MEME (3,3) mechanism: M3M3The Meteora community, inspired by MEME (3, 3), has launched the first Meme coin $M3M3 on the M3M3 platform.So, $M3M3 theoretically has no direct relationship with Meteora, but those who understand, understand, the market will $M3M3 to Jupiter's $WEN and HyperLiquid's $PURR.### Why does Meteora want to issue $M3M3?Observing the latest status of the DEX track in the Solana ecosystem, Meteora's market position is as follows:--volume market share accounts for 7.4%, ranking fourth after Raydium, Lifinity, and Orca--Liquidity market share accounts for 9.2%, ranking third after Raydium and ORCA.--RNX Token ranks third in terms of issuance, following Solana and RaydiumFrom above, it can be seen that Meteora has certain advantages in Liquidity and the launch of the New Token, but there is a shortcoming in volume.The launch of the M3M3 launch platform can not only consolidate Meteora's product advantages in LP and new tokens, but also stimulate the rise in platform volume, which is an excellent strategy to kill two birds with one stone.### 3. How to view $M3M3?First, the attribute of $M3M3 is memes, not the platform currency of M3M3.Secondly, it is obvious that $M3M3 is a non-typical memes coin. Its valuation method is not mainly based on attention economy and market sentiment Flow, but mainly considers its APR and potential Airdrop return rate.Based on my recent on-chain MeMe coin PVP experience, I'm not particularly optimistic about the new MeMe coin launch paradigm like M3M3.What really makes memes attractive is the addictive mechanism of instant feedback (rapid doubling or diving), high volatility (fluctuation range often between -90% and +10000% within a day), and uncertain return rates.This is a celebration of the wine god, and calculating APR and potential Airdrop return rates is too rational, belonging to the culture of the sun god, which is incompatible with the MeMe coin market environment.Summary: Treat $M3M3 as a tool for fun, not as a serious MEME coin.