Yabancıların Çince Meme coin'leriyle sorun yaşaması mı? Bir Polonyalı trader'ın gözünden Doğu ve Batı kripto kültürlerinin çarpışması

When Polish Traders Meet Chinese Conspiracy Coins

「The first time I saw that Chinese-marked coin surge to a 20 million USD market cap, I was completely stunned.」Polish trader Barry recalls that moment, still with a tone of shock, 「When it skyrocketed to 60 million, broke a hundred million, our European group was already buzzing — a bunch of people crazily pouring money into BSC chain, had no idea what was happening, just saw the price going up.」

Barry is a co-founder of WOK Labs, managing a multinational community of hundreds. He might be one of the few Western players who could understand this wave of Chinese Meme hype in advance.

On-chain data doesn’t lie. On October 8th, BSC’s trading volume surged to 6.05 billion USD — a figure reminiscent of the 2021 meme coin frenzy. The difference is, this time the leader is all Chinese Meme. Over 100,000 new players flooded in that day, nearly 70% of them made profits. Active addresses increased by nearly 1 million compared to the same period last month.

The question is: When did Western investors start entering? The answer is after the price took off.

Many European and American players only looked up the Chinese meanings afterward, suddenly realizing, “Oh, so that’s the meme.” Cultural barriers caused their first big loss.

「In the past, Europeans played Meme with American internet culture — self-deprecating, rebellious stuff.」Barry says, 「Suddenly emerging Chinese Memes left many clueless.」

But Barry is different. Early on, he collaborated with Chinese teams to create WOK Labs, gaining insight into Chinese community dynamics — social networks, emotional resonance, and so on. So he began to educate European groups about Chinese narratives, explaining the logic behind this wave.

Two Completely Different Game Rules

A careful comparison reveals that the ways of playing Meme in East and West are vastly different.

European traders prefer engaging in conspiracy-type projects, mostly based on Ethereum ecosystem, driven by well-known KOLs or teams controlling the market to pump prices. These communities develop slowly, but large holders holding bottom chips also mean huge sell pressure risks. So long-term projects are hard to sustain in Europe.

What about Chinese communities? They are much easier to establish. They focus more on emotions and stories, with project teams “telling stories” in WeChat groups to gather resonance and drive sentiment. Under theoretically “fair” conditions, this emotional-driven approach can sustain a more durable community.

Especially in this cycle, Chinese players are extremely relaxed — just buy IPs( or influencers’ statements) that you think are hot. One retail investor rotated through 65 Chinese Meme coins on BSC in 7 days, initially spreading $100–300 widely, then adding to the trending coins, earning about $87,000 net in a week.

This high-frequency “casting-net” operation perfectly reflects the retail community’s quick speculative style on new tracks. Meanwhile, Western players are also shifting away from small-cap coins around $50,000,000 market cap, toward targets starting at $5,000,000 for more certainty.

Agents connecting Chinese and Western markets like Barry are becoming increasingly active — helping Asian projects gain Western trust, and assisting European teams to enter Asia.

He believes this cultural difference, driven by personal experience, is nurturing new cross-circle cooperation opportunities.

From Dogecoin to Chinese Meme: Ideological Shift

Looking back, the pioneer of Western Meme coins was Doge, created in 2013 as a joke by two programmers. It mocked Bitcoin’s serious tone, but thanks to celebrity effects( like Elon Musk) and community enthusiasm, it peaked at 88.8 billion USD market cap in May 2021.

Later Pepe coins followed a similar path, born from the 4chan community, exploding in popularity after launching early 2023, with a market cap once surpassing 1 billion USD. The Pepe team explicitly stated, “No intrinsic value, for entertainment only.”

This value system dominated many Solana Meme coins afterward — such as Fartcoin, Uselesscoin, these nihilistic products, or Neet, reflecting Western internet culture’s love for “disrupting real-world value” and black humor. Solana Meme used image memes and rebellious spirit to capture imagination, dominating the attention economy for a long time.

But because of this, Chinese-dominated regions lack a “cultural valuation” for these tokens, leading to biases.

Chinese Meme coins show completely different features — rooted in resonance and identity projection. Tokens like “Humble Little One” or “Customer Service Little He” mock social realities through low-wage worker self-deprecation; “Cultivation” series reflect internet users’ fantasies of escaping reality; and “Binance Life,” carrying dreams of overnight wealth. A common trait is their close ties to official entities.

This is a difference in thinking systems. Chinese see it as “broadening the road,” while Western players believe the ceiling is controlled by the “system.”

