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

In recent years, the cryptocurrency market has once again sparked a 'meme coin rush,' with various low-market-value meme coins springing up like mushrooms after rain, attracting countless investors to flock 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, even reaching astronomical prices.

However, behind the meme coin rush lurks extremely high risks. Many meme coins lack practical application scenarios and purely rely on market sentiment for support. Once the heat dissipates or major players sell off, prices can plummet in an instant. Recently, certain trending coins have retraced over 90% from their peaks, leading to heavy losses for latecomers. Therefore, investors participating in this frenzy must carefully assess risks and avoid blindly following the trend to prevent becoming targets for market harvesting.

While the meme coin rush is certainly exciting, the true winners are often those who can strategically position themselves in advance and retreat in a timely manner.