Behind the BSC Shitcoin Frenzy: Who Is Quietly Profiting, and Who Is Buying at the Top?

Behind the On-Chain Frenzy, Who’s Quietly Making a Fortune?

Recently, BSC has turned into a money-making machine—memecoins are flying everywhere, and stories of overnight wealth are flooding social media. The legend of buying a coin before bed and waking up to several more zeros in your account is going viral in every group. Secondary market? Fundamental analysis? Doesn’t exist. All anyone sees is “the next 100x coin.”

But think calmly: where does the money you earn actually come from?

This market has always followed the 80/20 rule. The screenshots you see are either from project insiders front-running, or selective sharing—only showing the wins, never the losses. Why? Because these myths are needed to lure in new retail investors to take over the bags.

Smart Money Has Already Left

While retail investors are still dreaming of their “xx life,” the real smart money has quietly left. They’re not chasing memecoins anymore, but have shifted most of their positions to deeper liquidity and higher certainty blue chips—Bitcoin, Ethereum, and the like. Maybe they keep a little on the side just to keep playing the game.

By the time you realize your “golden dog” has turned into a “dead dog” and try to chase mainstream coins, the cycle is already ending. Those who got out early with their “xx life” cash-out have long since swapped their chips for BTC and ETH.

Who Are the Winners in This Game?

Institutions, KOLs (Key Opinion Leaders), and “Scientists.”

The playbook is simple: institutions team up with a bunch of KOLs to launch coins, closely follow the big names for hype. Hundreds of projects a day might all be run by the same group. Once a coin catches a hot topic, KOLs swarm in—having already positioned themselves—then tweet and shill. “Scientists” use bots and tools to frontrun; by the time retail sees the news, the price has already done a 100x.

Those who get in early might get a taste; those who come later are just carrying the bags for the insiders.

What about “fair launches”? When ordinary people launch a coin, even if it catches a bit of hype, without KOL backing, nobody pays attention. Occasionally, some retail traders catch the rhythm and make some profit, but project teams aren’t worried—they’re only worried if you stop playing. Most retail make a small win, only to lose even bigger on the next project.

In the end, you’ll find: after playing for so long, all your money has turned into someone else’s Bitcoin or Ethereum, while the memecoins you stubbornly hold have long since gone to zero.

Whose Scheme Is This?

Frankly, a major exchange is the biggest winner. Think about the entire logic chain:

1. First, pump their own ecosystem coins to create hype, making their ecosystem the center of attention.
2. Partner with KOLs to fabricate wealth stories—tales of turning a few thousand into millions spread everywhere.
3. KOLs hype in unison, creating the illusion that “anyone can get rich.”
4. Well-prepared capital sells at the top, passing the bag to the last ones in.

If the crypto world keeps developing like this, is there any future? Once Wall Street sees this, they’ll probably be fuming.

What Should Retail Investors Do?

If you don’t have faster tech than others or reliable insider info, it’s best to stay away.

Wealth is never truly made overnight. Those who achieve real financial freedom have usually survived several bull and bear cycles—accumulating during volatility and holding firm at the lows. Bitcoin and Ethereum, these blue chips, are the real tools for long-term wealth.

Rather than blindly betting on memecoins, it’s better to invest in assets with real value.

Memes might make you some pocket money, but those “10x, 100x” wealth stories belong only to a tiny few. Most people will lose everything in this game. Even if you do make a windfall with “xx life,” if your skills don’t match your wealth, you’ll end up losing it all.

Conclusion

Right now, BSC’s wealth-making myth has reached its peak, and the bagholders are probably lining up. Once this memecoin craze passes, the market focus will most likely return to blue chips.

The next cycle may not be on BSC, but in Bitcoin and Ethereum.

I can’t convince you not to play—after all, blocking someone’s path to money is like killing their parents. Just don’t lose your head, don’t lose your mind. Remember: the market is always more brutal than you imagine, but also more fair than you think—it will make everyone pay for their choices.