Conversation with 0xWizard, the 'Meme Wizard': The Method to Capture 500 Billion Dollars in Future Meme

Interview: Arain, ChainCatcher

Guest: 0x Wizard

Organized by: Arain, ChainCatcher

0x Wizard is a crypto influencer on X with nearly 200,000 followers, known as the "Meme Wizard".

Meme can be said to be the main theme running through this bull market cycle, although some people still find it hard to admit emotionally.

"Bravely participate in the second wave of opportunities" is the mission of 0x Wizard. Based on the comprehensive recognition from the bottom-up market and contemplation of the underlying reasons, he believes that although the bull market has already begun, the on-chain Meme is just getting started.

"The future $1 billion Meme could produce another 500, but it may be difficult to see another $50 billion asset." 0x Wizard said in an interview with ChainCatcher. However, the primary and secondary gameplay of Meme are completely different. For some highly valued Meme projects about to enter the secondary market, he suggests observing before building positions.

In the interview, 0x Wizard also shared his methodology for capturing new tracks and judging new narratives, including the "Three Laws of Bull Market Engine" and the essence of the track. He discussed several popular AI memes and meme investment experiences at present.

The following is the interview content:

Products make me better at the new narrative track and semi-investment at level one.

ChainCatcher: What kind of work did you do before entering the cryptocurrency circle?

0x Wizard: I used to work as a product manager in an internet company, participating in the design of some B-end and C-end products. Later, I started my own business and made internet-related products. In 2017, I noticed that the emerging field of cryptocurrency began to show unique development trends, and some friends around me were discussing related topics. With my own interest and optimism about its development potential, I officially entered the currency circle.

Due to my past work experience, I am more skilled at judging new tracks, new narratives, and first-and-a-half level investments. I think the choice, inclination, and fundamental basis of doing Internet products are consistent. However, it is not about copying the previous product ideas into the coin circle investment, but there are many commonalities. For example, when making a product, you have to see if the user really needs it, rather than just thinking it's good subjectively, and you can't fall into the misconception of designing based on empty imagination from top to bottom. You have to see if the market approves. Investing in the coin circle is also the same. The key to judging whether a new track or a new project is established is to see the market's acceptance. Like the AI track, many targets with valuations of over 100 million US dollars have appeared in the first and second markets, which is the market's actual action to recognize it as a trend. So my investment will be more inclined to first understand and observe the real choices of the market.

ChainCatcher: Please share your most successful and most unsuccessful investments in the world of cryptocurrency.

0x Wizard: There are quite a few successful investment cases. When I first entered the circle, I played on-chain games and stable coins based on algorithms, and I had about 100 times the return in about a month. Later, I participated in projects like ORDI, with large capital investment yielding about ten times the return, and projects like ACT yielding close to a hundred times the return.

Major setbacks leave a deep impression. Therefore, I suggest everyone to avoid using leverage in the cryptocurrency market, whether it's contract leverage or regular leverage. Leverage has been a major source of setbacks for me. Sometimes, the greedy side of human nature emerges, or the unwillingness to accept profit retracement, always wanting to quickly recover losses, which prompts oneself to use leverage or engage in contract trading.

Every bend may be necessary for investors, and they have to experience it themselves. Only through this process of ups and downs can they truly understand what should and should not be done in investments.

ChainCatcher: What is your main criterion for judging whether some tracks may be false propositions?

0x Wizard: On the one hand, it is crucial to look at the market's recognition from the bottom up. As I mentioned before, it is not just a subjective imagination of a good track, but also the real market reaction. For example, in the AI track, there have been many related targets with valuations of over 100 million US dollars in both primary and secondary markets. This is a solid market recognition of it being a trend, so it is probably a track worth paying attention to.

On the other hand, we also need to think about some of the most fundamental reasons behind the track. For example, what is the fundamental thing that the currency circle is doing, and which elements are the most successful at its core. From these perspectives, we can measure whether a track can work. Taking the assets of the currency circle as an example, I have summarized several judgments as the "axioms," summarizing them as the "three laws of the bull market engine."

"Old technology, new gameplay": The old saying goes, "a long slope and thick snow", to see if this technology has enough accumulation, like the on-chain assets actually rely on the advantages precipitated by previous DeFi and other basic infrastructure, there is a foundation for development;

"New Track, New Hope": If it is a completely new concept, the market's imagination of its valuation ceiling will be greater, just like the previous metaverse concept. Even if the product may not meet the standards of the traditional Internet, it can still achieve a high market value during a bull market because it proposes new trends and hopes. For example, during the bull market in 2020-2021, projects like SAND had poor products but saw a significant increase in market value due to new trends and hopes.

