My take on the paper bagged wallstreet bull:
People are looking at the Wall Street Bull getting paper bagged and thinking it’s just another funny crypto stunt. I think they’re missing the bigger picture here, WIF showed us exactly how powerful this type of meme propagation can be.
In February 2024, the WIF community physically put the famous Wall Street Bull in a knitted hat. Videos went viral, the crypto community picked it up, and WIF went on to become a multi billion dollar memecoin.
Now look at what is happening with solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR . The community didn’t just make another “AI video or generated image” they took the defining symbol of the meme “the paper bag” and put it on one of the most recognizable financial monuments in the world.
That matters because once a meme leaves CT and starts appearing in the real world, the meme itself becomes the marketing. The paper bag is becoming ZCAT’s version of the WIF hat. You can put it on a cat, a person, a statue, a meme, a brand literally anything can be paper bagged…
That’s what makes a meme so powerful and easily recognizable, easily replicated and endlessly adaptable and the ZCAT community is doing a great job at doing so and also showing something else I really like:
We are actual bag workers not “community” in the usual sense where everyone just replies BUY BUY BUY under an X post or shill the CA like every other token, These people are willing to spend serious money and actually go outside to make the meme exist.
That is a completely different level of conviction. Then you add the ZEC narrative:
$ZCAT isn’t just a cat with a paper bag… It has created a connection to Zcash through its holder rewards, giving the meme an actual financial narrative behind it.
Now it has a recognizable community, a recognizable meme, a REAL WORLD community and a zcash:native narrative like you really can’t go wrong here and community is bag working in real life doesn’t that explain the real meaning of “BULLISH” to you anon? And also forgot to mention ton we might just go around paper bagging every monument and statues in different cities 🤷🏾♂️
That’s the kind of mentality, organic and culturally sticky behavior that makes me and other like minded traders extremely bullish.
I’m also quoting this particular tweet cause it explains exactly what the holders of
$ZCAT are… mentally handicapped holders that just refuse to sell even while their bags are up multiple X’s
The bag stays on.
The work doesn’t stop.
$10
for memecoins to reach escape velocity you need a group of early mentally handicapped holders who just will not sell