The recent performance of these Chinese Meme coins has indeed been quite fierce. In just a few days, their market cap skyrocketed, setting many new highs, sparking widespread discussion within the community—some speculate that large funds may be entering, while others are chasing it as the next Meme leader. From internet trending memes to trading hotspots, there is indeed a consensus within the entire Chinese community fueling the momentum.
But what about the other side of this trend? The distribution of holdings is very uneven, with little to no real application support; it’s purely driven by emotion and consensus. The characteristic of such assets is that they come quickly and go just as fast—short-term surges often mean volatile fluctuations afterward. Chasing high returns is fine, but one must recognize the risks involved.
**Technical analysis:** The current price sits at 0.1401 USDT. The support level downward is around 0.135 (about 3.18% below the current price), and the resistance is quite evident at 0.152 (about 8.98% above). The resistance zone between 0.1508 and 0.152 requires special attention.
In simple terms, this is a high-risk, high-reward game. Traders engaging in this type of trading need to be mentally prepared for extreme volatility and not be blinded by the price surge.
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RugPullAlertBot
· 3h ago
Another quick in and out, gamblers should wake up now.
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DaoResearcher
· 01-10 10:33
Based on the on-chain position distribution data, the token concentration issue of this type of Meme coin has already reached its limit, signaling the night before typical governance failure.
To be honest, the fluctuation range of 0.135 to 0.152 essentially reflects the fragility of the consensus mechanism. From a game theory perspective, this is a multiple equilibrium trap—one poke and it collapses.
The Chinese community's consensus driving force is indeed strong, but this thing lacks practical application support. A purely emotion-driven asset model will inevitably break down in a high-volatility environment. Vitalik has long demonstrated this theory.
I think, when chasing these kinds of things, you need to recognize that you're participating in a liquidity game, not investing. Keep the right mindset.
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ApeWithNoFear
· 01-10 00:54
Here we go again, this kind of emotional trading really is gambling.
Now it's the turn of the bagholders. With such an uneven position distribution, it's clearly playing with fire.
The faster it rises, the faster it falls. Anyone daring to chase the high is just being foolish.
0.152 feels like it won't break through easily.
How strong can community consensus really be? It's still just a psychological game among players.
Sounds like a typical scam to harvest retail investors. I'll just watch from the sidelines.
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LuckyHashValue
· 01-10 00:53
Another wave of cutting leeks, let's see how many people can come out alive.
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YieldHunter
· 01-10 00:45
nah fr this is just ponzi mechanics with extra steps, if you look at the data the concentration is absolutely insane... literally waiting for the rug pull at this point
The recent performance of these Chinese Meme coins has indeed been quite fierce. In just a few days, their market cap skyrocketed, setting many new highs, sparking widespread discussion within the community—some speculate that large funds may be entering, while others are chasing it as the next Meme leader. From internet trending memes to trading hotspots, there is indeed a consensus within the entire Chinese community fueling the momentum.
But what about the other side of this trend? The distribution of holdings is very uneven, with little to no real application support; it’s purely driven by emotion and consensus. The characteristic of such assets is that they come quickly and go just as fast—short-term surges often mean volatile fluctuations afterward. Chasing high returns is fine, but one must recognize the risks involved.
**Technical analysis:**
The current price sits at 0.1401 USDT. The support level downward is around 0.135 (about 3.18% below the current price), and the resistance is quite evident at 0.152 (about 8.98% above). The resistance zone between 0.1508 and 0.152 requires special attention.
In simple terms, this is a high-risk, high-reward game. Traders engaging in this type of trading need to be mentally prepared for extreme volatility and not be blinded by the price surge.