After spending a long time in the crypto world, you'll notice an interesting phenomenon: whenever a meme coin accumulates a loyal fan base, that project essentially has an "insurance cushion." No matter how wildly the whales dump or offload, there are always people continuously buying the dip.

Why is that? Simply put, it's the power of faith. These believers have long internalized the project's promises into their beliefs, self-brainwashing to the point that they even see the whales' aggressive sell-offs as "accumulation opportunities." They keep telling themselves, "Short-term volatility doesn't matter; it will inevitably take off in the long run." As a result, they keep taking the other side of the trade, effectively providing a floor for the meme coin.

This is also why some projects, even with fundamentally rotten conditions, can see their prices oscillate within a certain range—because the believers' holdings determine the downward potential. As long as these people are still here, and their confidence hasn't completely collapsed, someone is holding the bag. Isn't this another form of "consensus," albeit one often built on unilateral expectations and cyclical self-suggestion?