Do you remember the feast of Memecoin back in the day? Doge, Shib, early Pepe—waving the banner of "smashing memes to the world," dreaming of outside capital flooding in and exchanges bowing to welcome. Every holder firmly believed they were passionate comrades in WAGMI, and the entire race was swept up in a collective belief of unity.
The turning point came quickly. After Pump.fun appeared, the frenzy of one-click token issuance completely changed the game. Tens of thousands of new tokens erupted daily, and funds no longer expanded outward but instead spun wildly within the market. The once "collective party" gradually evolved into a dark forest-style gladiatorial arena.
The current logic is brutally clear: PVP replaced the camaraderie pact, and "running fast" became the only rule for survival. You're not earning the fruits of market growth but the sweat and blood of the next buyer ten minutes later. Your gains are the losses of the next community member. This is the purest zero-sum game—everyone holds the trigger to sell, always ready to backstab their teammates.
As everyone competes to see who can exit the scene faster, the word "community" is crushed to pieces, trust completely vanished. Memecoin has fallen from a cultural vessel into a mere gambling tool, and the entire race is in pain. In such an environment, those who genuinely build communities become the laughingstock, mocked as "fools" for their persistence.
But there are always a few "slow-reacting" participants who go against the tide of PVP, trying to replant the seeds of trust on this desolate battlefield.
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AltcoinHunter
· 7h ago
It's really true—right now, memecoin is just a PVP meat grinder; whoever is slower dies.
Yesterday, I was in a new coin group watching a bunch of people hype each other up, and within an hour of the coin's launch, they all ran away... I really can't laugh about it.
To those guys still trying to rebuild trust, I respect you, but in this environment, it really feels like fighting a windmill.
If you ask me, we should go back to fundamentals—don't just look at memes and hype; you need to see if the team is reliable.
I missed the wave of Shib before; now I’m envious, but also glad I dodged a bunch of traps.
The problem is, how do you judge which is the next hundredfold opportunity and which is a meat trap? source: I don’t know either.
It feels like entering memecoin now is almost like gambling, unless you can be half a second faster than others.
Is there any big brother who can give some guidance? Do memecoin still have investment value now, or are they just a harvest machine for the chives?
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BearMarketSurvivor
· 14h ago
The supply line has been cut, and now the battlefield is full of wounded soldiers stabbing each other. This is the real memecoin ecosystem.
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AirdropworkerZhang
· 14h ago
Basically, it's just a new way of passing the flower around. Now everyone knows they're here to harvest the leeks, so what's with pretending to be a community?
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4am_degen
· 14h ago
Honestly, anyone still playing memecoin now is a gambler. I don't think there's anything worth washing.
It's been sold out for a long time. I see through the pump-and-dump game; it's all about cutting leeks.
This article is well-written, but it doesn't change anything. Those who should leave early have already left.
Does anyone really still believe in the community? Haha, I can't see it.
Do you remember the feast of Memecoin back in the day? Doge, Shib, early Pepe—waving the banner of "smashing memes to the world," dreaming of outside capital flooding in and exchanges bowing to welcome. Every holder firmly believed they were passionate comrades in WAGMI, and the entire race was swept up in a collective belief of unity.
The turning point came quickly. After Pump.fun appeared, the frenzy of one-click token issuance completely changed the game. Tens of thousands of new tokens erupted daily, and funds no longer expanded outward but instead spun wildly within the market. The once "collective party" gradually evolved into a dark forest-style gladiatorial arena.
The current logic is brutally clear: PVP replaced the camaraderie pact, and "running fast" became the only rule for survival. You're not earning the fruits of market growth but the sweat and blood of the next buyer ten minutes later. Your gains are the losses of the next community member. This is the purest zero-sum game—everyone holds the trigger to sell, always ready to backstab their teammates.
As everyone competes to see who can exit the scene faster, the word "community" is crushed to pieces, trust completely vanished. Memecoin has fallen from a cultural vessel into a mere gambling tool, and the entire race is in pain. In such an environment, those who genuinely build communities become the laughingstock, mocked as "fools" for their persistence.
But there are always a few "slow-reacting" participants who go against the tide of PVP, trying to replant the seeds of trust on this desolate battlefield.