Recently, I've heard quite a few discussions about MEME coin investments, and one question keeps coming up—why are there only a few names always shining in the market?

The answer is actually quite sobering: a hundredfold return is never something you can gamble on.

Looking at the coins that keep appearing in discussions, you can understand—DOGE, SHIB, PePe—what allows them to withstand the bear market time and time again?

In summary, there are three key points, and none can be missing:

**Strong Narrative Backing**. These projects often have a clear emotional origin and ongoing external recognition. Take DOGE as an example; it is highly associated with specific public figures. This connection is not a one-time thing but a repeated endorsement.

**Survivability**. Truly good projects are not just about soaring in a bull market. Surviving the bear market is essential to have the chance to explode in the next cycle. Many so-called "local dogs" are wiped out in just one winter.

**Community Self-Drive**. No one pays you a salary, yet you persist in building—this is the moat. Projects that can survive on consensus rather than relying on fundraising are the ones worth watching.

Within the entire MEME track, these features have already led to a few relatively stable targets. The key is that many people are still waiting for them to fully take off and for the whole internet to be shouting before they start researching.

By then, the opportunity cost has long been calculated.

Instead of blindly chasing hot topics, it's better to focus now on projects that have already stood the test of time and have genuine community support. This is not gambling; it's positioning yourself for the next market cycle.

A golden dog only appears once in a few years, while local dogs are sprouting every day. That's the difference.