The on-chain activity has been absolutely crazy lately.
How many times have you seen stories like this: you casually buy a memecoin before bed, and wake up to find a few extra zeros in your account? People keep posting screenshots in the group, one after another, making it seem like there are gold mines everywhere and you just need to dig randomly to achieve financial freedom. Watching this, a lot of people can’t sit still anymore—they stop playing the secondary market, can’t be bothered to research fundamentals, and have only one thought left in their minds: I want to find the next 100x token too!
But have you ever thought about this: whose losses are your profits coming from?
This market has never been about inclusive finance; the 80/20 rule is the iron law. Those screenshots of sudden wealth that get your heart racing are either insider trades by the project team or a carefully curated collection showing only wins, never losses. Why do they do this? Because these myths are needed—they want you to FOMO in and become exit liquidity.
Smart money has already left
While retail investors are still fantasizing about “xx life,” the truly smart money has already quietly withdrawn.
They aren’t going to keep playing high-stakes games on-chain.

When everyone is chasing the same get-rich-quick dream
Recently, things have gone absolutely crazy on the BSC chain. Meme coin projects are popping up like mushrooms after the rain—today this one does 100x, tomorrow another does 1,000x. Stories of “going all in before bed and waking up financially free” are everywhere in group chats and on social media feeds.
You’ve definitely seen those screenshots—someone turns a few thousand bucks into millions, or a project surges 500x in three days. These stories go viral on social media, and new “get-rich legends” are born every day. The more you see, the itchier you get: why can’t it be me?
So more and more people stop researching project fundamentals, ignore the secondary market, and focus only on whether they can dig up the next 100x coin. But very few people stop to think about one question: where is the money in this market actually coming from?
For every winner, there’s a loser—that’s the iron law
The crypto market has never been a money-printing machine. Every dollar you make is a dollar someone else loses.
Behind those crazy price surges, the same rule always applies

How much is a meme worth? This game is not as simple as you think.
What is the most magical aspect of the crypto world?
The answer might drive traditional finance people crazy: a meme, a joke, or even a meaningless meme can roll out a market value of hundreds of millions of dollars within a few days. No business plan, no technological innovation, and not even a decent official website is needed.
In October 2025, this magical realism played out again on the BSC chain. But this time it was different - it was not just a simple grassroots carnival, but a wonderful clash of top-level forces and community enthusiasm. When a co-founder of a leading exchange casually says a Chinese blessing, when the platform's founders start interacting frequently, and when the official launches a specialized Meme issuance tool, behind this seemingly chaotic farce lies a set of intricate power game rules.
This is not another mindless hype, but a textbook-level capital experiment.
Everything starts from one

Mr. KEY is a successful investor who does not chase trends but instead focuses on long-term value and fundamentals. He emphasizes self-research, long term thinking, and maintaining conviction, believing that wealth accumulation requires patience and a clear mindset. He never touches memecoins, believing that success comes from a strong belief in the future.

The naming of the high-performance public chain "Solara" has sparked discussions, reflecting the importance of the Chinese community in the encryption circle. More and more foreign players are learning Chinese to integrate into the Meme coin culture and understand community sentiments. Brand localization is not just about translation, but also an expression of attitude, emphasizing the importance of cultural resonance. Understanding the community's language and culture can enhance the project's reach and loyalty.

The article discusses the trends of Meme coins across different blockchains. Compared to Ethereum's high barriers to entry and mature market, and Solana's speculative activities and short-term frenzy, BSC demonstrates strong potential with its large user base and low transaction fees. BSC attracts users through infrastructure development, rule-making, and cultural guidance, creating a virtuous cycle, and is expected to nurture the next billion-dollar project. The key lies in whether it can continuously attract developers and transform speculation into long-term innovation.

The names and culture of the crypto world are becoming increasingly important, and the influence of the Chinese market is on the rise. Recently, a high-performance public chain confirmed its Chinese name "索拉拉", reflecting that foreign users are beginning to learn Chinese to understand encryption culture. This phenomenon indicates that the project party needs to take the Chinese market seriously; it is no longer just about simple translation, but about deeply understanding local culture in order to gain an advantage in competition and promote the diversification of the global market.

One late night on a certain weekend, a newly initiated fren messaged me: "Bro, I heard someone made a million dollars from an internet meme?" I chuckled and replied: "Not just a million, this time it's crazier."
A joke ignites the entire chain.
The story begins in October 2025. That day, a co-founder of a certain exchange casually said on social media a blessing: "Wishing you to drive a car, live in a community, and enjoy life with your BNB." This was originally just a joke among netizens, but a few hours later, the token "life" was launched on the blockchain.
You might find this absurd—indeed, it is absurd. But what’s more absurd is yet to come: the community has already drawn up a complete "upgrade roadmap" for this coin. Starting from grassroots coin issuance, to the founder giving a thumbs up, then moving to the Alpha section of a certain platform, followed by entering the contract market, and finally landing in spot trading—each step is like a level setting in a game, and that blessing is treated as the "first level clearance hint."

A cultural earthquake triggered by a name
To be honest, when Solana officially announced its Chinese name "索拉拉" on October 20 on X, many people's first reaction might have been: Isn't this name just too cute?
But upon closer thought, this matter is far from simple.
This name comes from the suggestion of user @muper (@easytopredict) during the naming campaign initiated by Mable, the founder of Trends.fun. His reasoning is very straightforward: "Solara" represents those builders who are constantly creating on the chain, full of energy and enthusiasm. The transliteration is accurate, the reduplicated structure is catchy, and it carries a unique liveliness typical of Chinese—perfectly matching the high-speed and innovative ecological temperament.
But the question arises: why would a public chain bother to create a Chinese name at this time?
Foreign Degens are all learning Chinese now.
The answer lies in the magic of the crypto circle in recent months.

