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There's a phenomenon worth pondering: why do meme coins in the smart chain ecosystem stall once they hit the secondary market? Ultimately, it's because the game is too transparent, and participants' intentions are laid bare.
The entire process is like a carefully choreographed dance: the moment the contract goes live, someone is already laying in wait with spot holdings, betting on the subsequent news-driven influx of spot funds. After the spot opens and the price breaks out, the news traders swarm in, and those who had been lurking earlier are waiting for the FOMO-driven bagholders to come and buy in. As the hype builds, the initial lurkers collectively dump their holdings, crushing the enthusiastic latecomers. When the selling pressure subsides, others start to lurk again, betting on the support of certain opinion leaders, expecting their influence to attract another wave of irrational participants. Finally, those who are slow to run and truly believe become the last bagholders.
Mainstream coins like XRP and SOL have already played out countless rounds of this routine, and now it's the meme sector's turn. Currently, the market is in the fourth stage. What's the next move? Waiting for influential figures to speak, then having short sellers, lurking funds, and trapped investors all strike together, making news chasers and true believers experience what it's like to face the "cold reality of the market."
This is the norm in the crypto market—every position is ambushed, and every rebound is a trap. Understanding this logic is key to surviving a little longer in the wave.