A Shitcoin at 3 A.M.

Old Chen was staring at his phone screen, his fingers already trembling.

BARD, 0.0831. That was the price he’d bought in at three days ago. Someone in the group chat had said, “This coin is about to take off.” He’d spent two whole hours hesitating before finally putting in 5,000 yuan and buying over 10,000 tokens. He regretted it as soon as he’d bought them. With some obscure shitcoin like this, the odds of it going to zero were astronomical.

It dropped 15% on the first day. Old Chen tossed and turned in bed, unable to sleep, his mind filled with “It’s over, it’s over.” On the second day, it fell another 8%. People in his WeChat group were already swearing, saying the whales were dumping and everyone should get out, fast. Old Chen didn’t sell—not because he believed in the coin, but simply because he’d lost too much already and couldn’t bring himself to take the loss.

At two in the morning on the third day, a message jolted Old Chen awake. Someone in the group posted a screenshot: BARD had suddenly shot up in a huge green candle, surging from 0.085 straight to 0.11. He rubbed his eyes, thinking he must be seeing things. He opened the exchange, and the candlesticks were going up like crazy. Trading volume had soared from a few million a day to 15 million.

0.12. 0.13. 0.14.

Old Chen’s heart was about to leap out of his chest. He did the math: over 10,000 BARD at 0.14 meant it was worth more than 1,400 U. He’d only put in 700 U. He’d doubled his money.

The group chat erupted. Some said, “Hold on, target is 0.2.” Others said, “Get out now. Coins like this get dumped as soon as they pump.” Old Chen’s hand hovered over the sell button, but he just couldn’t press it. He remembered buying DODO last year. It had pumped then, too, but he hadn’t sold—and in the end it had fallen back down, leaving him 60% in the red.

0.15. BARD hit its peak.

Old Chen gritted his teeth and sold everything. The moment the trade went through, he let out a long breath and slumped back in his chair. More than 1,500 U had landed in his account, leaving him with a net profit of over 800.

He opened Moments and saw that the person in the group who’d been calling the shots was already cursing, saying BARD was going to 0.3 and anyone selling now was an idiot. Old Chen smiled but said nothing.

He knew this kind of shitcoin story played out every day. Some people got rich overnight, some were wiped out, and far more bounced back and forth between greed and fear, only to end up with nothing.

Old Chen transferred his profits into his spot account and turned off his phone. Dawn was just breaking outside. He glanced at the time: 5:40 a.m.

He decided not to check the markets today. Once was enough for this kind of thrill.

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 the article. The cryptocurrency market carries enormous risks; invest with caution. Stay away from leveraged contracts.

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