#数字资产市场动态 Meme coins on BSC have recently caused a big stir



These days, a project on Binance Smart Chain exploded — soaring over 1200 times in a short period, with a peak market cap reaching $9 million. Crazy, right? And now it has fallen back to around $6.7 million. That’s the true picture of Meme coins.

To be honest, Meme coins are just a direct reflection of market sentiment, with no real fundamentals to speak of, entirely driven by hype. How volatile are the prices? You can see from the 1200x figure.

Brothers and sisters investing, keep your eyes open:

Funds move in and out too quickly in the short term, and the risk is extremely high. Once liquidity dries up, you won’t be able to run. These projects are often just short-term hype, with no solid support. The bigger the volatility, the more traps there are.

$BTC $ETH $SOL

Want to participate in such projects? First ask yourself if you can handle the consequences of a complete wipeout. The market won’t wait for your reaction. The risk in the BSC ecosystem is indeed relatively high, so do your homework before jumping in.
BTC-0.24%
ETH0.55%
SOL-1.15%
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
APY_Chaservip
· 6h ago
1200x? Are you crazy? This is gambling. I would never touch BSC's air coins no matter what. It's the same old trick—pumping and dumping, harvesting retail investors. When liquidity dries up, that's when the nightmare begins. You can't escape, I've seen too many people get trapped and lose everything. Meme coins are just for fun, don't go all in. If it wipes out, there's nowhere to cry. Let's wait and see for this wave. There's nothing fundamental behind it, just pure emotion. It's too risky.
View OriginalReply0
ForkItAllvip
· 6h ago
1200x surge, now it’s fallen back, this is the daily life on BSC haha Another project got rug pulled, the next one is on the way Liquidity dried up, it's really over, can’t run away at all, seen it too many times Meme coins are just casinos, betting on emotions, not technology Those who get wiped out end up regretting not listening to advice, I’ll just keep observing
View OriginalReply0
TeaTimeTradervip
· 6h ago
1200x surge, now it has fallen back, this is the fate of meme coins. Should have known to sell when the market cap was at 9 million. --- It's another scythe harvest on BSC. When liquidity dries up, you can't even run, so who still dares to take on this kind of pump? --- Basically, it's a game of musical chairs. The fool who is the last to take over will be wiped out. I choose to watch from the sidelines. --- 1200x? Sounds great, but in reality, only a very few people profit, the rest are just fertilizer for the weeds. --- No matter how high the risk, human greed can't be stopped. Anyway, I don't touch this kind of thing. --- The market doesn't wait for your reaction; your reaction speed isn't even faster than your trading partner's. --- Zero fundamentals, just hype and sentiment. It's no different from gambling, just that gamblers don't want to admit it. --- When liquidity dries up, many people want to sell but can't, and that's the most terrifying part. --- BSC is really a hellish difficulty. Beginners should avoid it, even veterans need to be cautious.
View OriginalReply0
SmartContractPlumbervip
· 6h ago
A 1200x drop is just a joke. Did you check the contract code? Chances are, there was no permission control. --- I've seen many cases of liquidity drying up. Basically, it's the prelude to a rug pull. Did they even pass an audit before launching? --- That's why I never touch un-audited BSC projects. A reentrancy vulnerability can wipe out your principal. --- Market cap jumped from 9 million to 6.7 million. Sounds relatively mild, but the real trap is the kind you can't escape from at all. --- At the end of the day, meme coins are still tools for whales. The contract code is poorly written, and permission control is virtually nonexistent. --- Those who dare to participate should first run the contract through a scanning tool. If a project can't even prevent integer overflow, there's no need to gamble. --- Using the term "zeroing out" is good, but even worse than zeroing out is being locked out of liquidity. You can't even run away if you want to. --- I've seen many cases. On BSC, vulnerabilities are exploited one after another, and sooner or later, something will go wrong.
View OriginalReply0
CryptoPhoenixvip
· 7h ago
It's the same story again, behind the 1200x temptation is always the story of zeroing out [laughing with tears]
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)