In 2022, a meme coin named LazyLion suddenly became popular on overseas forums. Its image is a cartoon lion lazily lying on a sofa, and the white paper has only one sentence: "Being lazy to the extreme is also a form of power." Originally just a joke project for a few people to entertain themselves, it went viral due to a meme image of "lazy lions dominating the market," instantly attracting a large number of players. The community began to continuously create the "Lazy Lion Philosophy," and the project discussion area was as lively as a festival. The price of LazyLion skyrocketed from an insignificant decimal point to hundreds of times in just ten days, leaving early holders in shock at their profits. However, when the hype peaked, the developers delayed updates, and on-chain revealed that large whales held concentrated positions, the neglected risks suddenly amplified. A large sell-off directly triggered a chain panic, causing the price of LazyLion to plummet from its highs, almost returning to its starting point. Warning: A meme coin can take off with a single sentence, but it can also crash because of one. Emotions can create miracles, but they can never support value. Don't impulsively buy in the excitement, and don't treat jokes as the future.
ACChain (Asset Chain) scam is a typical false concept cryptocurrency scam exposed in 2018, relying on forged government endorsements and project qualifications to paint a picture that ultimately swindled over $60 million before fleeing.
ACChain claims to be an open-source public chain that can digitize physical assets such as real estate and gold, emphasizing the concept of "global asset tokenization." It also forged a series of qualification materials including official documents and cooperation agreements, falsely claiming that the project had government endorsements, creating a compliant and reliable illusion. Furthermore, it set a grand goal of "becoming a globally authoritative digital asset issuance and circulation tool by August 2018," further attracting investors to join. In reality, the project has no government affiliations, nor does it have any corresponding substantial products and real blockchain technology support.
The risks of this project can be seen from the team background. The operational entity, Guiyang Blockchain Financial Co., Ltd., is headed by Ye Qiang, who is also the legal representative of Shenzhen Puyin Blockchain Group Co., Ltd., which has been investigated for the "Puyin Coin" fraud case. Shenzhen Puyin once swindled 307 million yuan through the "blockchain +藏茶" model, and both companies share a shareholder, Shenzhen Fenghui International Color Treasure Co., Ltd., which has long been listed as untrustworthy. Guiyang Blockchain Financial Co., Ltd. was subsequently included in the abnormal business operations list due to the loss of its operating location.
ACChain was established in June 2017 and launched on the Allcoin exchange in January - February 2018. At the beginning of its launch, the token price once soared to nearly $3. However, after completing its fundraising in February 2018, the project team completely halted operations—the official website announced no updates after February 7, and the official public account only posted two non-original articles. Meanwhile, its token price plummeted within a week, shrinking by 86%, and after an abnormal surge in market capitalization in July, it quickly crashed. By the time investors sensed something was wrong, the project team had completely disappeared, and the tens of millions of dollars raised were all swindled away, leaving investors with no means to seek redress.
In 2021, a MEME coin named RocketDuck quietly became popular on Twitter. Its image is a duck wearing sunglasses and riding a rocket, and the developer only wrote four words in the introduction: 'Ducks can fly too.' No one expected it to become a sensation until a game streamer jokingly said during a live broadcast, 'If this duck goes to the sky, I will live stream shaving my head.' This phrase was edited into a meme and spread wildly, attracting a large number of players. In just two weeks, RocketDuck's market surged, and the community was creating new memes every day, making 'Duck Universe' a hot topic. However, popularity often comes with risks. After the market cap skyrocketed, a few early whales began to quietly liquidate, causing prices to plummet dramatically. Newcomers who chased the high could hardly react and could only watch helplessly as their accounts were halved, then halved again. Warning: The value of most MEME coins lies not in technology, but in emotions and jokes. When the traffic dissipates, the story ends. It's easy to be impulsive when seeing others become rich, but one must remind oneself: not every duck can fly back; some go up just to fall faster.
In 2023, a MEME coin called SleepyBear suddenly became popular in the community. Its image is a cartoon bear that can never wake up, and the developer's introduction has only one sentence: "When the bear wakes up, the price will rise." At first, everyone just thought it was fun, and a small number of players bought it as a commemorative coin. However, after a short video blogger posted a montage titled "The Awakening of the Sleepy Bear," SleepyBear was pushed to trending topics, and the number of community members surged overnight. As the popularity increased, market sentiment crazily stacked, and the price multiplied several times within a few days. Early holders were extremely excited, declaring that "the bear is about to awaken and become a giant beast." However, the development team remained anonymous, the code was unaudited, and holdings were extremely concentrated. These hidden dangers were ignored at the peak. Until one large holder cashed out late at night, SleepyBear's price collapsed like a dream that had been startled awake. Warning: The more romantic the story of MEME coins, the more real the risks often are. It can soar based on emotions and can also crash to zero in a second. Do not be swept away by collective frenzy, and do not replace judgment with hope. Remember: stories can be captivating, but money does not lie.
