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The Meme coin game has long been distorted.
Yesterday, a tweet with a specific symbol on a certain public chain ignited the market in an instant. Within minutes, a Meme coin with the same name surged to a market cap of 200,000. It seemed like a godsend opportunity, but in reality? 22 wash trading accounts were already lying in wait, and 314 wallets used MEV scripts to get ahead. The hot trend you are chasing, they have already set up a scam.
The tweet was deleted in seconds, and the coin price directly plummeted to 13,000. Some have warned not to look for opportunities on the official account, yet the market still pounces on every piece of information like a hungry wolf.
The current hype around Meme coins is essentially a war between robots and scripts. The reaction speed of ordinary investors, to put it bluntly, is like being fed bait.
But the problem is that Meme coins shouldn't be played like this. A truly long-lasting and vibrant Meme isn't just about launching a coin with a celebrity's avatar; it's based on community consensus and has real cultural connotations. It can grow organically and represent a certain spiritual phenomenon, rather than being just a pure speculative tool.
In the cryptocurrency space, there are very few Memes that can truly withstand cycles and continue to build. For example, the projects on the ETH chain that have stories, communities, and are constantly iterating - these are the ones that may evolve into legends. Currently, the fourth wave of the market is brewing, and only these assets with true cultural sediment have the potential for long-term growth.
Don't scramble for those tiny profits amidst the gunfire. Calm down and look for assets that are truly supported by the community and have cultural depth, and then wait for the wind to come.