I was asked by many friends yesterday—about this hot new coin in the Solana ecosystem. It’s currently at 0.14, can it really reach $1?

I have to be straightforward: reaching $1 isn’t entirely impossible, but it’s essentially a gamble. If you want to get in, you need to accept the risks upfront.

This coin has indeed been quite popular lately. A certain influencer casually mentioned it, and it immediately sparked a frenzy. An anonymous developer deployed a contract for just $35, and within 48 hours, its market cap skyrocketed to 350 million—definitely the first meme coin in the Chinese community to go viral, reaching peak popularity.

But here’s the problem. Behind the seemingly fiery numbers, there are actually three huge pitfalls, and if you’re not careful, you could get trapped.

**First Pitfall: Severely Damaged Liquidity**

The market cap looks impressive on the surface, but if you really try to sell a few tens of thousands of dollars, the price will collapse instantly. Whether you can successfully exit depends on luck.

**Second Pitfall: Chips Held by Big Players**

Although it claims to be fully circulating, most of the early investors have already hoarded the majority of the coins. Their moves can cause retail investors to get caught and cut.

**Third Pitfall: No Real Value Support**

Besides the hype and trending memes, what else is there? No practical application, no ecosystem, not even a decent website. The coin’s price relies solely on retail faith—how long can this last? That’s hard to say.

Honestly, I don’t deny the profit opportunities of meme coins. I’ve helped many people earn good returns on hot coins before. But I have one ironclad rule I’ve never broken: only use spare money, set stop-losses, and never hold a heavy position.

After being in this circle for a while, I’ve realized one thing—those who survive in the end are never the ones chasing the wildest trends, but those who understand when to hold and when to fold, with their own judgment. I never touch projects I don’t understand, and I definitely don’t engage in high-risk setups with no risk management. That’s the real confidence to keep eating well.

By the way, if you’re interested, follow me. I’ll share more practical strategies, but remember—steady gains are always more reliable than chasing a quick wave of wealth.