** The Madness and Risks of meme Coins**
In 2024, meme coins once again created a frenzy, with Dogecoin, Shiba Inu, and others surging due to community hype. New projects like PEPE and WIF also achieved hundredfold returns in a short period. However, meme coins lack actual value support, and their prices are extremely volatile, leading to significant losses for many investors who bought at high points. Although some projects attempt to transition towards practicality, speculation remains their main characteristic. Investors need to carefully assess risks and avoid blindly following trends.