This wave of hype around Meme, to put it simply, is that the narrative runs ahead, while the chips and liquidity follow behind. The more everyone is talking about the same story, the more I pay attention to where to set my stop-loss: not based on how much I can endure, but on what happens if the narrative collapses. For example, when community sentiment shifts from "Can it make the hot list" to "Who will take over," I consider the narrative broken. I don’t argue with it; I just exit half first and then see.

Recently, before and after the upgrade/maintenance of that mainstream public chain, people in the group have been guessing whether the ecosystem will migrate. I see it as a similar mindset: treating uncertainty as a catalyst. My approach is more straightforward: small positions, strict stop-losses, preferring to earn less rather than get shaken out during the "rumor-expectation-implementation" phases. Anyway, Meme isn’t short of the next one, and patience when losing is the most expensive.