A recent on-chain conversation featured guests raising sharp questions about certain phenomena in the BSC ecosystem, receiving candid responses. The content is worth sharing.

**Core Pain Points of the Issue**

The BSC chain has indeed become highly competitive recently. Whenever there is a slight movement on Twitter, development teams immediately follow suit by issuing tokens, and trading experts swiftly enter the market to build positions. By the time retail investors react and rush in, the market has already multiplied tenfold or more, but the main profits have long been divided among early movers and professional traders. Retail investors end up as bagholders. Does this speed-driven, layered harvesting model promote or harm the MEME ecosystem?

**Five Core Perspectives from the Guest**

First, regarding the phenomenon of front-running. Decentralization is inherently a competition for efficiency. Faster participants will always earn more, which is an inevitable result of system design. As market participants become more professional, the reaction speed gap between retail and institutional investors will only widen. This cannot be avoided and should not be ignored.

Second, about human intervention. Introducing third parties to regulate these behaviors would actually lead to greater centralization. Currently, there is neither the ability nor the need to manually regulate the natural operation of the chain.

Third, on freedom of speech. Some suggest reducing social media activity to lessen follow-the-leader behavior, but this contradicts the original intention of decentralization. Individuals have the right to express themselves and should not self-censor because their statements might be seen as investment signals.

Fourth, regarding the value of MEME tokens themselves. Those tokens created solely to ride the hype have a failure rate exceeding 90%. Most lack long-term cultural accumulation and community foundation.

Fifth, summary of viewpoints. The entire discussion revolves around a core logic: decentralization has its costs, and participants must accept the true face of the market.

**Reflections Behind the Phenomenon**

This conversation reflects a fundamental dilemma. The prosperity of BSC is rooted in the transparency of its mechanisms, but this transparency also amplifies information gaps and speed differences. Retail investors must either improve their professionalism or accept market selection. There is no middle ground.