In the past few days, those coins on the chain that rely on memes and jokes to gain popularity have completely staged a "free fall." Some coins have been cut in half, and others have lost 60% of their market value. Yesterday, the group was still shouting "takeoff," but today it's eerily quiet.

Honestly, this outcome is not surprising at all. These types of coins soar like rockets but fall like guillotine blades. Once the hype passes, big players withdraw, and retail investors are left with nothing but scraps. Look, a popular coin with a market cap still over a billion, and today it still dropped 18%?

This collective correction offers a clear lesson to the market: the frenzy of purely hype and concept trading will ultimately face reality’s scrutiny. While these coins can boost market enthusiasm in the short term, their unstable foundations can drain funds from other fundamentally solid sectors, increasing overall volatility.

For retail investors, the most important thing to remember is: Memecoin is not value investing; it’s just a naked game of pump and dump. If you're already in, ask yourself—are you the one running fast, or is someone else? If you haven't entered yet, just watch the show. Never try to catch the bottom because of a big dip; you might end up catching a flying knife.

The market is never short of new hot topics or stories. The key is to preserve your capital so that when a real opportunity arises that belongs to you, you have the bullets to seize it. Keep a steady mindset to survive longer.