I bought some $T with a market value of around 1 million, trying to catch the last train of BSC letter coins.

Playing memecoins is really about following the money; the funds in the market are mostly from just a few groups of people. Recently, when Matt Furie's new book IP on ETH became popular, people started playing with ETH; now that BSC letter coins are hot, they are switching to BSC.

In fact, it’s just cycling through a few chains, but no matter where the funds go, retail investors are mostly the ones getting cut.

The key is, no matter when you notice the flow of funds, never chase the highs. Those who entered the market early play the leaders, while those who enter late play derivatives.

For example, with BSC's $B, many people say it can reach a market value of 1 billion. Even if it does, it’s just a little over double, but the risks are much greater. Moreover, although $B is a leader, the strong hands are not that tough; there are plenty of people who made big profits waiting to slowly cash out, and forcing your way in just feeds them.

So I chose $T, which has clear community support, and a low market value of only 1 million, betting that it can become the next letter coin with a market value of tens of millions after B and C.