#土狗冲锋 **Shitcoin Charge: The Meme Coin Frenzy Resurfaces, Opportunities and Risks Coexist**

Recently, the Meme coin market (also known as 'Shitcoin') has erupted again, with tokens like $PEPE and $WOJAK surging thousands of times in a short period, sparking a new wave of speculative fervor. These types of tokens usually have no real utility and rely solely on community consensus and sentiment for their rise, such as $PEPE, which quickly became popular due to the 'Sad Frog' meme culture, with its market capitalization surpassing $1 billion at one point.

However, the high returns of shitcoins come with extremely high risks, as most projects ultimately go to zero. The cost of issuing tokens on-chain is very low, and some projects are even generated in bulk by AI, making investors wary of 'Piyao schemes' and the risk of exit scams. If market sentiment wanes, funds may quickly withdraw, leading to a price collapse. It is advised that investors participate cautiously, control their positions, and avoid blindly following the crowd.