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Recently, if you've been browsing short videos, you probably haven't missed the trending topic "2026 Shang Shang Qian." Interestingly, this folk meme has directly spawned a virtual currency of the same name, with players drawing lots while mining, turning traditional fortune-telling into on-chain lottery. Behind this trend, it actually reflects a new stage where Chinese Meme coins evolve from simple dreams of quick wealth to cultural monetization.
Do you remember the "Binance Life" case from last year? It skyrocketed over ten thousand times in five days and even attracted foreigners to learn Chinese overnight to "go all in." Now, "Shang Shang Qian" is going even further—it doesn't rely on exchange cold starts but grows organically from the short video ecosystem, transforming folk symbols directly into on-chain assets. The power of cultural resonance is evidently stronger. Public blockchains also see this opportunity; Solana's official actively plays on the meme "Solala," and Base is competing for the attention of the Chinese-speaking community.
But here's the problem. The data is in front of us: most Chinese Meme coins have very short lifespans. When the "Binance Life" spot expectations fell flat, it plummeted over 24% in a single day. If projects like "Shang Shang Qian" only indulge in emotional hype without real long-term support, it's hard to avoid a flash-in-the-pan fate.
To truly break the circle of Chinese Meme coins, a balance must be found between cultural resonance and practical value. When "drawing lots" shifts from pure gambling to a real tool connecting offline experiences and building digital identities, Eastern narratives can redefine the game rules in the crypto world. Currently, it's still in the exploration stage; how it develops next is worth watching.