2026-01-10 06:21:28

On Saturday morning, I took a quick look at the Meme coin market on the BSC chain, and honestly, I really couldn't understand it anymore. Recently, the price surges of these coins have been outrageous. To be honest, they can all be pumped regardless of their bizarre names, and this logic really doesn't make sense. If it weren't for the blind box mentality at play, it would just be pure emotional-driven trading — anyway, fundamentals seem to be completely irrelevant now. In this Meme market wave, it seems no one cares about project quality; as long as it's weird enough and the community is active enough, the coin price can skyrocket. But upon reflection, the risks hidden behind this illogical rise are huge and truly worth deep thought. When market sentiment shifts, these trash coins could instantly go to zero, and those who chased in might end up as bagholders.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
4
Repost
Share

Comment

0/400

rugged_again

· 01-12 22:43

This wave of Dog Coins is really crazy. The more ridiculous the name, the faster it rises. I'm even scared to watch it. --- Blind box mentality has been played out. No one cares about fundamentals anymore, it's all about emotional hype. --- Honestly, those chasing these are all gamblers. When the sentiment reverses, they become bagholders in seconds. --- BSC is now just a casino. Any name can take off easily. --- This round of market movement has no logic at all, relying solely on community hype and luck. --- Watching these coins soar, I feel even more calm. Ninety percent are just tricks. --- Before hitting zero, everyone thought they were geniuses, but unfortunately, the market doesn't play fair. --- Strange coin names one after another, it feels like watching a machine for harvesting retail investors operate. --- Fundamentals? That stuff is worthless in meme coins. --- Once the hype passes, these Dog Coins will reveal their true nature.

View OriginalReply0

ImpermanentLossFan

· 01-12 14:17

Haha, it's the same story again. When the market is good, any coin can skyrocket. I'm already numb to it. Shitcoins are just casinos; the house always wins. But on the other hand, who hasn't made money in this wave? It feels like the entire community is all in. Fundamentals? That stuff was thrown into the trash long ago. Now it's all about whose narrative is more powerful. I'm just watching from the sidelines, waiting to see who ends up as the bagholder in the end, haha.

View OriginalReply0

StablecoinAnxiety

· 01-10 06:51

Haha, the blind box lottery for Dog Coin现场, where's the promised fundamentals? --- This is just gambling with a different skin, wake up everyone --- Watching these coin friends go crazy one by one, I genuinely feel worried for them --- When the emotions reach their peak, the bag holders will start lining up, each one worse than the last --- I really can't handle this bottomless stuff, stablecoins are more comfortable --- As long as the name is outrageous enough, can it really surge? The market has completely fallen apart --- Instead of studying fundamentals, it's better to study who will be the last to hold the bag, that feels more realistic --- The most exciting moment is when Dog Coin skyrockets, the most painful is when it crashes, come and try --- Looking back at this wave of market, it's purely an emotional game, nothing else --- Why does no one ask what these project teams are actually doing? But I guess no one cares either

View OriginalReply0

OfflineValidator

· 01-10 06:24

Haha, this wave of meme coins is really outrageous. I started questioning life as soon as I woke up. Each local dog coin is more fantastical than the last, and the more absurd the name, the more outrageous the increase. What's the logic behind this? Basically, it's a gambling mentality—betting that the next one could become shib. It feels like the risk is indeed high, but no one seems to care anymore. The lineup of bagholders will definitely expand again this wave.

View OriginalReply0