Opportunities and Risks in the Meme Coin Frenzy of #土狗冲锋

In recent years, the crypto market has once again ignited a craze for 'meme coins', with various low-market-cap meme coins emerging like mushrooms after rain, attracting countless investors to rush in. The core driving force behind this phenomenon comes from community speculation, KOL promotion, and the market sentiment of FOMO (fear of missing out), causing certain meme coins to skyrocket several times in a short period, and even reaching astronomical prices.

However, there are extremely high risks lurking behind the meme coin frenzy. Many meme coins lack practical application scenarios and purely rely on market sentiment for support. Once the hype subsides or major stakeholders sell off, prices can collapse instantly. Recently, some popular coins have retraced more than 90% from their peaks, causing significant losses for investors who chased the highs. Therefore, investors participating in this frenzy need to carefully assess the risks and avoid blindly following the trend to prevent becoming victims of market harvesting.

While the meme coin frenzy is certainly exciting, the true winners are often those who can layout in advance and withdraw in a timely manner.