When foreigners start learning Chinese Cryptocurrency Trading
If you haven't heard of "that word" in the past two weeks, you really can't be considered to be in Cryptocurrency Trading.
It's just a Ticker, how did it cause such a big stir? Even CZ himself didn't expect that a casual reply could stir up such big waves.
First, the CEO of a certain exchange jumped out to discuss it, then Tron and Solana also started to arrange Chinese tickers. A few days ago, a certain project party publicly disclosed the so-called "listing terms," and the two chains plus the trading platform directly started a feud. Finally, a statement from the head of a certain chain saying "to start that model here" brought the farce to an end.
But what this represents is definitely not just as simple as a token name.
The Confusion of Polish Traders
I know a Polish guy named Barry who runs a European trading community with hundreds of members.
He told me that the first time he saw a certain Chinese labeled coin surge to a market value of 20 million USD,

Recently, the $PING and $PAYAI projects have caused a stir in the community.
It's one thing if the coin price doesn't rise, but one MEME coin insists on launching a Launchpad platform, while another utility token suddenly wants to migrate to a different pool—does this operation look like they're about to run away? To be honest, in this market, no one can be sure. But when I calm down, I realize this isn't so simple.
Why bother? To put it bluntly, it's because we can't go on living.
What do you think is the most critical issue with MEME coins? They lack sustainable revenue generation ability. They rely entirely on community consensus and hype, and once the excitement fades, they cool down completely. $PING is in this predicament—no matter how appealing the narrative of the x402 track is, the pure MEME attribute cannot be sustained for long.
Looking at the $PAYAI Facilitator tool project from the opposite perspective? The technical threshold is not high, and the ceiling is low, no matter how well it's done, it won't be much. Where does the confidence come from? The actions of these two are actually now.

A leading platform has opened contracts for $Binance Life, which is quite uplifting for the market. Our group of "gamblers" (as the old stock market guys next door say) engaged in meme research is also feeling more confident. The meme craze on BNB Chain hasn't cooled down yet, and those diamond hands who steadfastly held on have finally seen their rewards.
There are many projects in the crypto space, especially in the meme category, that indeed do not have the rigorous financial reports and PE analysis of traditional companies. But to say that this is purely a gamble? That would be underestimating this industry.
Those who really put in the effort to do research can have a win rate that far surpasses those who rely purely on luck.
You need to stand at the forefront, understand what retail investors at home and abroad are thinking, what conflicts exist between major exchanges, why a meme can go viral, and whether it can resonate—once you do this homework thoroughly, your chances of winning will naturally increase. In investment research, as long as the data can prove that the investment success rate of researched methods is higher, it means that this approach is feasible.

From community jokes to a real-money battlefield—the path of Meme coins is more aggressive than anyone else. In 2024, capital surged by 500%, and by early 2025, speculative funds flooded from mainstream coins into various animals, frogs, and politician avatars.
What you might not expect is that in 2025, the US SEC officially labeled many Meme coins as "collectibles" rather than "securities." What does this mean? Less regulatory protection and a greater degree of risk for players bearing the full consequences.
How a single token can surge to 27 billion USD in 24 hours
On January 17, 2025, $TRUMP suddenly appeared. In less than a day, its market cap skyrocketed to 27 billion USD—this number made many established projects look modest. What followed? Over 700 Trump-themed clones emerged within a few weeks, 192 of which directly used members of the Trump family’s names, and 67 even dared to claim they were "official."

The main battleground for Meme coins is quietly shifting
If you've been paying attention to on-chain data recently, you'll notice an interesting phenomenon: the longstanding Meme projects on Ethereum are still maintaining their popularity through nostalgia, Solana, under the halo of high TPS, has fallen into a "casino dilemma," while BSC, once mocked as a "shanzhai paradise," is proving with solid data that sometimes, being down-to-earth is more effective than being flashy.
Current landscape: Three-way stalemate, each with its own issues
Let's start with Ethereum. As the big brother of smart contracts, its Meme ecosystem indeed has depth: strong community cohesion and mature financial narratives. The upcoming Pectra upgrade in 2025 and the push for spot ETFs have brought a wave of renewed interest, but there are obvious problems—gas fees are so high they hurt, Layer

Meme coins are a type of digital currency that combines speculation, community culture, and financial tools. Their value fluctuations are driven by audience sentiment, similar to lottery tickets and casino chips. They break through traditional financial frameworks to become cultural symbols and social tools, reflecting emerging models of value creation. At the same time, Meme coins carry significant risk factors and share similarities with historical speculative bubbles.

