Why didn't the Chinese Meme reach the same price levels as the October bull run this time?

If a ping pong ball is dropped from a high point, its bounce height always decreases over time. After creating an incredible wave of excitement in October last year, Chinese memes have now quickly faded away. According to data from GMGN, in the past 24 hours, “Wo Ta Ma Lai Le” decreased by 30%, “Lao Zi” dropped 25%, “Ren Sheng K Xian” fell more than 20%, and “Zhu Li Xiao Ni” declined over 40%. The BSC Meme community feels like the festival has ended, and the decline happened too fast—lasting only 2 days instead of a month like before. In fact, this phenomenon reflects profound changes in how the Meme ecosystem operates on BSC.

Chinese Memes Are No Longer New: The Game Has Changed

When a Chinese Meme appears, just its novelty is enough to push the price up. In previous years, any Chinese Meme coin enjoyed a premium from the market simply because of its uniqueness. But since October, the situation has changed. Chinese Memes have become a fixed category within the BSC ecosystem, no longer surprising.

The clearest evidence is that only Binance Life and Hachimi remain alive after October’s wave, while many Memes like Customer Service Xiao He, Cultivation, Nai Long have disappeared. This indicates that a Meme with only a Chinese name, or a fragile price-increase logic based on “position determines mind,” will definitely not last. To survive, Chinese Memes need to escape the halo of the “two saints” (CZ and He Yi) and develop an independent culture.

As the market becomes more “familiar” with this game, the Meme game rules have started to change. Instead of chasing new highlights, the community now cares more about sustainability and real value. That’s why many new Chinese Memes launched this time, even if they are listed on Binance Alpha or highly praised by bloggers, still fail to attract long-term community interest.

“Shandong Learning” in the crypto world: When rejection affects prices

This wave of Chinese Memes started from a post by He Yi on January 1, with the message “2026, Wo Ta Ma Lai Le” to wish a Happy New Year. A week later, the Meme with the same name began to surge and was finally listed on Binance Alpha. However, this also sparked widespread discussion in the community about “Shandong Learning in the crypto world”—in other words, blindly copying CZ and He Yi’s footsteps.

In fact, since CZ first interacted with the TST token on BSC in February 2025, a Meme launch model had formed. CZ and He Yi didn’t need direct guidance—developers, the community, and Binance Alpha’s team would automatically “enlighten” themselves, and the fate of a Meme was decided by a single post. Through cycles like CZ’s dog disputes, Dubai narratives, the community understood the necessary “social protocol”—a full “Shandong Learning” style.

But when this rejection became too intense, it backfired. Many bloggers criticized the ecosystem’s relentless “bootlicking,” leading to the creation of tokens like “Mother,” “Father,” “Lao Tzu”—names that became increasingly rustic. Users started feeling tired of this model. Crypto blogger Michael Liu openly said: “People really don’t want to keep bootlicking anymore.” This polarization directly affected the unity of the Meme community, preventing prices from consolidating into a strong force, and as emotions waned, prices quickly followed.

Lack of External Capital: Why Can’t Prices Sustain Like Before?

To maintain a Meme cycle, continuous price increases are needed, which require new buying volume to exceed selling. A main reason for the rapid decline of this Chinese Meme wave is the lack of liquidity injection from outside sources. Capital mainly came from the Chinese-speaking community on BSC, unable to attract the international community or Meme communities on Solana.

This contrasts sharply with October last year, when major international Meme KOLs posted on X to find ways to join the Chinese Meme wave. “Dog-playing” groups on WeChat suddenly had more English speakers, and these Chinese Memes made other chains appear more friendly. Jesse from Base invited the Chinese community to build on Base, while Solana promoted “Suo La La”—these influences translated into real buying power, extending the bull run’s duration in October.

But this time, external influences are completely absent. When using English language filters on X to search for posts related to Wo Ta Ma Lai Le, Lao Zi, or Xiao Gu Dong, the results are only announcements of listings from exchanges—actual discussions in the English-speaking area are almost nonexistent. The only Chinese Meme with external reach is Ren Sheng K Xian (noted internationally thanks to a report by Chinese state TV on 1/3), but it quickly faded when “Wo Ta Ma Lai Le” hit Alpha.

Lack of external capital means prices are only supported by a limited internal community. When emotions decline, without new outside buying pressure, a collapse becomes inevitable.

Shorter Meme Cycles: When the Ecosystem Switches to “Fast Mode”

This phenomenon also reflects a larger trend: the BSC Meme ecosystem has shifted into “fast mode.” Previously, from cold start to peak, it could take a month, but now it only takes a few days.

As Chinese Memes fully integrate into the BSC Meme cycle chain, the entire game rules have become a repetitive formula: cold start from “divine decree,” continuous interaction scams, listing on Binance Alpha, then eventually fading away. The market is now too familiar with this, so its appeal has significantly decreased. As the number of Memes increases, each cycle must be shorter to make room for new Memes.

This wave of Chinese Memes is just a small reflection of this shift. Every party eventually ends, and cold Memes fade even faster. But importantly, the Meme ecosystem is learning from previous cycles, and the game rules are becoming more sophisticated. Long-term Chinese Memes need not only fame or price but also real value to survive beyond the short market cycles.