Recently, I saw discussions in the community about the investment logic of Meme coins, which indeed sparked quite a few topics. Industry insiders point out that a truly established Meme coin project must possess two qualities—"historical accumulation" and "cultural story"—this is not just about being interesting, but about standing the test of time, backed by genuine community consensus.

But here’s a reality we must face: very few Meme coin projects that can survive and have long-term value. According to data, the failure rate in this sector exceeds 90%, and this is not an alarmist statement. Many projects seem grand in scale, but ultimately, they cannot escape the fate of zero value.

For investors, whether entering early or following the trend later, there are varying degrees of risk. The key is to understand—every investment decision is the result of independent research, and ultimately, you are responsible for your choices. No one can bear the losses for you. So before investing in projects like DOGE, PEPE, ask yourself three questions: What is its story? How deep is the community consensus? Can you tolerate 100% loss? Think it through, and then act—it's never too late.