"Batch generating new assets": Individual profitable assets are not powerful enough. Only when many related assets can generate profits, will it create strong attraction. For example, different projects on the blockchain can make investors profitable, which will attract more people to participate.

Comprehensive market recognition from bottom to top and thinking about the root causes, it's not easy to go wrong in judging the track, even if there are occasional setbacks, they are temporary situations on small branches, which do not affect the judgment of the overall trend of the track.

**ChainCatcher: You just mentioned "the most essential reasons", do these most essential reasons all point to the same place?

**0x Wizard：**The answer to this question lies in what exactly 'cryptocurrencies' are doing. I think it is mainly doing the following things, because it is 'ten times better' at these things - Silicon Valley has a start-up methodology, when something is done ten times better than others, there is a reason for everyone to adopt it, then it can achieve a great success.

The first is asset issuance. In traditional industries, asset issuance faces many legal, compliance, and process issues, with great difficulty. For example, in the domestic market, asset-related transactions are easy to involve illegal areas. Even with the New Third Board, Nasdaq, etc., transforming enterprises into assets is very difficult. In the coin circle, asset issuance is extremely convenient, far exceeding the traditional industry in speed. Various strange things can quickly be transformed into assets. Although there may be a large number of junk assets, this rapid asset issuance capability brings the inherent activity of the coin circle, from IC0 to defi, inscriptions, on-chain assets, etc., all are manifestations of asset issuance.

The second is regulatory arbitrage. I remember a very interesting project, which is a Web3 project in Nigeria. Nigerians in the United States buy shopping cards through Crypto and send them back to their families in the country. Although the intermediary fees are as high as 10-20 points, they are still willing to do so because Crypto provides a way for regulatory arbitrage, bypassing the foreign exchange controls of the Nigerian authorities.

The third is dominated by speculative demand. Speculation is an important part of the native demand in the currency circle. Similar to the stock industry, speculation is a neutral term in the currency circle. The currency circle has formed a 24-hour global gambling arena, where people continue to engage in speculative trading, such as trading dog coins, leveraged speculation (R), and operations based on Ethereum's POS, all of which serve speculation. During the last bull market, DeFi's TVL and transaction fees grew rapidly, but declined in the bear market. This indicates that DeFi's real situation in the currency circle revolves more around speculative demand than changing the world and moving traditional financial assets onto the chain as previously expected. The business model established in the currency circle has a huge zero-sum game income scale (such as the income of BI approaching the BN level), which also indicates the dominant position of speculation in the currency circle.

In the future, there may be 500 billion-dollar Meme to focus on AI Meme

ChainCatcher: You mentioned earlier that Meme has become the new main theme of this round of bull market. What are your expectations for the primary and secondary markets respectively?

0x Wizard: From the perspective of the secondary market, the Meme market will definitely have peaks and valleys, basically following the overall market trend. It is actually very difficult to accurately predict the specific rise and fall situation. I have also made a lot of prediction errors before, such as originally thinking that Meme should pull up first, but in fact, like XRP and other tokens, the pulling up situation usually appears at the end of the market cycle. However, this time it started pulling up in the first wave after Trump was elected.

However, it can be determined that it will definitely rise, and then it is likely to fall, and the decline may reach 80% or even 90%, which is a common situation. During the rise, the market value of some Meme coins may reach tens of billions of dollars, or even hundreds of billions of dollars.

From the perspective of the primary market, I think the Meme market is not about bull or bear, it will always exist. Even before the bull market, we can continuously see meme projects with market values of several hundred million or even billion US dollars. Although it has its own small cycle, it will not have an obvious bull and bear market cycle like the overall market, but it may behave more crazy during the bull market. In the future, there may be 500 meme projects with market values of over a billion US dollars, even if the market value of a single project is not particularly high, it may be in the tens of billions or hundreds of billions of US dollars. From the perspective of on-chain carrying capacity, it is very likely that meme projects with market values between one billion and twenty billion US dollars will appear, and such situations have already occurred on different chains, such as Solana, Base, etc.

Due to the limited market value space of on-chain Meme, if its price is relatively high before listing, it is recommended to wait for it to circulate to the secondary market, and then buy after the price adjusts, because the secondary valuation space is larger, and the high valuation of the primary market may be difficult to support subsequent increases due to insufficient liquidity.

ChainCatcher: Why have you been promoting AI Meme all along?

