The era of playing with KOLs and meme coins is over——

The more KOLs jump on a hot meme coin, the higher the probability of losing money

This is an undeniable fact at present

Many people became KOLs through meme coins, making money from the trend's dividends and personal intuition, and after becoming the center of attention, retail investors blindly follow their trades

I believe this development will only make MEME coins harder to play

Having influential people along with a bunch of retail investors jumping in will only increase the difficulty for the market makers to drive the price up

Because of the current market liquidity, there is basically no support for the follow-up, and it’s still the same people in the circle, the money is still the same money, and it’s hard for the market makers to have a strategy

Especially with particularly hot narratives

And the recent meme coins that have emerged all share a common trait:

For example, labubu, useless, kled, etc.,

These all possess sustainability and have not been one-day wonders

Very few KOLs have jumped on, and at least there's rarely any public endorsements

So now it's not a good thing for KOLs to be on the same bandwagon, at least it’s unfavorable for retail investors.