Recently, Solana introduced a new name "Sola La" in the Chinese community, marking the importance of brand localization. As Chinese users' influence in the crypto market increases, investors who do not understand Chinese are becoming increasingly anxious. Therefore, many foreign players are starting to learn Chinese to understand the increasingly popular Chinese memes. This move by Solana is not only a market strategy but also a sign of respect for Chinese culture, reflecting its determination to integrate into diverse cultures. In the new crypto cycle, understanding and embracing local cultures will become key to success.

When Polish traders encounter Chinese conspiracy coins
"The first time I saw a Chinese-marked coin surge to a $20 million market cap, I was completely stunned," recalls Polish trader Barry. His voice still carries shock. "By the time it skyrocketed to $60 million and broke $100 million, our European group was already buzzing — a bunch of people were frantically pouring money into the BSC chain, not even knowing what was happening, just watching the prices go up."
Barry is a co-founder of WOK Labs, managing a multinational community of hundreds of members. He might be one of the few Western players who could understand this wave of Chinese Meme coins early on.
On-chain data doesn't lie. On October 8th, BSC's trading volume surged to $6.05 billion — a figure reminiscent of the 2021 meme coin frenzy. The difference this time is that the leaders are all Chinese Meme coins. Over 100,000 new players flooded in on that day, nearly 70

The most lively event in the crypto world over the past two weeks was probably that hilarious and crazy Chinese token ticker.
Honestly, as an observer who has been involved in the crypto space for many years, this is the first time I've seen a Chinese ticker cause such a huge stir. From a casual mention by a big shot to the chain reaction it triggered—other exchange CEOs discussing it, the Chinese ticker craze on two major public chains, project teams publicly debating the so-called listing criteria leading to a fierce battle... the whole process was like watching an absurd comedy.
But what's behind this is much deeper than the surface excitement.
Foreigners are confused: How can a Chinese token they don't understand go crazy in price?
I know a Polish trader named Barry, who is a co-founder of WOK Labs and runs a European trading community with hundreds of members. Not long ago, during a chat, he told me something quite interesting.

Recently, $PING and $PAYAI's market movements have sparked heated discussions. $PING enhances sustainability through the Launchpad, while $PAYAI transitions from tools to the protocol layer, striving to enhance ecological value. However, the market lacks consensus in the short term, and investors need to patiently wait for the potential value of both to be revealed.

A code that had been dormant for nearly thirty years suddenly came to life.
In 1997, a status code was reserved in the HTTP protocol: 402.
It means "Payment Required" — payment is needed. But at that time, no one knew how to make it work. There were no suitable payment methods, no low-cost settlement channels, and even fewer real scenarios that required micropayments. So this code has been kept in obscurity for almost thirty years.
The situation has changed now. Stablecoins have matured, Layer 2 has reduced on-chain transaction costs to a negligible level, and more importantly — AI Agents have emerged, and they really need to pay for themselves.
A leading platform seized this opportunity and launched the x402 protocol around HTTP 402: allowing AI or users to access paid content without registration, without jumping pages, and directly completing on-chain payments. It sounds like a small feature, but the implications behind it are vast.

The BSC chain has recently become a "sanctuary for cultivation," with meme culture shifting towards the cultivation theme, creating new terms such as "spiritual root." Low Gas fees and an active community encourage users to give it a try, leading to rapid dissemination of project popularity. Cultivation memes are not just joke coins; they have formed a complete "cultivation universe." Participants need to focus on the cultural core, actively join the community, and withstand the challenges brought by price fluctuations, marking the beginning of a new era for BSC.

