The magical moment of Meme coin
The crypto world is always capable of creating miracles. Funding can happen without a white paper, and a product can gain popularity without being launched; all it takes is a meme, a sarcastic remark, or an emoji to build up a market value of hundreds of millions of dollars in a matter of days. It sounds crazy, but by the fall of 2025 on BSC, such occurrences have become almost routine.
Unlike the previous rounds of barbaric growth from the bottom up, this time the lineup of main players has expanded. Communities, KOLs, and even the trading platforms themselves are participating in this feast. From a casual comment by official personnel to frequent interactions from founders, and even to the dedicated issuance platforms built for this purpose, the seemingly chaotic celebration hides a carefully planned layout. This is no longer just a game for retail investors; the hands of capital have reached very deep.
How a tweet can ignite the market
The starting point of the story is very simple. In early October, a co-founder of a leading exchange made a joke in Chinese on a social platform: "I wish you

In the third quarter of this year, Chinese Meme coins rapidly rose in the crypto market, especially causing a sensation on the BNB Chain. Although the hype later subsided, the expansion of market share on exchanges and the participation of institutions brought new growth momentum to the BNB Chain, driving an increase in on-chain activity and volume. BNB is gradually evolving into a comprehensive crypto asset, becoming the infrastructure of the financial system, with promising potential for future development.

The launch of Futures Trading has boosted market confidence, especially among Meme coin investors. Although some believe that investing in the crypto world is akin to gambling, those who study and understand the market deeply tend to achieve higher winning rates. Despite the market's high Fluctuation, long-term holding and firm confidence are key to success.

The term "Binance Life" has become popular and eventually made it onto a certain leading exchange's perpetual contracts.
Anyone involved in the crypto world in the past two weeks has probably heard of it. What started as a joke has turned into a real project, and even the founders didn't expect things to develop this way. First, there was a discussion by the CEO of a major exchange, which then sparked a wave of Chinese tickers across different public chains, followed by recent disputes over transaction fees, and finally a temporary pause through cross-chain collaborations.
It seems like a story about a project, but in reality, it reflects a deeper cultural shift — for the first time, a large number of high-market-cap MemeCoins are using Chinese instead of English. What kind of Meme culture does this represent, and what does it signify?
We spoke with community operator Barry, a trader from Europe who manages a community of hundreds. When foreigners start using Chinese memes, what are they thinking?
Market Anomalies

A major exchange launching the LifeCoin contract has boosted market confidence, and the meme ecosystem continues to thrive. Although some people question the value of meme coins, in-depth research of the market and participant psychology can improve investment success rates. The author has been following this coin for a long time, and the expected returns are in line with expectations. They are optimistic about its future development, favoring long-term holding, and remain confident.

Donkeys are always going in circles, and the miller is always creating new situations
Regarding the meme coin craze, there's an interesting perspective worth exploring: believe in the power of traffic, but don't worship its wisdom.
Thinking along this line deeper, a bigger question emerges—has the crypto world truly ushered in the "end of history"?
This question isn't new. At the end of the last century, Japanese-American scholar Fukuyama proposed the "End of History" theory, believing that humanity had reached its final stage. Similar sentiments are often heard in the crypto space: no more cryptocurrencies after BTC, no more public chain smart contracts after ETH, and no new tricks after the last meme wave...
But all these judgments are wrong. Completely wrong.
BTC is not the end of crypto history, but its true beginning.
Token proliferation, does it increase opportunities?
Starting from the frenzy in 2017. At that time, tokens were scarce, hot money was abundant, and supply-demand imbalance created a bubble.

Core points are presented upfront
Someone asked why the PING Meme coin looks so much like the 2023 BTC inscription craze. My answer is straightforward: not just similar, but following the same pattern. Even more intense is that this time, the potential for evolution might be greater.
Why does it look so similar? It all boils down to one sentence:
On-chain data + off-chain interpretation rights.
The way inscriptions work is like this: users send transactions and occupy UTXOs on the BTC mainnet, but the BTC mainnet itself can't determine which transactions are "real inscriptions." This task is taken over by the Ordinals protocol, which acts like that black-clad figure, scanning all network transactions and following the principle of "First is"

This holiday, the crypto world was anything but idle.
Within a leading exchange ecosystem, several obscure Meme coins experienced a surge in market cap by dozens of times in just a few days—tokens like Meme4 and PALU suddenly skyrocketed, allowing early participants to easily see profits of over one million US dollars on their books. The community exploded with excitement, and various KOLs cheered and celebrated, as if a new gold mine had been discovered.
But the frenzy didn't last long. The market started to turn, and these tokens plummeted freely, with single-day declines of up to 95%. Over 100,000 traders were liquidated, resulting in a total loss of $621 million.
The dream of overnight riches quickly turned into massive account losses.
What is behind this madness?
This scene can be seen in any market, just in different forms. Retail investors gather to drive small-cap assets to surge, then quickly exit at the peak, while latecomers become the bagholders—this is almost an eternal rule of financial markets.
If this Meme coin craze

About the Cold Reflection on Meme Fever
Recently, while organizing some viewpoints, I focused on a question regarding the hype of Meme coins in this wave of market activity: we should believe in the power of traffic, but never trust its wisdom.
Digging deeper into this idea, a larger proposition emerges—about the "end of history" in the cryptocurrency industry.
Have you heard of it? "No more cryptocurrencies after BTC, no more smart contract public chains after ETH." Every bull and bear cycle, there are always people pessimistic, claiming that the crypto world has no future—too many tokens issued, the market is saturated, and there’s no room for innovation. This argument sounds very convincing, just like the "end of history" theory proposed by that Japanese-American scholar years ago.
But this logic is actually completely wrong.
Why does the market still go crazy despite supply explosion?
Think back to the token issuance boom of 2017. At that time, tokens were few, and hot money was abundant, so prices soared. But what about today? ERC