#加密市场行情 After witnessing this wave of Chinese Meme Coin frenzy, I have to be honest — this is a classic "ladder-style leek-cutting" movement, just disguised as cultural integration.
That retail investor rotating 65 different coins in 7 days to make $87,000? Sounds great, but what's behind it? Carefully crafted by the authorities as an "upward laddered expectation." From the joke about Yiyi, CZ's reply, to the MemeRush platform, every step is integrating chaotic speculation into a system, misleading retail investors into thinking this is a "wealth creation movement" rather than a "leek-cutting process."
The most heartbreaking part is that foreign investors are also starting to learn Chinese to participate. European traders who don't understand Chinese memes can only follow the trend and buy, causing prices to soar. This precisely shows that — **information asymmetry is always a tool for harvesting**. When Western players need to understand terms like "humble little one" or "cultivation coin" to join, they are already set up to take the fall.
And that story of "Binance Life," which embeds the overnight wealth dream of the crypto market into coin names, with a market cap of hundreds of millions of dollars, the underlying logic is emotional manipulation. The platform's propaganda wars, fee disputes, US-China thawing — these seemingly grand narratives are actually serving one purpose — maintaining hype and attracting continuous capital inflow.
I advise everyone not to be blinded by claims of cultural differences or cross-circle collaborations. Remember one rule: **Any movement claiming to "create wealth" is fundamentally a process of creating poverty**. The faster small-cap coins rotate and the higher the hype, the more concentrated the selling pressure becomes. The next batch of bagholders is already lining up.
The only way to survive long-term is to **identify the leek-cutting cycles and not dream of wealth when everyone is celebrating**.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#加密市场行情 After witnessing this wave of Chinese Meme Coin frenzy, I have to be honest — this is a classic "ladder-style leek-cutting" movement, just disguised as cultural integration.
That retail investor rotating 65 different coins in 7 days to make $87,000? Sounds great, but what's behind it? Carefully crafted by the authorities as an "upward laddered expectation." From the joke about Yiyi, CZ's reply, to the MemeRush platform, every step is integrating chaotic speculation into a system, misleading retail investors into thinking this is a "wealth creation movement" rather than a "leek-cutting process."
The most heartbreaking part is that foreign investors are also starting to learn Chinese to participate. European traders who don't understand Chinese memes can only follow the trend and buy, causing prices to soar. This precisely shows that — **information asymmetry is always a tool for harvesting**. When Western players need to understand terms like "humble little one" or "cultivation coin" to join, they are already set up to take the fall.
And that story of "Binance Life," which embeds the overnight wealth dream of the crypto market into coin names, with a market cap of hundreds of millions of dollars, the underlying logic is emotional manipulation. The platform's propaganda wars, fee disputes, US-China thawing — these seemingly grand narratives are actually serving one purpose — maintaining hype and attracting continuous capital inflow.
I advise everyone not to be blinded by claims of cultural differences or cross-circle collaborations. Remember one rule: **Any movement claiming to "create wealth" is fundamentally a process of creating poverty**. The faster small-cap coins rotate and the higher the hype, the more concentrated the selling pressure becomes. The next batch of bagholders is already lining up.
The only way to survive long-term is to **identify the leek-cutting cycles and not dream of wealth when everyone is celebrating**.