0x Wizard: First of all, cryptocurrency investment relies on imagination. In the past, assets hyped in the cryptocurrency circle all required sufficient imagination. Like the previous DeFi, the narrative is about the traditional financial revolution, as well as the concepts of NFT and the metaverse, claiming that in the future, everyone will live in a virtual world. These stories are particularly imaginative. But now, most people have a clear understanding of NFTs, and even Facebook itself has not fully realized the metaverse concept. If DeFi is to be implemented, practical data must be produced. At present, I think AI is the most imaginative in the cryptocurrency circle, and it's hard to find anything else as attractive as that.

Next, AI has real value. Just like DeFi has actual transactions, TVL (Total Value Locked) data reflects its value, AI is the same. Some AI agent projects are already generating income, such as Virtuals; many AI projects are being widely used, like ai16z; some AI projects already have considerable traffic, like ACT, GOAT and other Meme projects. Some AI agents even serve as knowledge aggregators, surpassing many manual efforts in integrating corpora to serve everyone - this is actually a productivity-level improvement, not just empty talk, it can be seen in reality, making changes and bringing improvements to cryptocurrency.

Therefore, AI has both imagination and practicality in the coin circle, and the part that has landed can further drive more applications to land. Based on this, I believe that AI is the biggest trend in the cryptocurrency industry in 2025, without doubt, and other trends are not in the same league.

ChainCatcher: You've mentioned the ecosystem of the ACT project several times. Could you share your unique understanding of it?

0x Wizard: ACT has a unique ecological position. It is a meme that appeared at a specific time period, representing the tokenization of the idea of ​​AI's future. It promotes things like providing support for some AI agents, allowing them to try and innovate more, and bringing them together to create platforms like ACT swap. This allows everyone to interact with them in a tokenized way through prompt commands on one interface. The entire process is a very interesting presentation of the integration of AI, Crypto, and social media, and is a very imaginative manifestation of the future development of AI in this area.

Moreover, ACT is currently the only project in the AI Meme that has been listed on a large centralized exchange, so its advantages are quite obvious. Even if future AI Meme projects such as GOAT, AI16Z, Virtuals, and others are listed on secondary exchanges, I still think that ACT will remain one of the most important targets. After all, in this circle, everyone develops together, gains market recognition together, and obtains more liquidity together, so that overall performance will be better, just like the saying goes, 'A solitary traveler is fast, but a group of travelers goes far.' So, all in all, ACT holds a unique position and importance in the AI Meme field.

ChainCatcher: Apart from ACT, do you have any other projects in the AI Meme track that you are particularly optimistic about and can share?

0x Wizard: GOAT, as a project that brought heat to this track in the early days, has formed a certain consensus, and it is still quite recognized by everyone. There are also projects like ai16z and Virtuals that do platform work, and a large number of AI agents use them for production and other operations, which is also worth paying attention to.

The advantage of platform projects lies in network effects. Once they have achieved scale and influence, it becomes difficult for others to challenge them. In contrast, other pure AI agent projects face more intense competition, have a faster iteration speed, and a relatively lower moat.

So if you want to make a more secure investment, platforms like ACT, GOAT, and ai16z, Virtuals would be good options to consider.

The difference between the first and second level of meme is huge, and ordinary investors are not suitable for hot spots.

ChainCatcher: What are the specific differences in the strategies to be adopted when investing in Meme in the primary and secondary markets? Can you share your methodology?

0x Wizard: In the primary market, investing in Meme depends on the market value. It is necessary to judge based on experience at what market value level it is suitable to participate, and at what stage it is appropriate to participate. For example, when the market value of certain value targets drops from over 100 million to between 25 million and 30 million, with a drop of about 80%, if it meets personal investment expectations and the "strike zone", it can be considered to buy a small amount of position. The process of chip accumulation in the primary market targets is relatively fast, possibly only taking a few days or a week. As long as the smart money does not sell, there is a possibility of subsequent rally, and it will cooperate with narratives, community heat recovery, and other situations for secondary rally operations. Even if there is a drop after the rally, it may start again later.

In the secondary market, it is necessary to comply with the logic of chips. Investors need to learn the gameplay of the secondary market, such as Wyckoff theory and other technical analysis methods. It is not necessary to be proficient, but one cannot be ignorant. Otherwise, it is easy to panic due to price fluctuations and cannot understand the reasons behind them. In the secondary market, there is a process of chip collection, namely the accumulation stage, which is completed before entering the distribution process of the plate.

