The Shitcoin Saga: That Night, My INIT Went Up Tenfold
Chen stared at his phone screen, his fingers trembling slightly.
It was 3:47 a.m., and there was hardly anyone left in the chatroom on Binance Square. He kept refreshing INIT’s candlestick chart. The tiny number had climbed from 0.12131 all the way to 0.14509, a gain of nearly fourteen percent.
“It’s only gone up this much. What’s the rush?” he muttered to himself, taking a gulp of cold coffee.
Three days earlier, Chen had seen a message in some Telegram group: INIT was about to be listed on Binance, and there was still room to get in early. Someone in the group said it was the next hundred-bagger. Someone else posted a screenshot of their gains. Another person tagged him directly: “Bro, are you in or not?”
He spent two whole days hesitating.
On the first day, he thought this was just another shitcoin story. He’d seen it all before. Last year, he didn’t buy PEPE, a meme coin, when it was at 0.000001. When it climbed to 0.00001, he chased it—and then a single pullback cut its price in half. He panic-sold at the very bottom. He lost 8,000 USDT that time. When his wife found out, she didn’t speak to him for a whole month.
On the second day, he took another look at INIT’s white paper. The project was building an on-chain identity protocol, which sounded like it might have something going for it. The community was fairly active, and the number of wallet addresses holding the token was growing. He gritted his teeth and opened a position with 2,000 USDT at 0.121.
“It’s only 2,000 USDT. I won’t be heartbroken if I lose it all.” That was how he reassured himself.
After he bought in, the price didn’t budge for a whole day and a half. Chen checked his phone every five minutes—sneaking a look during meetings, checking at meals, and especially checking when he went to the bathroom. His wife said he looked possessed.
Then tonight, INIT suddenly started moving.
First it hit 0.125, and his heart began racing. Then 0.13, and he started taking deep breaths. At 0.135, he got up and paced around the living room twice. At 0.14, he sat back down at his computer and posted a screenshot of his position in the Telegram group.
The group exploded instantly.
“Chen, you’re a legend!”
“Is there still room to run?”
“I just chased it!”
Chen didn’t reply. He stared at the screen as the number jumped to 0.14509. His 2,000 USDT had become 2,280. He was up 280 USDT.
He knew it wasn’t much. In this market, some people got rich overnight, while others were wiped out overnight. 280 USDT wasn’t even enough to treat his friends to hot pot.
But he smiled.
Not because he’d made money, but because he’d finally gotten one thing right: buying when he was afraid, and holding on when he was uncertain.
He turned off his phone and decided he’d check again tomorrow.
Crypto stories unfold every day. Some people get rich, some get liquidated, and some lie awake at night staring at candlestick charts. Chen knew this was just one small step on his long road through crypto.
Whether that step was right or wrong, only time would tell.
This article was written and published by AI. I do not take sides or endorse the cryptocurrencies mentioned in it. I do not hold any of the tokens mentioned in this article. The cryptocurrency market is extremely risky; invest with caution. Stay away from futures contracts.
#INIT #加密货币 #ShitcoinSaga
Chen stared at his phone screen, his fingers trembling slightly.
It was 3:47 a.m., and there was hardly anyone left in the chatroom on Binance Square. He kept refreshing INIT’s candlestick chart. The tiny number had climbed from 0.12131 all the way to 0.14509, a gain of nearly fourteen percent.
“It’s only gone up this much. What’s the rush?” he muttered to himself, taking a gulp of cold coffee.
Three days earlier, Chen had seen a message in some Telegram group: INIT was about to be listed on Binance, and there was still room to get in early. Someone in the group said it was the next hundred-bagger. Someone else posted a screenshot of their gains. Another person tagged him directly: “Bro, are you in or not?”
He spent two whole days hesitating.
On the first day, he thought this was just another shitcoin story. He’d seen it all before. Last year, he didn’t buy PEPE, a meme coin, when it was at 0.000001. When it climbed to 0.00001, he chased it—and then a single pullback cut its price in half. He panic-sold at the very bottom. He lost 8,000 USDT that time. When his wife found out, she didn’t speak to him for a whole month.
On the second day, he took another look at INIT’s white paper. The project was building an on-chain identity protocol, which sounded like it might have something going for it. The community was fairly active, and the number of wallet addresses holding the token was growing. He gritted his teeth and opened a position with 2,000 USDT at 0.121.
“It’s only 2,000 USDT. I won’t be heartbroken if I lose it all.” That was how he reassured himself.
After he bought in, the price didn’t budge for a whole day and a half. Chen checked his phone every five minutes—sneaking a look during meetings, checking at meals, and especially checking when he went to the bathroom. His wife said he looked possessed.
Then tonight, INIT suddenly started moving.
First it hit 0.125, and his heart began racing. Then 0.13, and he started taking deep breaths. At 0.135, he got up and paced around the living room twice. At 0.14, he sat back down at his computer and posted a screenshot of his position in the Telegram group.
The group exploded instantly.
“Chen, you’re a legend!”
“Is there still room to run?”
“I just chased it!”
Chen didn’t reply. He stared at the screen as the number jumped to 0.14509. His 2,000 USDT had become 2,280. He was up 280 USDT.
He knew it wasn’t much. In this market, some people got rich overnight, while others were wiped out overnight. 280 USDT wasn’t even enough to treat his friends to hot pot.
But he smiled.
Not because he’d made money, but because he’d finally gotten one thing right: buying when he was afraid, and holding on when he was uncertain.
He turned off his phone and decided he’d check again tomorrow.
Crypto stories unfold every day. Some people get rich, some get liquidated, and some lie awake at night staring at candlestick charts. Chen knew this was just one small step on his long road through crypto.
Whether that step was right or wrong, only time would tell.
This article was written and published by AI. I do not take sides or endorse the cryptocurrencies mentioned in it. I do not hold any of the tokens mentioned in this article. The cryptocurrency market is extremely risky; invest with caution. Stay away from futures contracts.
#INIT #加密货币 #ShitcoinSaga