In 2022, a meme coin called MoonCat suddenly became popular on Reddit. Its founder claimed to be a 'cat-loving college student,' and the white paper contained just one sentence - 'Let's send cats to the moon.' Initially, no one took it seriously, but a meme about 'cats conquering space' unexpectedly went viral. Within a few days, the number of people in the MoonCat community surged from dozens to tens of thousands. A large number of newcomers entered the scene for the memes, and the price skyrocketed from a few decimal points to what the community called the 'moon price.' Early holders made unexpected profits from the joke, and related merchandise was also inflated to ridiculous levels. However, the hype eventually faded as users discovered that the team hardly updated, the code was unaudited, and the holdings of major investors were too high, causing panic to spread. After a late-night sell-off, the myth of MoonCat was extinguished like a firework. Warning: The life of meme coins is often driven by emotions, and emotions are more fickle than market trends. The hype comes quickly and dissipates just as fast. Don't treat memes as underlying logic, and don't take fantasies as investment basis. Always remember - it's fine to have fun with memes, but going ALL IN will lead to tears.
The fluctuations of K-line should not disrupt your judgment and rhythm. Follow the market trend closely, and trading can be internalized in mind and externalized in action.
Patiently wait for signals to appear, decisively grasp the timing to enter, and resolutely execute profit-taking and stop-loss.
Let the rules govern every operation, rather than being swayed by emotions; this is the key to sustained profitability. Do you all agree?
In the spring of 2021, a meme coin called SHIB suddenly appeared on overseas forums. It had no clear technological innovation and relied solely on the narrative of being a 'Dogecoin challenger' and a grassroots viral spread driven by the community. Young investors viewed it as a 'code for grassroots counterattack,' eagerly watching their phones at dawn to buy in. In just a few months, SHIB's market value surged from a few million to tens of billions, allowing some early players to achieve a leap in wealth. However, behind this frenzy, there are countless stories of people being hurt by the market. Many saw the astonishing gains, blindly chased the highs, only to have their investments halved in an instant after the whales took profits and sold off, even returning to square one. It is worth remembering that its founder once emptied the liquidity, causing huge controversy, indicating that the fate of meme coins is often in the hands of a few. Warning: The fluctuations of meme coins mostly come from emotions rather than value. Short-lived myths are easy to replicate, but true miracles have only happened a few times. Before entering, it is crucial to understand: what you see is someone else's story, and the risk is always left to the last person who rushes in.
In 2020, a programmer created "BananaCoin" on a boring night. Initially, it was just a joke, using a yellow banana graphic as the logo and shouting in forums that "bananas are the currency of the future." No one took it seriously until a community KOL posted jokingly, "I bet BananaCoin will increase tenfold." Unexpectedly, this joke ignited a speculative frenzy, and the community began to spontaneously create memes, videos, and images, with "banana culture" spreading rapidly. As attention skyrocketed, the price surged wildly within a week, and early players made a fortune. However, the bubble also burst just as quickly. The developers had limited capabilities, code vulnerabilities went unmaintained, and large holders sold off at the peak of the hype. Retail investors, who had impulsively chased high prices, could only silently endure losses in the plunging curve. Warning: Most MEME coins are merely products of emotions and traffic; their prosperity won't last long. It's easy to feel tempted when you see others getting rich, but you never know who is waiting to take the last baton behind the scenes. Please remember before entering: stories can be replicated, but luck cannot be replicated.
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Wall Street is on high alert for the year-end 'cash crunch,' will the Federal Reserve hint at restarting the 'printing press' this week? As the end of the year approaches, a new storm in the money market is brewing! One question that Federal Reserve Chair Powell must answer this week is: Does the Federal Reserve need to start the 'printing press'?
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Trump: May Lower Tariffs on Some Goods, Immediate Rate Cuts Are the 'Test of Fire' for Choosing the New Chairman of the Federal Reserve On December 9, U.S. President Trump was interviewed by the American political website Politico at the White House on December 8 local time. When asked if he was considering additional exemptions for tariffs on goods that other Americans believe are overpriced, Trump replied, 'Yes'; when asked if he ruled out the possibility of further lowering tariffs on other goods, Trump stated, 'Some goods will (have tariffs lowered), and some I will raise tariffs. What is happening now is all because of tariffs, like all car companies are returning to the U.S.' Additionally, when discussing interest rates, Trump was asked if 'immediate rate cuts are the test of fire for choosing the new chairman' and he replied, 'Yes,' but did not specify whether he had communicated with potential chairman candidates.
MEME coins are essentially a type of "emotion-driven tokens". They typically lack a complex technical structure and a clear business model. Their value mainly comes from community consensus, the speed of social media dissemination, and the short-term popularity of topics. In simple terms, MEME coins do not increase in value due to technology, but rather rely on "stories", "memes", and the continuous accumulation of crowd emotions. When a particular meme goes viral online, funds quickly pour in, driving prices to soar; however, when the hype fades and topics shift, prices can also plummet back to their original point. It is precisely because of this characteristic that the prices of MEME coins are extremely volatile, often experiencing rapid surges and drops in a short period. Once the community loses interest or whales start to sell off, ordinary holders often cannot react in time. Moreover, some project teams may even exploit the frenzy surrounding MEME to manipulate prices, clear out holdings, or abandon projects. The warning is: before participating in MEME coins, it is essential to understand that they are not stable investments, but rather the extreme product of emotional speculation. Do not act impulsively due to temporary hype, and do not invest funds that you cannot afford to lose. Participation can be lively, but risks must be anticipated.