2026-01-07 20:22:24

The hottest tracks in the market attract capital and projects wherever they go. Seeing Ethena's USDe perform well, a certain team quickly launched BFUSD; Hyperliquid trading gained popularity, and the Aster project also seized the opportunity to capture market share. Creative pump strategies with obvious profit effects prompted some exchanges to immediately launch similar features. The stablecoin sector is the same; once the business models of Tether and Circle prove successful, new stablecoin projects emerge to try to share the pie (although the lessons from BUSD are still fresh in mind). The most typical example is the meme token craze in the Solana ecosystem—once the hype starts, project teams rush to launch spot trading, then aggressively pump, hoping to ride the wave. The entire market functions like a rapid copying machine, with successful models quickly reused and lessons from failures quickly forgotten.

ENA-1.14%

USDE-0.01%

PUMP-7.37%

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LiquidationSurvivor

· 01-07 20:51

Oh my, another round of crazy copy and paste. This time even daring to follow the trend with BFUSD? Really, watching these project teams chase hot topics is like watching fools... Hyperliquid gets popular, they jump in; Pump gets popular, they copy; the stablecoin sector is even more hilarious, with the lesson from BUSD still there. Over on Solana, it's now just a big casino, where hype = take off = surge = bankruptcy, cycle after cycle, and funds keep getting sucked in... History always repeats itself, but no one remembers the lessons.

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DegenWhisperer

· 01-07 20:49

It's the same old trick again. Have you already forgotten the lesson from BUSD? The front waves die on the beach, but the back waves keep rushing in. This stablecoin chaos must see a few more casualties before it's over.

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AirdropHunter420

· 01-07 20:29

A typical follow-the-leader phenomenon: BUSD is still just sitting there, and someone wants to copy Tether's script again, haha.

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NFTRegretter

· 01-07 20:28

Basically, it's the herd mentality. Whoever makes money faster, everyone rushes in like a swarm. No one remembers the bloody lessons of BUSD, just laughing. The stablecoin track is now everywhere; altcoins are still dreaming. That bunch of meme coins on Solana, the cash cow for harvesting retail investors, is fully operational. What else can this market do besides copy and paste? Where did all the innovation go? One success leads to a hundred follow-ups; failures are all ignored. It's typical fast-food culture—what's popular today becomes a trap tomorrow.

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RugPullSurvivor