Don't be fooled: Is there always an opportunity in the crypto world? Wake up, you are just the donkey grinding the mill.

Today I suddenly want to talk about some cold thoughts behind the frenzy of Meme coins. After thinking for a long time, I came up with a sentence: Traffic indeed has power, but don't expect it to have wisdom.

Following this line of thought, the more I think about it, the more interesting it becomes—Isn't this just answering that classic question? Does the “end of history” thesis hold true in the coin world?

Do you remember that a scholar once mentioned the concept of “the end of history”? With every cycle of bull and bear markets, there are always a lot of people who quietly exit, muttering “there's no chance anymore.” Too many coins have been issued, the competition has saturated, and this market seems to have reached its end.

Sounds familiar?

• The pinnacle of democratic systems is in the United States.
• The ceiling of cryptocurrency is BTC
• After the smart contract public chain ETH, there is no more hope.
• No more legends after Meme coin XX

All wrong.

BTC is not the end point; it is the starting point. This is the truth.

But the question arises - how to understand the seemingly contradictory propositions of “BTC is unique” and “there is always opportunity in the market”? This is a test for the mind.

Back to the ICO craze in 2017. At that time, the supply of coins was low, but there was a lot of hot money, creating an imbalance between supply and demand that led to madness. What happened later? The ERC-20 standardization of token issuance, inscription gameplay, zero-threshold launch pads… various optimization paths took turns, and the supply of tokens surged like opening the floodgates, with tens of thousands of new coins emerging in a single day.

According to common sense, the market should have been saturated by now, right?

It can really hit you hard. Just when everyone thinks that “innovation” is dead, there are always smart people who emerge, come up with new tricks, and create another wave of wealth myths.

Why?

Because what is scarce is never the coin itself.

What is scarce is the opportunity to make money, the possibility of getting rich quickly.

What does it matter how many coins there are or how fast they come? They simply cannot satisfy the greedy appetite of the hot money in the market. What they are chasing is not the coins, but the scarcity of “this time it can turn around.”

As long as hot money is still chasing, there will always be room for the market to create new opportunities. The scarcity of getting rich quickly is almost an eternal proposition, which determines that the pursuit is endless.

What does this game resemble? It resembles a blindfolded donkey grinding grain.

A donkey has a carrot hanging in front of its forehead that it can never reach, and it keeps running in circles, desperately. Can you say that this grinding stone is the last one? Can you say this is the “end of the grinding stone's history”?

Obviously not.

The essence of the market maker is that they always have a way to design new grinding wheels, leading the donkey to continue turning. As long as there are endless generations of donkeys, the opportunities to create grinding wheels (set up the game) will always exist.

The millstone is born of the donkey, not the donkey of the millstone.

It's like there are whales because there are retail investors to exploit, not that there are retail investors because there are whales. Don't get the logical order mixed up.

Why are new games constantly emerging? Because the donkey is still running.

Each new game will be packaged as “the next tenfold opportunity”.