One deep night in early October, I stared blankly at the string of numbers on the screen—$6.05 billion, all flowing into Meme coins on the BNB chain in a single day. This is not a bull run celebration; this is a premeditated cultural experiment.
A joke ignited the powder keg.
The starting point of the matter is absurd like a joke. On October 4th, He Yi casually replied to a post: "Wish you own a car from a certain exchange, live in a community of a certain exchange, and enjoy a life from a certain exchange."
Just this one sentence. No official announcement, no roadmap, and it might have just been said offhand. But the reaction speed of the Chinese community is shockingly fast—within a few hours, the token "某交易所人生" was already on-chain.
I have seen too many coins chasing the hype, but this time it's different. The community holds a clear map: first, warm up and create momentum, wait for the founder to interact, then be listed on the Alpha platform, followed by the contract going live, and finally landing on spot. This path is not an illusion.

During this long holiday, while the A-shares are closed and retail investors are crowded in tourist spots, the encryption circle is putting on another grand show.
In the ecosystem of a leading exchange, several Meme coins that you might have never heard of have seen their market value multiply by dozens in just a few days. Meme4, PALU, and some "life coins"—the names sound like a joke, but there are indeed people who have made over a million dollars on paper from these things. The Chinese community is buzzing, and those influencers on Twitter are as excited as if they had discovered a gold mine.
Good times do not last long. Starting from October 9th, these coins began to plummet.
Some plummeted by 95% in a single day. More than 100,000 trading accounts were forcibly liquidated, with a total of $621 million evaporated. The fairy tale of overnight wealth instantly turned into a nightmare for retail investors.
I've seen scenes like this on Wall Street and Lujiazui.
Do you remember GameStop?
In 2021, retail investors on Reddit

The BSC chain is undergoing a transformation of the Meme trend, shifting from a public chain for the masses to a world of cultivation. Low Gas fees and strong community drive have facilitated the rapid development of Meme coins, with players transforming into cultivators and tokens becoming their spiritual roots. The cultivation-style Meme is not just a funny coin; it has formed a "Cultivation Universe," with each token representing a different realm. In this new era of BSC, wealth and enlightenment coexist, and the blockchain becomes a carrier of faith.

The BSC chain is undergoing a transformation in Meme culture, with themes covering cultivation and spiritual pets, where low barriers to entry and high liquidity promote its development. Participants have become not only speculators but also cultivators, as Meme gradually evolves into a complete cultivation system. BSC is forming a unique cultural ecosystem, and participants should follow the project's connotations, engage in community interactions, understand market fluctuations, and establish a brand new blockchain culture and spiritual support.

This article analyzes the main trends and investment opportunities in the Web3 field, focusing mainly on stablecoins, RWA, AI Agents, Meme projects, and prediction markets. The stablecoin market has huge expansion potential, and it is recommended to follow projects such as CRCL, Plasma, ENA, and Ondo. Although the AI Agent field has its hype, Bittensor shows potential. Meme projects remain hot, with Pump performing outstandingly. Prediction markets have the potential to disrupt the traditional insurance industry, with projects like Polymarket worth following. Overall, the suggestion is to focus on projects with revenue and profit, such as $Hype and $Pump.

Bonk, after experiencing two reversals, is once again welcoming development opportunities. With the team emphasizing "making memes great again" and launching incentive activities, Bonk is expected to regain popularity. Its success relies on community support and the enthusiasm of creators, and it may achieve a third reversal in the future.

This article analyzes the main trends and projects in the Web3 field, including stablecoins and the tokenization of physical assets, AI Agents, Meme coins, and prediction markets. It predicts several potential investment projects such as CRCL, PlasmaFDN, and Bittensor, emphasizing the importance of accurate revenue and token buyback. It also points out that the stablecoin field may form a duopoly centered around Plasma and Tempo in the future.

The upcoming stablecoin USD1 from World Liberty Financial has sparked widespread discussion, with its governance token WLFI set to be issued on September 1, 2025. WLFI is uniquely designed to be linked to actual cash flows but has also faced criticism regarding its feasibility. Despite the support of institutional investors and potential market impacts, long-term risks remain, and investors should assess carefully.