Recently, the crypto circle has been playing the 'Relay Race Game' again. The second phase of APEMARS's sale was sold out immediately after launch, sparking heated discussions in the market. Meanwhile, the two major meme coins DOGE and SHIB continue to perform steadily, indicating that the popularity of this track has not yet faded.

What is behind the rush to buy? A closer look reveals several interesting phenomena: investors are constantly looking for the next 'dark horse' project, hoping to capture opportunities from new coins; at the same time, the user base and market recognition accumulated by leading meme coins have not diminished. However, this explosive appearance also requires rational scrutiny—are these genuine investment demands, or are project teams creating a 'sense of hunger'? Many projects in history have relied on this tactic to attract retail investors to follow the trend.

Investors need to be cautious of several risk points: firstly, the true demand for new projects is difficult to discern; secondly, market enthusiasm often bursts like fireworks, and periods of high enthusiasm often signal an upcoming correction; thirdly, code audits and risk assessments for emerging projects are often lagging. From DOGE to SHIB to APEMARS, the phenomenon of meme coins taking turns to appear illustrates a fact—'buying coins is also buying faith' remains relevant in the crypto world, but diversifying risk is always the best strategy. Over-concentration in any single asset could pose potential threats.

The lifecycle of meme coins often heavily depends on community enthusiasm and market sentiment. Whether this round of APEMARS's hot sales can evolve into long-term value remains to be seen. For ordinary investors, understanding the project's fundamentals, assessing risk tolerance, and合理配置仓位 (reasonably allocating positions) are fundamental skills that never go out of style.