To put it more clearly, it seems like memecoins are transitioning into utility-based projects through their setup. We’ve seen examples like Goat, Ai16Z, and Cerebro attempting this, but it seems HIVE has taken things to a whole new level. With DeFi utilities and AI integration, it’s even set to be part of the Solana hackathon.
The industry is always evolving, so the memes should too; they cannot rely on Musk's support of memes forever. For new memes to get adopted, they should be usecase and not rely on narratives and shilling, not only usecase but usecase where the community can benefit.
Its time for the memes to be competitive; there are new concepts coming in, and its possible there's a new concept that could shun memes.