Recently, that wave of meme coins going viral, let's take a closer look.
To put it simply, this is a game of extreme emotions played out on BSC. The coin was born in December, but on January 1st, it was ignited by a single comment from a big V, resulting in a 10,000-fold surge within 24 hours, with the peak market cap soaring to $34 million. This is a classic emotion-driven market, with nothing fancy.
From on-chain data, the story becomes clear. Almost all of the top ten addresses are in a profit-floating state. Wow, many are already sitting on 50 to 100 times gains on paper. But these people are doing one thing—holding onto their chips. Very few addresses are actually dumping large amounts. Where's the problem? The floating profits are too thick. If another wave is pushed, the result is just providing liquidity to those who entered at low levels. No one wants to be that sucker market maker.
Although the price has now been halved, it’s still far from the cost basis of those early chips.
A certain foundation symbolically invested $50,000, which sounds impressive but has little real effect. For a market cap of several hundred million, this amount is basically negligible—just creating some hype for the ecosystem.
The core judgment is quite straightforward:
Such meme coins will continue to emerge endlessly, but the playable cycle will only get shorter and shorter. Catching the trend requires timing; riding the emotion means you should run when it’s hot. Don’t expect a second wave or any long-term value. It’s just a game of speculation, not a narrative.
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LightningPacketLoss
· 01-12 10:53
A hundredfold dream shattered, the early holdings are still floating with profits, while the later ones have all become bagholders. This is the fate of MEME coins.
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SchroedingerMiner
· 01-12 10:53
Ten thousand times dreams shattered, early retail investors are still bottom-fishing
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Here comes another sucker game, with such thick unrealized gains, why sell off to add to your own frustration
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Is that all? The foundation only put in $50,000 and is so perfunctory
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The cycle of emotional coins getting shorter and shorter is now routine; the key is who can time it right and run out
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The top ten addresses are holding steady, basically waiting for retail investors to pass the baton
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This wave of cut in half is nowhere near over, still far from cost basis, the skill of trapping people must continue
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Don’t think about a second wave, buy and sell immediately; this is the survival rule of meme coins
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Putting in $50,000 as hype funding, this move is quite outrageous
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A big V says ten thousand times, this is the madness of the crypto world
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Having too much unrealized profit becomes a shackle for selling off, ironic
View OriginalReply0
FancyResearchLab
· 01-12 10:51
The floating profit is so thick that the big players dare not move. Now they've mastered the game theory.
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tx_or_didn't_happen
· 01-12 10:43
It's the same trick again. With such substantial unrealized gains, who would dare to push it further? What's the point of the market maker?
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WagmiAnon
· 01-12 10:39
Another thousandfold dream shattered; I should have just run away when the big V was talking.
View OriginalReply0
GasFeeNightmare
· 01-12 10:33
Here is the translation:
It's the same old trick. Those who entered early are already sitting on profits, and we who came later are nothing.
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With such thick unrealized gains, who dares to dump? This is the fate of MEME coins.
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$50,000? They really treat this as fundraising, haha.
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I've figured out this wave. When emotions rise, go all in; when emotions fade, run away. Don't expect a second wave.
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Exactly, the next MEME coin should be coming soon, but this time it has to be faster.
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The top ten addresses are all big players; we're just one after another of the bagholders.
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A ten-thousand-fold increase sounds great, but it's just a matter of a big V saying one sentence. Who can keep up?
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Wait, can you still buy this MEME coin now? Take the losses or keep holding?
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That 50,000 from the foundation is a joke, just a tool to wash the hype.
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The game theory is spot on. Don't treat this as an investment; just see it as gambling.
Recently, that wave of meme coins going viral, let's take a closer look.
To put it simply, this is a game of extreme emotions played out on BSC. The coin was born in December, but on January 1st, it was ignited by a single comment from a big V, resulting in a 10,000-fold surge within 24 hours, with the peak market cap soaring to $34 million. This is a classic emotion-driven market, with nothing fancy.
From on-chain data, the story becomes clear. Almost all of the top ten addresses are in a profit-floating state. Wow, many are already sitting on 50 to 100 times gains on paper. But these people are doing one thing—holding onto their chips. Very few addresses are actually dumping large amounts. Where's the problem? The floating profits are too thick. If another wave is pushed, the result is just providing liquidity to those who entered at low levels. No one wants to be that sucker market maker.
Although the price has now been halved, it’s still far from the cost basis of those early chips.
A certain foundation symbolically invested $50,000, which sounds impressive but has little real effect. For a market cap of several hundred million, this amount is basically negligible—just creating some hype for the ecosystem.
The core judgment is quite straightforward:
Such meme coins will continue to emerge endlessly, but the playable cycle will only get shorter and shorter. Catching the trend requires timing; riding the emotion means you should run when it’s hot. Don’t expect a second wave or any long-term value. It’s just a game of speculation, not a narrative.