Recently, meme coins have once again become the market focus. This round of market movement indeed seized the opportunity, with significant gains over a few days. However, looking at the background of these projects—dominated by domestic teams, with tactics similar to those of well-known projects before—they often generate hype and then quickly cool down. The meme coin category itself lacks fundamental support, and after short-term popularity, it often falls into liquidity exhaustion. Investors need to clearly understand: the cycle of such projects is very short, and the risks are also high. After the hype subsides, there is often a large-scale decline. When participating, be sure to control risk exposure and avoid putting too much capital into these highly volatile assets.