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Recently, the batch of tokens on the BNB chain that gained popularity through hype have experienced a rollercoaster ride within just a week. Looking at these numbers, you can see how crazy the market is—
Let's start with some top ones: a popular coin's market cap plummeted from 52 million to 28 million, a 46% drop; another hot coin shrank from 18 million to 11 million, nearly a 40% decline; the worst one crashed from 41 million to 16 million, evaporating exactly 60%. Many other tokens also followed suit, all declining sharply.
Frankly, the problem with these kinds of tokens is obvious: they rely on memes and hype to pump prices, without real technological support or genuine use cases. When market enthusiasm cools down, things without solid fundamentals immediately reveal their true nature. When rising, they seem like legends; when falling, they turn into disasters.
This wave of market activity has given us a good lesson—whether there is artificial manipulation or actual utility, it will ultimately be reflected in the price. Did you make a profit this round or become a bagholder? Share your experience below.