But the explosion of Chinese Meme like “Binance Life” directly benefits from emotional resonance. Its slogan compares Binance Life to the previously popular “Apple Life,” with this innovative narrative clearly different from Dogecoin’s satire, appealing more to loyalty and sentiment.

When enough people understand this impression, the ticker gets bound within the system. When mocked, the official “has to pump” — perhaps the reason many can hold after wash trading.

This wave was not entirely spontaneous from retail investors but carefully cultivated by certain trading platform ecosystems. From He Yi’s joking remarks, CZ’s responses, to a series of official interactions and related platform launches, step-by-step and phased releases of benefits kept high-market-cap Memes in the spotlight, maintaining mid- to long-term liquidity and integrating the previously chaotic issuance into official systems, making the carnival more organized.

This is a ladder-like wealth effect formed through joint efforts of officials and communities. Such structured listing expectations would have been unthinkable a few months ago.

In contrast, Western Memes are more like luck-based community celebrations or conspiracy-driven pushes. This time, under multiple influences, the frenzy has turned into a blatant “wealth creation movement.”

The Public Relations Battle on Trading Platforms

The controversy also sparked fierce PR battles among trading platforms.

On October 11th, a founder of a decentralized protocol called for boycotting centralized exchanges charging listing fees of 2%-9%. Three days later, CJ, founder of a prediction market project, revealed on X that during negotiations with a major platform, he was told to stake large amounts of tokens and pay high fees, including an 8% token airdrop and marketing share, plus a $250,000 deposit.

He compared the differences between two platforms. Once this was exposed, the targeted platform quickly denied, claiming the accusations were “completely false and defamatory,” emphasizing “we never charge listing fees,” and threatening legal action. Later, they issued a more restrained statement, admitting their initial response was overreacted.

As the debate heated, another responded swiftly. Jesse, head of an L2 blockchain, publicly stated: “Getting projects listed should be zero cost.”

But public opinion started to turn — the platform, seemingly “pouting,” announced support for the tokens of its competitor’s mainnet launch. This was the first time in history a platform announced support for a direct competitor’s tokens. The supported founder welcomed this on social media, encouraging more projects to list.

CJ, who initially exposed the “disclosure” clause, also began to make overtures. Jesse’s attitude shifted 180 degrees — first posting a demo video, even using “Binance Life” as an example token, joking in Chinese about “activating Binance Life mode on Base App,” replying to CZ’s tweet with “Binance Life + Base Life = the strongest combo.”

These moves are interpreted by the industry as a thawing between the US and Chinese crypto camps, also bringing a long-lost “little golden dog” to the Base chain.

It can be said that once the trading volume and attention from the Asian market reach a certain scale, Western platforms have no choice but to approach Chinese communities actively. Platform competition and cultural narratives are now intertwined.

Language as Opportunity

Mainstream Western media paid close attention to this. Many Western retail investors lamented in groups, “We don’t understand the price rise,” and most only rushed to buy after the price soared. Even communities like Barry’s, with deep Chinese cultural exchanges, often face the problem of “knowing the meaning but not the significance” when predicting culturally meaningful Memes.

For overseas investors, Chinese elements once became a new barrier to entry. Western communities even developed Chinese-to-English translation tools for memes. Recently popular videos of foreigners learning Chinese to buy Memes also illustrate this.

This wave emphasizes the concept of “language as opportunity.” For the crypto world, the cultural and emotional information behind different languages is itself a valuable resource. This is the “first time Western investors need to understand Chinese culture to participate in the feast.”

Barry believes: “I think this wave of Chinese Meme market is nearing its end. The longer this cycle lasts, the more PTSD traders will suffer. These Memes are already evolving toward smaller caps and faster sector rotations.”

But he also says: “English and Chinese are now the main components of the Meme market, and this won’t change soon. China has a larger market and is more emotionally driven. European markets tend to lag. I think English tickers might return, but they will become more integrated with Asian culture — inspired by these Chinese Memes, they will adopt more Chinese-style humor, symbolism, and aesthetics.”

In the future, to catch the next Meme wave, relying solely on luck is not enough. Deep understanding of regional communities’ language and culture is essential. AI might help with cross-language dissemination — automatically generating memes, translating social posts, etc. — but AI still cannot replace deep cultural contextual understanding.

We may see a more multipolar crypto world — with more Chinese tickers like “Golden Dog” appearing on chains like Base and Solana, blending cultures and fostering new trends of integration and divergence. Amid these cultural differences, new opportunities may emerge.