In addition, the secondary market pays great attention to the speculation of new assets and concepts. Taking the AI track as an example, after a large number of AI agent projects emerge, targets like ACT, considering various factors, are highly likely to experience a violent upswing in the secondary market. Compared with projects approaching a market value of nearly one billion U.S. dollars, such as Virtuals and ai16z, their capacity to attract funds in the primary market is limited, so the potential for them to continue to double in the secondary market is relatively small. Therefore, it is necessary to comprehensively consider these factors to understand and grasp the investment logic of the secondary market.

**ChainCatcher: You mentioned that investors should learn to differentiate between potential targets and hot spots. So, what indicators can help us distinguish between the two?

**0x Wizard：**I think it can be judged from the following aspects.

First of all, there is the narrative and community status of the target itself. In terms of narrative, for example, some AI-related projects have innovative AI encryption interactive models or represent unique trends, which are more outstanding in such narratives. In terms of community, it is necessary to pay attention to whether there are loyal fans who continue to contribute when the price falls, carry out secondary creation daily, and maintain activity on various platforms. At the same time, the community should not be limited to Chinese or English communities, and both Chinese and English communities should have heat. Only in this way can the upper limit of its subsequent development be higher. The narrative and community can be regarded as one of the basic factors for judgment.

Next is the funding situation. Attention should be paid to the chip situation to judge whether the market maker has already made a profit and left, and transferred the chips to the big players. Some chip analysis methods can be used, such as checking whether the front row is all big players who are losing money. If so, the target may be difficult to rise again. If the market maker still holds a large number of unmoved chips, it indicates that there is still the motivation to continue collecting chips and carrying out secondary lifting operations. By integrating the trends mentioned earlier, the community situation, and the funding and chip situations mentioned later, you can roughly judge whether a target is a potential one.

Overall, hot plate is more suitable for professional players in the on-chain game, who have the energy to participate early and can enter the market with tens of thousands or even hundreds of thousands of US dollars and profit from selling out after rising to a certain extent, just like the "P young players". They are good at participating in the first wave of market from internal plate to the initial heat. However, for most ordinary investors, it is recommended to pay more attention to and participate in potential targets. Of course, this needs to be judged comprehensively according to their own actual situation.

ChainCatcher: In the process of investing in the cryptocurrency market, you must need to grasp a large amount of information to assist in decision-making. Can you share some useful sources of information?

**0x Wizard：**The sources of information I often use are quite diverse. First, there are data websites similar to GMGN, which release daily popular rankings, covering various Meme and other related content. I suggest checking at least twice a day, recording newly emerging targets, observing their subsequent price movements and changes in chip structure, and then combining their trends and community situation to comprehensively judge whether to participate in investment, which is crucial.

Next are some tools, some of which can push hot BOTs, and some recommend dozens of relevant information daily. Of course, users need to have the energy to filter and view on Telegram.

Another important source is the forwarding group, such as the Alpha group in China, where you can learn about the topics and discussions that people are interested in. Twitter is also crucial, follow those who frequently share insights and participate in various projects in the cryptocurrency industry, but you need to filter and select the tweets from reliable and valuable sources. In addition, you can form your own small community to communicate and discuss with like-minded and knowledgeable individuals, as the saying goes, 'Many hands make light work', this can accelerate the speed of information acquisition. In summary, by utilizing these channels comprehensively, you won't encounter a situation of information shortage.

ChainCatcher: How does it filter and assist investment decisions in the face of massive information?

0x Wizard: This is indeed a key issue. After having more information, filtering becomes very important. First, you have to combine your own investment goals, risk tolerance, and other personal situations to judge. For example, some information may look very attractive, but if the corresponding investment risk exceeds your own tolerance range, then you have to consider it carefully.

From the perspective of the obtained target information, as I mentioned earlier, it is necessary to analyze whether its narrative is innovative, whether it has development potential, whether the community is active and cohesive, and whether both the Chinese and English communities should be taken into account. Additionally, the financial situation and chip distribution should be considered. Blindly following others' positive comments is not enough; one must have their own judgment and logic.

When actually using it, be sure to understand that investment is risky. Even if you have done a lot of information collection and analysis in the early stage, mistakes may occur. I suggest that when you first start investing, you can use a small amount of funds to try, as if you are paying tuition fees to accumulate experience. When you are familiar and confident, gradually adjust your investment strategy. At the same time, you should clarify your investment style, know which types of investments you are suitable for participating in. For example, hot spots are suitable for the professional and energetic 'P juniors' who participate in early PVP games in the Meme early stage (referring to players who played PVP early in the Meme early stage, when the market value was very low and the internal market had just been launched), they can profit in the first wave of the market, but ordinary investors may be more suitable for focusing on potential targets. However, the final decision should still be based on your actual situation.