2026-01-16 07:49:57

The "Shan Ye Wan Li" meme has recently caused quite a stir in the crypto community.

On the evening of January 14th, a major exchange's plaza hosted a Chinese AMA live broadcast, and the phrase "Shan Ye Wan Li" quickly went viral within the community, even giving rise to a token of the same name. Initially, the token's market cap fluctuated between 300,000 and 600,000.

Later that evening, several well-known community figures participated in the AMA overnight and publicly expressed their support for the meme and related discussions. Their involvement directly fueled market enthusiasm, causing the token's price to soar from 600,000 to 2 million. However, the hype was short-lived—by the next day, the price had fallen back to around 1 million.

The entire process reflects the community's enthusiasm for new concepts, the influence of celebrity effects in the crypto market, and the significant impact of short-term emotional fluctuations on prices. Such phenomena are not uncommon in the crypto space—meme culture, community consensus, and celebrity endorsements often combine to spark a wave of excitement.

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StakeWhisperer

· 2h ago

It's the same old trick again, when big influencers team up, the price skyrockets. Celebrity effect in the crypto world is really incredible; frankly, it's just an excuse to harvest retail investors. Meme coins are always like this—once the hype fades, they cool off completely. This time, "Shanye Wanli" couldn't escape its fate either.

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DaoResearcher

· 11h ago

According to on-chain sentiment data, this wave of "Mountains and Seas" phenomenon is actually a live example of Token Weighted Voting failure... From 600,000 to 2 million, a threefold increase that couldn't last more than 24 hours, a typical case of incentive misalignment. Market manipulation caused by celebrity endorsements— isn't this the paradox of game theory discussed in the first lesson of governance mechanisms? We need to re-examine the distribution of community decision-making power. Does meme culture drive prices? Let me think if there's a relevant white paper section... It’s worth noting that the repeated occurrence of this phenomenon actually indicates that our decentralized governance system is still very fragile. In the crypto world, honestly, it just lacks a true DAO check-and-balance mechanism... It would be great to see proposals someday that limit the influence of celebrities.

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WenAirdrop

· 11h ago

It's the same old trick again. When a big influencer teams up, the price jumps threefold. The retail investors are doomed to always chase the high. Celebrity effect is truly incredible. Basically, it's a game of bagholders. Once you have 1 million, you probably can't escape. Who dares to bet on the next trending meme relay? This wave indeed reflects the real ecosystem of the crypto world. Hype = the secret to wealth. Meme coins are always an emotional game. Players are well aware of this but still choose to participate.

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BlockchainNewbie

· 11h ago

It's the same old trick, celebrities boost the price once they step in, and then it drops back in the next second. This is the crypto world, memes are more valuable than technology. What are you so optimistic about? It was 2 million yesterday, and today it’s halved. Mountains and rivers? I feel like this is just another round of leek harvesting. Community enthusiasm is enthusiasm, but my principal is truly cold. Can you stop playing like this? It’s always the same. I missed this wave, but luckily, it’s okay. Celebrity endorsements are signals, I’ve already learned that.

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ser_ngmi

· 11h ago

It's the same old trick again, celebrities promoting products and immediately tripling the sales From 2 million to 1 million, the chopping of leeks (retail investors) is becoming more and more skillful Meme coins are just meme coins; ultimately, they can't compete with the whales Honestly, who profited from this round?

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Web3ExplorerLin

· 11h ago

hypothesis: this is just the oracle network of sentiment hitting market prices in real-time, no? the ancient greats called it *perception is reality*, blockchain just made it quantifiable... 3x pump then dump back down? that's not a meme, that's a liquidity mirage reflecting across the chain.

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LightningHarvester

· 12h ago

It's the same old trick again—celebrities set the trend, and retail investors follow suit and buy in. From 2 million to 1 million, just like that, breaking even overnight—classic leek-cutting script. How long can this joke stay popular? The next one is "Shanye Wanli" waiting in the wings. If I had known earlier, I wouldn't chase hot topics. Every time, it's a harvest for the scammers.

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