#山寨币季节即将来临？ PEPE hits a new record: soaring 34% in 24 hours, RSI heading straight into the overbought zone at 80, whale trading volume surging by 400%—this is the wild scene of current Meme coins. Every such rally sends the same signal: high-risk capital is flooding in, and the entire sentiment pool is ignited.

But behind this craze, it’s worth taking a moment to think.

History repeatedly tells us this truth: extreme rises in Meme coins are often followed by extreme drops. When RSI crosses 80, and the chat groups start saying "this time is really different," that’s precisely when risks are rapidly accumulating. Why? Two key reasons:

First, the core of Meme coins is liquidity-driven—whales entering can pump the price, whales leaving can dump the price. This underlying logic has never changed. Second, prices entirely supported by emotion will eventually face reality once the emotional tide recedes, returning to their true value basis.

So the question is: in such a track where volatility is infinitely amplified, is it possible for Meme to be more than just a price game?

For example, can community enthusiasm be transformed into verifiable real-world outputs? Are there projects trying to turn trading hype into offline educational initiatives?

Some are indeed trying. Certain communities are redirecting income from transaction taxes into educational resources, genuinely providing free learning opportunities for more children worldwide. This isn’t some grand narrative; it’s about finding a calmer, more solid path outside the Meme frenzy cycle.

The clone season may indeed be coming, but perhaps the question isn’t just who rises or falls, but what kind of projects can stand firm after the hype fades.