Meme coins on the BSC blockchain have recently begun to popularize the cultivation narrative, integrating the concepts of tokens and holding coins into the practice of cultivation, creating a resonant storytelling experience. Low-cost minting and strong community interaction promote cultural dissemination, allowing retail investors to feel a sense of participation and belonging. This trend is not merely speculative but is a game built on faith and cultural foundations, although risks still exist.

Musk dropped another "nuclear bomb" on social media.
On November 4, the head of SpaceX dug up an old post from April 2021—"SpaceX will send a real Dogecoin to the real Moon"—and added three words: The time has come.
The crypto community exploded in an instant.
Is the "joke" from four years ago going to come true?
Back in 2021, when Musk casually tweeted, the price of DOGE surged nearly 30% in just a few minutes. When everyone thought this was just another "hype marketing", a few weeks later SpaceX officially announced: the DOGE-1 lunar mission is officially launched, and they really accept Dogecoin as payment.
This project is operated by the Canadian company Geometric Energy Corporation, essentially a CubeSat micro-satellite mission - all settled in DOGE. According to the plan, this satellite will be paired with a hunt.

In the past few days, I have been deeply researching a new track, and when I looked up, I found that the outside world has changed. With so much to say, I might as well just say it.
The liquidity has really bottomed out.
The market has entered a bear market early, stop deceiving yourself. After that wave of TRUMP, the funds have basically been drained, and those small rebounds later? They are purely supported by emotions. Real money has long stopped playing.
The death spiral of altcoins
Nowadays, when a meme coin launches, it is already burdened with debt—there are no loyal fans holding long-term, nor developers who genuinely contribute. Airdrop enthusiasts cash out madly, VCs are eager to exit, exchanges rake in fees without mercy, and project teams want to cash out after struggling for years. Everyone wants to run, but who will take over?
Is MEME an antidote or a poison?
MEME coins were once considered a savior — retail investors used them to fight against the highly valued VC coins. It did work for a while. But the problem is, the zero-threshold, assembly-line style mass coin issuance, along with the illusion of "fair launches," fundamentally

Recently, I've seen memes going viral again, and it suddenly reminded me of an interesting point: the traffic is indeed very strong, but don't expect it to be very smart.
Following this line of thought, we will uncover a deeper issue – where exactly have those who shout "there will be no opportunities after XX" gone wrong?
Do you remember Fukuyama's "The End of History" back in the day? Every time the market shifts between bull and bear, there are always some who leave in silence, muttering that the market is dead and opportunities have been exhausted.
"There will never be another one after BTC."
"Once ETH came out, the public chain track came to an end."
"This wave will end after the XX meme goes viral"
......
Ridiculously wrong
BTC has never been the finish line; it is the starting line of the entire crypto world.
How to simultaneously understand "BTC is unique" and "there are always new opportunities in the market"? This is indeed quite mind-boggling.
The 2017 wave of coin issuance frenzy was essentially due to the lack of coins.

The article analyzes the current dilemmas in the crypto market, pointing out the exhaustion of liquidity, the increased burden of alts, the loss of long-term value of MEME coins, the phenomenon of exchanges self-mining, and the difficulties faced by the project party. Overall, the crypto industry is no longer vibrant and needs a fundamental shift driven by technological innovation to restore market vitality.

Recently, while pondering the meme craze, I suddenly realized a truth: traffic is indeed very powerful, but don't expect it to be very smart.
Following this line of thought, the more I ponder, the more interesting it becomes. In the end, I actually thought of that old cliché question — does the "End of History" thesis still hold in the crypto space?
Remember when Fukuyama proposed the "End of History" thesis, many people believed it without doubt. With each round of bull and bear markets, there are always a group of people who leave quietly, muttering: too many coins have been issued, this industry has no opportunities left.
Have you heard these arguments?
"There is no real cryptocurrency after BTC."
"There will be no new smart contract public chains after ETH."
"The story of meme coins after XX has been told."
All wrong.
BTC is not the end point; it is the starting point. This is the truth.
What is truly scarce?
Many people find it hard to understand a contradiction: since BTC is unique, why

The article explores the nature of the meme coin craze, emphasizing that while the traffic is fierce, it is not intelligent. Market opportunities always exist, even though the number of issued coins has surged; investors pursue the chance to get rich rather than specific coins. Market makers design new plays that lead retail investors to continuously chase after them, resulting in losses, while the real beneficiaries are the market makers and the platform. Retail investors are merely a resource and struggle to change the essence of the market.

In the summer of 2021, something quite magical happened in the crypto world.
A token featuring a dog head meme has somehow squeezed its way into the global crypto world market cap TOP 10. Many people's first reaction is confusion: why is this thing worth hundreds of billions?
How a joke becomes a cultural phenomenon.
The story starts in 2013. Two programmers, Billy and Jackson, saw the rampant speculation in the crypto world at the time and found it quite absurd, so they created a parody project—using the most popular Shiba Inu meme as the logo, with an unlimited supply.
Logically, this kind of reverse design should have flopped, right? But unexpectedly, a group of people on Reddit found it interesting. They started tipping fun posts with this coin, organizing charity donations, and even crowdfunded sponsorships for a race car driver and the Jamaican bobsled team.
Without a technical white paper and no innovative algorithms, Dogecoin relies on